[Reuters] Finance ministers cancel Wed meeting, summits on - EU spokesman
BRUSSELS, Oct 25 (Reuters) - European Union finance
ministers have cancelled a meeting set for Wednesday but the
summit of EU leaders and of the euro zone leaders will proceed
as normal, an EU spokesman said on Tuesday.
The EU finance ministers meeting, known as an Ecofin, was
cancelled because the details of issues to be discussed at the
meeting have not been finalised, sources told Reuters.
Euro zone financial officials will still meet ahead of the
summit, the EU spokesman said, and Ecofin may also meet in the
coming days to work on the details of whatever euro zone leaders
agree on Wednesday night.
"Ministers of finance may meet in the coming days to
fine-tune decisions that will be taken tomorrow," said the
spokesman for Herman Van Rompuy, the European Council president.
"There is no new summit planned."
EU leaders will meet tomorrow to finalise details of a plan
to tackle the debt crisis, including proposals for steeper
losses for owners of Greek bonds, a recapitalisation of European
banks and extending the firepower of the 440 billion euro
European Financial Stability Facility.