Leaders of the European Union met in Brussels to discuss solutions for Greece's national deficit.
Leaders are ready to stand behind Greece to find a way to reduce their 12.7% deficit (which is four times EU regulations), reports the BBC. ( http://tiny.cc/BBC180)
Eurozone finance ministers may discuss financial support package for Greece in a meeting on Monday an EU source told Reuters ( http://tiny.cc/Reuters ), but they will not release details in order to keep the market guessing, the source said.
In the summit's statement, they required that Greece reduce its national debt by 4% in 2010, reported the BBC.
EU leaders said that they are willing to help Greece but did not give details as to how, reported the BBC.
Greece is willing to take extra action to reduce its deficit, Greek Prime Miniester George Papandreou said in a report from the BBC.