FXstreet.com (Barcelona) - Eurozone finance ministers will hold a meeting in Brussels at 15:00 GMT on Monday as a follow-up to the EU summit which took place on the 28-29 June. The Eurogroup will further discuss the previously agreed upon direct recapitalization of Spanish banks as well as the conditions of the second Greek bailout and the creation of a common EU banking supervisory body.
EU officials will also debate about the possible EFSF/ESM purchases of bonds on the secondary market. Negotiations on this matter might be difficult as the Netherlands and Finland have already expressed their opposition in this respect.
France and Germany will also try to sort out the difference of opinion on the issue of joint Eurozone debt liability. At a meeting between German Chancellor Angela Merkel and French President Francois Hollande during the weekend both leaders pledged to tighten the friendship between the two nations in order to more effectively combat the Eurozone debt crisis.
EU officials will also debate about the possible EFSF/ESM purchases of bonds on the secondary market. Negotiations on this matter might be difficult as the Netherlands and Finland have already expressed their opposition in this respect.
France and Germany will also try to sort out the difference of opinion on the issue of joint Eurozone debt liability. At a meeting between German Chancellor Angela Merkel and French President Francois Hollande during the weekend both leaders pledged to tighten the friendship between the two nations in order to more effectively combat the Eurozone debt crisis.
