The meeting of euro zone finance ministers scheduled for Sunday in relation to deal with the Greek debt crisis has been changed to a conference call tomorrow.
‘The meeting has not been cancelled but changed to a conference call on Saturday evening,’ said Guy Schuller, the spokesman for Luxembourg Prime Minister Jean-Claude Juncker, who chairs the euro zone finance minsters' meetings.
Mr Schuller said it was not yet decided if there would be a statement after tomorrow’s conference call.
The ministers are to decide at the meeting to release the next tranche of emergency aid for Greece, without which Athens will default.
They were also expected to hold preliminary talks on the second financing package for Greece for 2011-2014, which could total up to €120 billion.
The euro dropped briefly from $1.4525 to $1.4476 after the change was announced, on market concern that the move could signal talks on the second package for Greece were less advanced than expected and therefore a meeting in person was not needed.
But Mr Schuller said this was not the case.
'It all went very smoothly so far, talks with the private sector are well advanced so that discussions on the second package can be held on 11 July,' he said.
The next regular meeting of euro zone finance ministers is scheduled for 11 July.
Officials said in June that would be the time when details of the next package would be decided.
