Finance ministers wrestle over deficits, growth

Staff Writer
Columbus CEO

Eurozone finance ministers are debating what to do about Europe's shaky growth prospects and reviewing Greece's plans to make an early exit from its bailout.

Ministers from the 18 countries that use the euro met Monday in Luxembourg in the wake of international financial meetings in Washington, where Europe's troubles had many concerned.

Germany is resisting pressure to increase government spending to help growth. Meanwhile, governments are debating how to come up with more investment spending, and how to push countries like France and Italy to make their economies more business friendly.

The group will also review Greece's progress meeting conditions of its 240 billion-euro bailout. Prime Minister Antonis Samaras has said he wants to stop taking bailout loan money ahead of schedule and borrow normally on bond markets.