Greece expects borrowing costs to go down in time

European finance ministers have gathered again in Brussels, one day after EU states said they are ready to help Greece with loans.

Euro-zone nations are ready to give a financial lifeline to Greece in the form of loans. But the exact form of the help has yet to be decided.

Elena Salgado, Spanish Finance Minister, said, "Greece for the moment, they do not need any help, they haven't asked for any financial help, so what we did yesterday is simply to discuss on the technical issues to have some instrument ready if it is needed."

Greece's Finance Minister George Papaconstantinou holds a news conference after a European Union finance ministers meeting in Brussels March 16, 2010. REUTERS/Yves Herman