Responsible for EU finances to meet in Vienna on Greek debt (AFP)

Brussels (AFP) - European finance officials will meet in Vienna Wednesday to thrash group the Greece debt problems, with a second rescue plan in exchange for new cows lean and compromise sale appearing more likely.

As a mission of EU - IMF Athens closer to its conclusion, European diplomatic and Government sources said AFP at the meeting of the junior Finance Ministers and officials of the national Treasury is a habitué of collection which prepares the finance ministerial talks, the next deadline June 20 in Brussels.

However, representatives of the States of the eurozone 17 will take off to examine the implications for their finances to a second request for bailout of Athens.

Agenda of the Ministers will cover a hole in the finances Athens estimated at some 60-70 billion euros and new aid possible on a draft report by experts from the European Commission, the Central Bank and International Monetary Fund European, due at the end of the week.

The report, which will identify where the Greece lies in its efforts to redress public finances, could be delayed until Monday, a European source added.

"Good progress, our sense is we are very very close," Amadeu Altafaj, spokesman for European Commissioner Olli Rehn Economic Affairs, told a Tuesday press briefing.

An announcement is expected in the "coming days", which will concern only if the troika recommends the rehabilitation of the next scheduled payments of rescue of the last year - 8, $ 7 billion of loans from partners of the eurozone and IMF€ 3.3 billion.

The Greece should propose new considerable efforts in exchange for money nine in one form or another of partners in the euro area, the IMF and the ECB.

Greek officials are currently locked in negotiations with the representatives of three organizations that year last to the rescue of the country with a loan of 110 billion euros ($157 billion).

Athens is a regular payment of the loan, EUR 12 billion, to pay its bills in July.

But the IMF has threatened to withhold its share of the funding without an agreement more extensive that will make the Greece debt - more than 350 billion euros - sustainable.

The top-selling Greek daily Ta Nea said Tuesday, citing sources in Brussels, that the country will receive the new loan in exchange for additional spending cuts and a faster pace of privatization.

During this time the Wall Street Journal reported that Germany plans to abandon its push for a rescheduling of Greek debt to facilitate a new loan package.

The euro climbed Tuesday on hopes that the Greece could receive a new loan of rescue, passing at $1.4409 in the end of the morning trade of $1.4282 later Monday.

Head of the Central Bank of Italian Mario Draghi, which is defined at the head of the ECB, has warned that the debt crisis in Greece, Ireland and Portugal could have "significant systemic effects" in the euro area.

He said "European monetary and economic union is facing its most difficult test since its creation". "There is no shortcut.

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