To find a solution to the debt crisis in the eurozone, Finance ministers of G20 group of nations arrange meeting in Paris
main discussion is about Greece remains, fears remain that the
crisis could spread to other highly indebted eurozone countries such as
Spain and Italy, and exposed European banks.
To protect defaulting on its debt Greece needs next bailout loan in coming month
Spain was hit by a further credit rating down on Thursday.
Standard & Poor's reduced Spain's long term rating by one notch, citing weak growth and high levels of private-sector debt.
It came a week after fellow credit rating agency Fitch also cut Spain's rating. Fitch also downgraded the creditworthiness of UK banks Lloyds and RBS, and also Switzerland's UBS
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