8.20am BST

Greek Prime Minister Antonis Samaras, arriving at the EU summit in Brussels last Friday. Photograph: Sander de Wilde/Corbis

Good morning, and welcome to our rolling coverage of the eurozone financial crisis, and other key events in the world economy.

Attention is focused on Greece today, where the leaders of the three parties in its coalition government are meeting in an attempt to finalise the details of its €13.5bn austerity package.

Prime minister Antonis Samaras, Pasok head Evangelos Venizelos and Fotis Kouvelis of Democratic Left must agree the remaining details of the cuts package...and decide when to take it to parliament.

Several issues are unresolved despite the weeks of negotiations between Athens and its Troika of lenders. Samaras, Venizelos and Kouvelis must consider the Troika's demands for reforms to employment law, including cutting compensation for sacked workers.

Further job cuts are also on the table, as Greek newspapaper Kathimerini reports:

The troika has reportedly dropped its demands for the immediate layoffs of 15,000 civil servants but is said to be insisting on the sacking of at least 5,000 public sector workers by the end of the year – either through a labor reserve scheme or through permanent dismissal – with another 5,000 to go in the first quarter of 2013.

There are also rumours that the two sides may have agreed to lower Greece's privatisation target, to €10bn by 2016 and €25bn by 2020. The original goal of raising €50bn by 2015 now appears to be too much of a stretch.

The three leaders are due to meet from 1pm BST, or 3pm EEST. We'll be tracking developments in Athens through the day.

Elsewhere today, the waiting game over Spain's possible bailout continues. Last night Moody's downgraded five Spanish regions, further highlighting the country's economic problems. But there's still no sign that Madrid is ready to request financial help....