Czech EU presidency to organize informal summit to discuss financial crisis

The Czech EU presidency is to hold an informal EU summit to discuss how to deal with the global financial crisis, Prime Minister Mirek Topolánek said on Monday. The summit will be held in Brussels before the end of February, said Mr Topolánek, though he added that a precise date for the meeting would only be announced on Wednesday, after he met head of the European Commission Jose Barroso.