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• Greece gives details of how to save an extra 325m to euro zone ministers
• Greece has made progress in convincing euro zone on bail-out
• Evangelos Venizelos says Greece must convince some euro countries
• Antonis Samaras gives undertaking demanded by euro ministers

One News: Greece promises to clarify austerity measures Morning Ireland: Tony Connelly reports on the cancellation of a eurozone ministers’ meeting on Greece

Euro zone finance ministers will be set to take “all the necessary decisions” on Greece Monday after Athens met conditions for a bailout, the Eurogroup chief said tonight.

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European leaders met at a summit in Brussels where they were due to approve a permanent rescue fund for the eurozone, and put finishing touches to aGerman-driven pact for stricter budget discipline.

In the financial sector, Bank of Ireland slid 0.4c to 11.1c. AIB gained 0.1c to 7.6c. Irish Life

THE latest dispute between the Food Standards Agency and the Scottish Association of Meat Wholesalers broke out this week following the publication by the FSA of a number of meat plants that gave cause for concern.

Three of the eight plants listed on the FSA website under this category are based in Scotland – John Scott Meats, Basildene Ltd and Alsihia Ltd.

The FSA’s assessment is based on a number of factors including hygienic production, environmental production and concerns over the process within a meat processing plant.

A spokesman for SAMW, whose membership covers most of the meat processing plants in Scotland, said they had no issue with openness or keeping the public informed.

But they described the listing on the website as “shoddy and provocative” as well as being extremely unprofessional.

Both organisations were at pains to point out that the listing and the description of “cause for concern” did not relate to the quality of the meat.

The FSA stated that if there were any risk to public health, it had legal powers to stop production immediately but SAMW said the fact the meat from these plants remained fit for human consumption was not made clear in the web listing.

“The real fact is that these plants have been asked to make improvements,” it said. “The language u

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Nick Clegg has called for a John Lewis economy. Not a Primark economy (everything made in China), not a Currys economy (the people in charge have no idea what they’re selling), nor a Harrods economy (run by someone who believes the Duke of Edinburgh murdered his would-be daughter in law – sorry, wrong, that was the previous owner.)

The Lib Dem leader wants an economy based on the practices at John Lewis, known to its fans as “Johnny Lew”, so that the people who work for a firm have a stake in its success. John Lewis employees (or “partners”) get a cheque every year, the size depending on the profits the firm has made.

What a great idea for Britain! The government would have to run a surplus so that early in December every taxpayer would get cash back. T

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A Belfast judge ruled today that businessman Seán Quinn was not entitled to file for bankruptcy in Northern Ireland.

This follows a legal challenge by Irish Bank Resolution Corporation, the former Anglo Irish Bank, which claimed he should be declared bankrupt in the Republic, where it is seeking to recover billions in debt from the businessman.

The bank had argued that the 65-year-old’s “centre of main interest” is south of the border.

Mr Justice Donal Deeny, sitting in the High Court in Belfast, ruled in favour of the bank.

When he successfully sought bankruptcy status from the Belfast court in November Mr Quinn claimed that he was operating from an office in Co Fermanagh.

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As a result, accumulated losses at the company that owns the hotel, Shelbourne Hotel Holdings Ltd, stood at €209.3 million at the end of December 2010.

The chief factor behind the accumulated loss is a €155m write-down in the landmark property recorded in 2008.

At the end of December 2010, the company owed €286.3m to its creditors, including bank loans totalling €137m. Net liabilities stood at €191.6m.

The pre-tax loss of €906,570 in 2010 compares to a pre-tax loss of €4.56m in 2009.

Accounts just filed with the Companies Office show that the company increased its operating profit by 69% from €1.86m to €3.1m.

Bank int

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