LUXEMBOURG (AFP) ??” EU finance ministers meeting kept steady squeezing on OPEC to pump more immature to calm soaring oil prices that threaten to setback Europe's fragile economic regaining Ahead of meeting of EU finance ministers.

LUXEMBOURG (AFP) ??” EU finance ministers meeting kept steady squeezing on OPEC to pump more immature to calm soaring oil prices that threaten to setback Europe's fragile economic regaining

Ahead of meeting of EU finance ministers, Spanish Finance Minister Pedro Solbes said: "We all acknowledge the ne to increase production and to maintain contact with husbandman countries".

EU ministers are to confine a lunchtime discussion on the impact of high oil prices forward the eurozone economy.

The annotates from EU ministers come as the Organisation of mineral oil Exporting Countries gathers in Beirut for a meeting forward Thursday about increasing the cartel's production with an aim to bring down prices.

Eurozone finance ministers meeting late Tuesday voiced relate to about soaring oil prices, which hit a recently made known all-time high earlier in the day in just discovered York, and called on OPEC to calm the market.

Warning of the impact of high