G7 finance ministers "very likely" to hold talks Sunday: source

LONDON Sun Aug 7, 2011 4:45pm EDT

A stock ticker reflects falling stock prices inside the London Stock Exchange August 5, 2011. REUTERS/Suzanne Plunkett

A stock ticker reflects falling stock prices inside the London Stock Exchange August 5, 2011.

Credit: Reuters/Suzanne Plunkett

LONDON (Reuters) - The finance ministers of the G7 major powers are "very likely" to hold a conference call later on Sunday to discuss turmoil in the financial markets, a British Treasury source said.

"It's very likely a finance ministers' call is going to take place later tonight," the source told Reuters, saying it was expected to occur at 5 p.m. EDT before the markets in Asia opened.

The source had no details immediately on what the substance of the talks would be.

(Reporting by Michael Holden)

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