LUXEMBOURG, Oct 6, 2008 (AFP) - Eurozone finance ministers agreed on Monday that they would not let big financial groups fail, in continuing efforts to avert a wider meltdown, said the chairman of the Eurogroup minister Jean-Claude Juncker.

'We have agreed (to assure) that no financial institution of systemic importance should be allowed to fail,' Juncker told journalists after chairing a meeting of eurozone finance ministers in Luxembourg.