We believe the Eurogroup talks will continue until late tonight, so we should have news on any developments on the website this evening.
Successive Spanish governments had vehemently denied they needed any outside aid.
His comments came despite Spanish Prime Minister Mariano Rajoy backing de Guindos as potential head of the group of eurozone finance ministers in an interview published Sunday in several newspapers.
De Guindos was the main challenger to replace Dijsselbloem as the head of the Eurogroup when his first term expired in 2015 but in the end the Dutchman secured his re-election to the powerful post.
Germany finance minister Wolfgang Schäuble has warned this afternoon that European banks should not get direct access to funding from the Eurozone bailout fund until European banking supervision has been established.
In a clear signal that Germany will not allow direct bank recapitalisation soon, Schäuble also told reporters in Brussels that setting up closer banking union across the eurozone was "not a small deal" and would take time.
The eurozone crisis is now "much more profound and more fundamental" than the collapse of Lehman Brothers.