(Dateline withheld to protect source)
Dec 1 (Reuters) - G20 deputy finance ministers discussed "the financial situation in Europe" on Monday Asia time in a teleconference arranged last week, a senior G20 source in Asia said.
"It's a tradition of the G20 to share information whenever there's an important situation going on," the source, who took part in the call, told Reuters on Wednesday.
The source added that the participants reviewed the bailout package on Ireland announced at the weekend.
Asian members of the Group of 20 rich and leading emerging economies are Japan, China, India, South Korea and Indonesia. (Editing by Neil Fullick, Asia Economics and Markets Desk, Singapore)