SOCHI, May 24 (RIA Novosti) - Russian President Vladimir Putin is holding an informal meeting with the Austrian chancellor, the president of the European Commission, and EU's foreign policy and security chief at his residence on the Black Sea coast.

Wolfgang Schuessel, Jose Manuel Barroso and Javier Solana have arrived in Sochi for the Russia-EU summit, beginning Thursday.

Russian Prime Minister Mikhail Fradkov has also been invited to the meeting.