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Thursday, July 16, 2015

Denmark says it is willing to contribute to bridging loan to Greece

Denmark is willing to contribute to a bridging loan to Greece to stave off a potential default on ECB repayment next week as euro zone countries debate a third bailout deal, the finance ministry said on Thursday. Sweden and Britain have both voiced concern over the loan because it would come from a fund to which all EU members, not just euro zone members, contribute.  "The euro area has taken a large responsibility for Greece. Denmark is ready to help by supporting a short term EU loan for Greece in the interim," Denmark's finance minister Claus Frederiksen said in emailed comments to Reuters.  Denmark is not a member of the euro zone.


READ THE ORIGINAL POST AT uk.news.yahoo.com