Bloomberg News

Euro Region Considering Bridging Loan for Greece, Welt Says

February 15, 2012

Feb. 15 (Bloomberg) -- Some euro region member states are proposing to offer Greece a bridging loan to ensure that the country can repay 14.5 billion euros woth of bonds in March, the German newspaper Die Welt reported, citing two independent people it didn’t identify.

The proponents of the bridging loan want to await the outcome of the parliamentary election in Greece before possibly approving a second rescue package for Greece, the newspaper said.

To contact the editor responsible for this story: Rainer Buergin at rbuergin1@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus