Bloomberg News

De Jager Hopes for Deal on Rescue Fund in March, Rheinische Says

February 27, 2012

Dutch Finance Minister Jan Kees de Jager would like to reach an agreement on a plan to combine rescue funds and produce a potential aid package of 750 billion euros ($1 trillion) in March, Rheinische Post reported, citing an interview with de Jager. .

De Jager added that “we need to ensure stability with appropriate means” and that Germany now has to take a decision, the newspaper reported.

Germany’s parliament approved the second Greek aid package in Berlin today after the close of equity markets. The government must decide whether to back plans at a March 1-2 European Union summit to combine rescue funds for the euro area and produce a potential firewall of 750 billion euros.

-- Editor: James Kraus

To contact the reporter on this story: Julie Cruz in Frankfurt at jcruz6@bloomberg.net

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net


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