Rutte wants secured loan for Greek bail-out money

Prime minister Mark Rutte told the press on Friday afternoon that he wants a secured loan for the money being lent to Greece to bail it out of its financial difficulties.


His remarks came after it was revealed on Thursday that Finland has agreed a secured loan with Greece in which Greece will deposit money in a Finnish state bank account in return for the loan.
‘We don’t think it’s necessary, but if the Fins have a deal with Greece, we want one too,’ Rutte told journalists at his weekly press conference.
All countries
Since the deal between Finland and Greece was announced, several other eurozone countries have said they want their loans secured. ‘If they are to be secured loans, then this must apply to all the countries involved,’ Rutte said.
The Finnish deal is reported to be for €500m but Rutte says this is much too high. ‘Our first step must be to get this deal off the table but if it remains, it must be much smaller.’

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