Sweden could offer bailout loan funds
Sweden are looking at the possibility of offering a bilateral loan to Ireland of around $1.5 billion as part of the bigger bailout loan according to the Swedish Finance Minister Anders Borg.
Ireland is discussing a bailout loan from the IMF and EU in the region of 80-90 billion euros.
“So we are dealing with something between 5 and 10 billion crowns ($728 million-$1.46 billion),” Borg said on Swedish radio.”
“I’m thinking of Denmark, Norway and perhaps Switzerland. It could be natural for these countries to ask themselves the question if they could contribute to a bilateral programme.”
They however said for a bailout loan for other countries in the EU their would be a higher bar.
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