Details of Greek loan package yet to be agreed

WORK will continue this week on the details of an emergency loan package for Greece from eurozone countries – but all, including Ireland, will be working to ensure that they never have to pay out money.

Greek finance minister, George Papaconstantinou described the proposed plan as a “loaded gun” to raise funds without necessarily having to be used.

“We would like to have a loaded gun on the table and hope never to have to use it,” Papaconstantinou told reporters in Brussels.