Greek crisis: why the European commission is planning a €7bn emergency loan
by Jennifer Rankin in Brussels from Economics | The Guardian on (#EDWF)
Money from an EU bailout fund would enable Athens to meet debt obligations and other expenses of the government such as wages
The European commission has proposed a a7bn (4.9bn) emergency loan for Greece from an EU bailout fund, defying the UK and other non-eurozone countries that object being on the hook for a crisis in the currency union.
Didn't EU leaders just agree to an a86bn bailout for Greece?
Related: European commission proposes using UK contributions towards Greek bailout
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