Sweden could assist eurozone bailout: Borg

Sweden's finance minister Anders Borg was on Sunday unwilling to rule out that Sweden would assist in underwriting a bailout fund for troubled euro economies.

“I would not rule out anything,” Anders Borg told reporters as he arrived

for crunch talks in Brussels.

“I would be willing to consider any option,” he said when asked if Sweden could help to guarantee borrowings in the EU’s name despite not itself being a member of the euro.

Fellow euro area outsider Britain indicated earlier Sunday it would not participate in the fund.

“We need to make progress today, we cannot afford dispointment with the markets,” said Borg, referring to deadline of Sunday evening for agreeing a deal, as fixed at a summit of eurozone leaders on Friday.

Borg underlined that although the debt crisis that brought down stock markets worldwide last week is a “eurogroup problem,” and that it was “clear that our taxpayers are not willing to pay for Greek problems… we also need to solve the problem.”

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