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Foreign debts to France to rise by 15 bln euro after EU loan to Greece

© RIA Novosti . Alexey Nikolsky / Go to the mediabankFrancois Fillon
Francois Fillon - Sputnik International
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Foreign debts to France will rise by 15 billion euros by 2014 as a result of the EU's decision to allocate Greece a second bailout package, French Prime Minister Francois Fillon said on Friday.

Foreign debts to France will rise by 15 billion euros by 2014 as a result of the EU's decision to allocate Greece a second bailout package, French Prime Minister Francois Fillon said on Friday.

The new bailout funds come on top of the 110 billion euro already granted by the EU in May last year.

But German Chancellor Angela Merkel said it is "impossible to say at the current moment" how the EU decision will affect taxpayers in Germany.

Eurozone leaders agreed at an emergency summit on Thursday a further package of measures aimed at preventing Greece from defaulting on its enormous public debt. The bailout will comprise funds from the European Union, the International Monetary Fund and private investors.

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