China pledges: We'll prop up the eurozone and keep Greece afloat

 

 

By Mail On Sunday Reporter

Last updated at 2:51 AM on 3rd October 2010

 

• Comments (59)
  
• Add to My Stories
  

 

China last night offered to bail out debt-ridden Greece – and pledged to support the eurozone countries during the global crisis.

Premier Wen Jiabao made the offer at the start of a two-day visit to the crisis-hit country.

‘China is holding Greek bonds and will keep buying bonds that Greece issues,’ said Wen.

 

Help: Greek PM George Papandreou and Chinese premier Wen Jiabao in Athens

 

‘We will undertake to support eurozone countries and Greece to overcome the crisis.’

Greece needs foreign investment to help it fulfil the terms of a £95 billion bailout from eurozone members and the international monetary Fund that rescued it from bankruptcy in May.

‘I am convinced that with my visit to Greece our bilateral relations and cooperation in all spheres will be further developed,’ Wen told Greek Prime minister George Papandreou yesterday.

Wen will address the Greek parliament today and leave tomorrow for Brussels, where he will attend an EU-China summit.

 

 

Read more: http://www.dailymail.co.uk/news/article-1317306/China-pledges-Well-prop-eurozone-Greece-afloat.html#ixzz11IRJRnzV

China is going to take over the world