Sweden open to EU rescue fund
Swedish Prime Minister Frederik Reinfeldt says his government is willing to listen to a controversial Franco-German proposal for an EU treaty change, if it doesn't cause problems.
Arriving in Brussels Thursday for a two-day summit aimed at creating new sanctions on debt and deficit offenders to prevent new economic crises, Reinfeldt said he would not oppose the plan to set up a permanent rescue fund. The change would require an amendment of the Lisbon Treaty, as Germany says this would be a legal prerequisite for its contribution.
But Reinfeldt says he opposes Germany's call for debt and deficit offenders to be stripped of their EU voting rights.