The finance minister of Netherlands Jan Kees de Jager has yet again expressed his outlooks towards plans in involving private sectors for a new package of assistance for Greek’s crisis. He further added that he does not have any apprehensions that it could place his country in evasion.

Additionally, De Jager pointed out that he is not worried if credit rating agencies give cuts to his country or not, saying that this is something different compared to the credit ratings.

On Monday, Standard & Poor’s Corporation has put much effort in including in the private sector regarding giving more time to Greece to be able to work out their financial crisis through suggesting that French banks are having a proposal that would probably place Greece’s ratings as selective default.

The evaluation of this proposal by the rating agencies is regarded as a critical element if this will progress or not. The officials from European Central Bank and Eurozone have frequently expressed that they wish for a package that does not give default rating for Greece. This proposal could also influence the willingness of the European Central Bank’s acceptance of Greek bonds to be collateral.  This has been a significant part of keeping the bank sector of Greece that functions well all through their crisis.

Moreover, De Jager emphasized that issues are need not to be discussed further, saying that the credit status of Greece is not good for now, so the involvement of private sector is much needed, eventually making the public sector bailout private sector.