EU ready to offer Iceland a loan, but it could take time: Reykjavik (AFP)

EU Commission President Jose Manuel Barroso is pictured during a press conference in Brussels. The European Union is willing to offer crisis-struck Iceland a loan for an unspecified amount, but it will likely take a while for loan to go through, Iceland's prime minister said Friday.(AFP/Gerard Cerles)AFP - The European Union is willing to offer crisis-struck Iceland a loan for an unspecified amount, but it will likely take a while for loan to go through, Iceland's prime minister said Friday.

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