Emergency Greece summit stopped as Finland draws hard line

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Greek Finance Minister Euclid Tsakalotos and IMF Director General Christine Lagarde

 © Francois Lenoir / Reuters

Emergency Greece meeting was interrupted the night – Finland pulls hard line

Translation / taloussanomat.fi

HELSINKI, JULY 11 – Euro zone finance ministers’ meeting was interrupted last night after nine hours of torque in Brussels. The negotiations were expected in advance very difficult. Many ministers were talking about a crisis of confidence before the beginning of the meeting.

Finance Ministers are due to meet again today with twelve Finnish time. Heads of State emergency meeting on Greece will be held in the evening. 

According to several media in Finland has been leading the negotiations very strict, if not in the euro countries, the steepest line.

– I do not think that we can do at this stage to support the minkäälaista an additional loan to Greece. About half of the member countries are in the same position as we and maybe a few opposite, Finance Minister Alexander Stubb said.

YLE , MTV and the HS that Finland does not want a new loan program for Greece and to drive at least a temporary difference on the euro.

The German magazine Franfurter Allgemeine Sonntagszeitungin According to the German Ministry of Finance put forward by the Greek should be made ​​more clearly superior proposal and transferred to the value of EUR 50 billion property fund, which allows a creditor would shorten the Greek or should resign at least five years of the euro.

The German Ministry of Finance has not commented on the magazine information, but a number of officials, such a proposal has not been discussed during the conference.

Translation / taloussanomat.fi

Vaikea Kreikka-kokous keskeytyi yöksi – Suomi vetää kovaa linjaa 

 

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