Finland not to compromise on Greek loan guarantees: Finnish PM

13:32, July 21, 2011      

Email | Print | Subscribe | Comments | Forum 

Finnish Prime Minister Jyrki Katainen said on Wednesday that his country will not compromise in demanding guarantees for any new Greek bailout loan.

According to Finnish media reports, Katainen said that the European economic situation is extremely difficult. Despite the seriousness of the situation, he stressed that Finland remains inflexible on the guarantees demanded for a new Greek bailout loan.

Finland is seeking long-term solutions from Thursday's summit. According to Katainen, decisions need to be made quickly to prevent the financial crisis from coming to a head worldwide.

Katainen is in Brussels on Thursday for an EU leaders' crisis summit. They are aiming to stabilize the economic situation in Europe and will discuss new bailout loans for Greece.

A July survey commissioned by Finnish newspaper Helsingin Sanomat indicated an overwhelming majority of Finns back the government's stance on demanding guarantees for any further euro zone support loans. Some 86 percent of respondents consider the government's line to be either completely or partially correct.

  Weekly review  


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese FM attends ASEAN+3 foreign ministers' meeting
  • Chinese medical team in Liberia returns home
  • "Wuxia" premieres in Taipei
  • Ongoing 14th FINA World Championships in Shanghai
  • Annual Torch Festival celebrated in Sichuan, SW China
  • Death toll in Malawi riots rises to 6
Hot Forum Discussion