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PM Sipilä: New Greek result "step in right direction"

Prime Minister Juha Sipilä says that the newest proposal for a resolution in the long-standing fight to pull Greece out of a Eurozone exit is a step in the right direction. Finland, he says, will carefully assess whether or not this latest bid is stable enough for a more specific loan programme.

Juha Sipilä
PM Juha Sipilä, who says he doesn't want to push for solutions he doesn't believe in. Image: Yle

The Finnish Council of State says that the latest Greece summit came to terms on Monday over its bailout stance. The Council says that all the other Eurozone countries are considering whether to begin negotiations with Greece, if the country is able to meet all of its conditions on time in accordance with the European Stability Mechanism.

"Finland's line is resolute," Prime Minister Juha Sipilä says. "Greece's proposal from Thursday was not enough to form a basis for a third round of bailouts. Today's summit proposal is a step in the right direction, but Finland will have to consider whether it is enough."

Sipilä says that the situation requires a new, binding mandate but declined to evaluate the adequacy of the proposal. He defended his pro-Grexit policy to Finnish press, saying that it is wrong for the same countries to keep "doing the dirty work".

The biggest point of disagreement at the summit was privatisation. Responding to queries as to whether Greece has been bullied by the IMF and the rest of the Eurozone, he replied:

"Greece is getting an 82-86 billion euro loan. That is not humiliation."

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