Friday, August 19, 2011

Dutch PM after Cabinet meeting threatens veto on Greek/Finnish deal

The Wall Street Journal, has this further bad news for the survival possibilities of the second Greek bailout as discussed in my earlier posting immediately beneath this. It reports:

If Finland receives collateral other euro-zone members should get it too, Rutte told reporters after a cabinet meeting, according to the FD.
Meanwhile, Finance Minister Jan Kees de Jager said the Greek-Finnish deal isn't set in stone and that other European governments would have to approve it.
"Finland doesn't have a deal with Greece yet. Finland doesn't have anything at this stage," De Jager was quoted as saying by local news agency ANP.



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