Mon, 27 May, 2013 12:04:40 AM FTimes-STT Report, May 27
 The Ministry of Finance has published the Finland-Greece secret collateral deal on May 14 following court order. Photo - Lehtkuva. Finance Minister Jutta Urpilainen on Sunday admitted that some documents related to the secret deal in which Finland guaranteed Greece of providing a bailout loan two years ago had remained unpublished.
Earlier on May 14, the finance ministry released the secret deal on a Supreme Administrative Court directive asking the government to make the agreement public.
But the finance minister told the MTV3 News on Sunday that some significant documents concerning the collateral deal with Greece had remained unpublished.
Urpilainen, however, termed the unpublished documents supporting letters of the deal.
Minister of Finance Jutta Urpilainen. Photo - Lehtkuva. ‘These [documents] show the exact amount of the collateral. The amount is EUR 925 million,’ Secretary of State Martti Hetemäki told the MTV3 News claiming that the supporting letters had not been published inadvertently.
The court on May 14 observed that the deal required a broader public disclosure to meet the norms of public interest.
After the court verdict, Finance Minister Urpilainen said the surety disclosure of Greece would not put any impact on Finland.
She said the decision of the Finnish administrative court had already ben relayed to the Greek government.
Urpilainen also said she had no objection to disclose the secret deal and it would not put any impact internationally as it was well known to everybody that the EU law and national law are different.
Finland asked guarantee from Greece when the EU member states negotiated for a loan package for Greece two years back during its financial crisis.
The Greek government met the requirement but told the Finnish government to keep the deal secret.
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