Finland Times

Friday, 29 March, 2024
Home NATIONALFinland silent on Greece’s appeal for debt clemency
Print
« Previous News
Fri, 07 Jun, 2013 02:55:41 AM
Katainen-Samaras meet in Helsinki
FTimes-STT Report, June 7

The Prime ministers of Finland and Greece on Thursday believed that the existing financial crisis in Greece is being overcome gradually and the situation will improve further, if the issue is handled carefully in coming days.
The Prime Minister, Jyrki Katainen and his Greek counterpart Antonis Samaras at meeting in Helsinki discussed volatile economic situation in Greece and the visiting premier assured that despite various mistakes in the past, his country would not fail in debt issue.
Antonis Samaras (right) and Jyrki Katainen waving hand while having coffee at the terrace of Mattolaituri restaurant in Helsinki. Photo Lehtikuva
Although Samaras focused on restructuring of the financial arrangement concerning the debt forgiveness, Katainen said that the issue is yet to be tabled and it is difficult to speculate anything at this moment.
He also said that the Euro group has decided to discuss the issue later.
The Finland Prime Minister, however, appreciated Greece’s moves to overcome the financial crisis.
There has been widespread speculation in the media and international community that the Greek debt would be forgiven sooner or later.
“The Finnish people should realise the difficulties what the Greek people are facing under the circumstance,” Katainen said at a joint press conference after the meeting held at his official residence. The Greek government has done a lot and this has resulted in positive signs, he added.
The Prime Ministers in front of residence of Katainen. Photo Lehtikuva
‘Greece will overcome the present crisis but still we have to do a lot for that,’ said Samaras
The visiting prime minister said that they had to correct many mistakes within a very short period during the last few years.
Pointing out the success in implementing some prescribed measures, he said that his government was trying to rebuild competitiveness and approaching to the right direction.
While the journalists asked for Katainen’s reaction on the International Monetary Fund report regarding Greece issue published by Wall Street Journal, the Finland Minister did not make any comment right on the moment.
He said that he should go through the report of the IMF and everyone can know about what was told in the report.
The International Monetary Fund has admitted to major missteps over the past three years in its handling of the bailout of Greece, the first spark in a debt crisis that spread across Europe, reported wall street journal.
In an internal document marked "strictly confidential," the IMF said it badly underestimated the damage that its prescriptions of austerity would do to Greece's economy, which has been mired in recession for the last six years, said the report.
 

« Previous News
comments powered by Disqus
More News

 
   
Copyright © 2024 All rights reserved
Developed By -