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Home NATIONALFinland not in position to urge Greece for economic reforms
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Thu, 11 Jun, 2015 01:36:02 AM
FTimes – STT Report, Jun 11
 
 
At his first EU summit, Sipilä said Greece fared better last year than Finland in terms of fiscal balance. Greece’s primary budgetary balance, after debts and expenses, ended last year in the black, while the corresponding figures in Finland dipped a couple of per cent into the red.
 
Greece’s previous government adjusted its public finances with a heavy hand, because of creditors’ requirements. Greece’s new government is trying to dissociate itself from additional cuts required by its creditors.
 
Finland's Prime minister Juha Sipila arrives for an EU-CELAC summit in Brussels on June 10, 2015 at the European Union headquarters in Brussels. Photo – AFP / Lehtikuva.
“We have put incredible pressure on Greece to make rapid changes according to our timetables. And yet there is a lot of opposition against change at home,” Sipilä said upon his arrival in Brussels. He believes a domestic awareness of the crisis is warranted.
 
Sipilä is participating in a two-day annual meeting with EU and Latin American countries. At the meeting, attention has been directed towards the Greek loan negotiations, which have stalled.
 
In the meeting Sipilä sat next to Greek Prime Minister Alexis Tsipras. 
 
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