Article E9T1 Could Finland stand in the way of Greece bailout deal?

Could Finland stand in the way of Greece bailout deal?

by
Ian Traynor in Brussels
from Economics | The Guardian on (#E9T1)

With anti-EU Finns party in coalition, Helsinki may deny its minister mandate to agree to deal - but ECB and European commission could still drive it through

Although Greece and its creditors have yet to begin even negotiating Athens' third bailout in five years - a three-year programme worth up to a86 bn - Finland already represents a problem as Helsinki may deny its pro-European finance minister, Alex Stubb, a mandate to agree to the deal.

Finland is very much on the side of the Germany-led fiscal hawks and is more of a problem than before because the nationalist anti-EU Finns party did well in elections in April and its leader, Timo Soini, is foreign minister.

Related: Greek debt crisis: IMF warns Greece needs deeper debt relief - live updates

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