Finland Europe minister: no new Greece aid without reforms

Finland’s European affairs minister ruled out any new aid program for Greece without structural reforms, saying support for the debt-burdened country was always conditional.

“There will be no third (aid) package if it does not make structural reforms,» Minister for European Affairs and Foreign Trade Alexander Stubb told reporters on Monday.

Greece, in its fifth year of recession, is expected to ask for a two-year extension to a deadline for an austerity program set by its international lenders. [Reuters]