Finland’s Stubb warns time running out for Greece
Greece and its international lenders are likely to agree on an aid-for-reforms deal, but time is running out, Finnish Finance Minister Alexander Stubb said in a German radio interview.
"I am an eternal optimist. I think in the end, there will be some sort of a solution (for Greece)," Stubb told Deutsche Welle in the interview that was conducted on Tuesday evening and aired on Wednesday morning.
"We are not throwing Greece out, we don't want a Grexit. But it's clear that everybody has to be prepared for all possible outcomes," Stubb added. "Time is simply running out."
He underlined that Finland had a similar stance to Germany. "If we talk about debt cuts, a restructuring of debt or something like that, then that's a 'no go' for the Finnish government," Stubb said. [Reuters]
