Tuesday, September 6, 2011

Van Rompuy confident about reaching Greek bailout collateral deal

President of the European Council, Herman van Rompuy, met with Finnish Primer Minister Jyrki Katainen during his visit to Finland on Monday in order to find a solution over Finland's demand of a collateral for its contribution to a second Greek bailout.

Speaking after talks with Finnish leaders, Van Rompuy reaffirmed the euro zone's commitment to resolving this matter and his confidence in reaching an agreement with all the members soon. "Finland has specific sensitivities, but we have the common duty to find solutions for all the problems raised by the 17 member states", he stated. Likewise, Primer Minister Katainen agreed on the need of finding a solution "suitable for Finland and the other creditors".

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