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Finland to deliberate outcome of eurozone summit: PM

Xinhua, July 13, 2015 Adjust font size:

Finnish Prime Minister Juha Sipila said Monday morning in Brussels that Finland would deliberate the suggestion to Greece that came out of the marathon eurozone summit Sunday regarding the financially-troubled country, Finland's national broadcaster Yle reported.

Sipila was not willing to give his own assessment as to whether the result of the all-night talks in Brussels were sufficient. "It is a step in the right direction," he said.

A press release by the Finnish government noted that each eurozone country would separately consider whether talks would begin with Greece under the European Stability Mechanism (ESM), if Greece fulfils the conditions set and does so within the schedule given.

"We need a new mandate," Sipila said, referring to the Finnish practice that the parliamentary Grand Committee gives authorizations to government negotiators in European Union matters.

Talking to media, Sipila defended the Finnish position which was stricter than that of Germany. Sipila said it was not right that the "same countries must always do the dirty work".

Asked whether the outcome put Grece into too difficult a situation, Sipila said "Greece would get 82 to 86 billion euro (91 to 95 billion U.S. dollars) as credit, and that is not a humiliation".

Eurozone leaders finally reached a bailout agreement with Greece on Monday morning after 17 hours of discussions. Endit