Finnish finance minister Jutta Urpilainen expressed her concern on Sunday over Greece, the troubled euro state which has repeatedly failed to meet the fiscal targets set out by its international lenders.
“Greece’s situation causes uncertainty, it is like cancer. As long as its own situation is uncertain, it will spread uncertainty” Urpilainen said in a seminar speech for entrepreneurs, according to the statement from the Federation of Finnish Enterprises.
“…Greece all the time falls behind the programs and targets we have agreed upon together. Currently, it seems it cannot reach the goal of 120 percent (debt-to-GDP by 2020)” she was quoted as saying.
Urpilainen also noted the Eurozone finance ministers were scheduled to have a conference call Monday to approve a deal by Greece and private creditors, but they had to cancel the meeting.
(Source: Reuters Helsinki)
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