Finland’s Stubb upbeat about Greece financing
Finnish Finance Minister Alexander Stubb is hopeful a way will be found to help Greece manage upcoming debt repayments to avoid a default.
Stubb, who has been one of Greece's most outspoken critics, says there are up to six ways to get Athens this so-called bridge financing.
He concedes it's going to be difficult for eurozone members to offer cash without any conditions attached. But he adds: "never underestimate the capacity of European lawyers and economists to come up with a solution."
Stubb says it's probably "impossible to back down at this stage" and that it's possible Greece may get bilateral loans. He also says creditors could extend the dates by which Greece has to pay its debts to when the country gets the bailout loans from a new rescue package.
[AP]
