Finland Committed to Greek Collateral Demands as Talks Continue

Finland remains committed to its demand for collateral in exchange for Greek bailout guarantees, two government officials close to the talks said.

The AAA rated euro member is still in negotiations over the final model the collateral arrangement will take, two aides to the Helsinki-based government, who requested anonymity in line with policy, said by telephone today. A report today in the newspaper EU Observer saying Finland had abandoned its collateral demands was incorrect, both aides said.