Eurozone nearing Greek collateral compromise

Eurozone nearing Greek collateral compromise

Press quote (Reuters)
01 September 2011

Katinka Barysch of the Centre for European Reform in London said the Finnish attitude was harmful for Europe. "That is an attitude that if it materialised in Germany would be very dangerous," Barysch said. "The only good solution I can imagine is to get rid of this. If the Greeks were able to give collateral for all the bonds they issue or for the money we lend them, they wouldn't need us anyway."