Finland's Stubb says 'door for negotiations remains open'
Finnish Finance Minister Alexander Stubb also stressed that the finance ministers "are not looking at Grexit". He said the Eurogroup respected the result of Greece's referendum and that the door for negotiations remains open but the time until July 20 was short.
He stressed that any financial assistance to Greece will be accompanied by terms and conditionalities and ruled out any negotiation on Greece's debt, noting that this was done in 2012.
Pointing out that Finland is providing 2.5 pct of its GDP in loans to Greece, Stubb stressed that he was coming to the Eurogroup with clear instructions from his national parliament.
Finland's finance minister said he was waiting to hear Greece's positions and proposals, adding that he expected a change of stance from Greece, cooperation and a commitment to terms and conditions in order to move forward.
