Finland is rejecting a just-agreed deal on letting the eurozone's permanent bailout fund (ESM) buy government bonds on the open market, a change meant to lower Italy and Spain's borrowing costs.
Markets' post-summit euphoria was dealt a blow on Monday (2 July) after a senior Finnish official briefed journalists in Helsinki about the government's position.
"Finland finds it an inefficient way to stabilise markets," the source was quoted as saying by several news wires.
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