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Finnish PM: Greeks have chosen a precarious path

Reacting to the results of the economic bailout referendum in Greece, Finland's Prime Minister Juha Sipilä has said that the Greek government must now tell the rest of the eurozone countries how it intends to solve the nation's problems.

Juha Sipilä
Juha Sipilä Image: Yle

In a statement released late Sunday night, Prime Minister Sipilä said that the Greeks have chosen "a precarious path for building their future".

"Because a majority voted 'no', the Greek government must now tell the other eurozone countries how it intends to stabilize the nation's situation and find solutions to its problems," said Sipilä.

According to the premier, the Greek government has great responsibility to return the country to the road of reforms. This, he stressed, is the only means of improving relations with its creditors.

"The responsibility lies with Greece and there is no time to waste," he said.

Continuing concerns

Meanwhile, Finnish Foreign Minister Timo Soini told Yle on Monday morning that while the Greek referendum was a good thing for democracy in Europe, the results arouse concern.

"The Greeks have to put their hands in their own pockets and not assume that things will work out by increasing the responsibility of others," stated Soini.

Soini - who is also leader of the eurosceptic Finns Party - added that if Greek demands are met, he believes that there will be other countries standing in line seeking similar treatment.

"Greece should follow the same path as Latvia and Estonia, which implemented tough austerity. Reforms could include flat taxation and pension reforms," Soini advised.

According to the foreign minister, in reality, Greece is insolvent at the moment, but he does not believe it will voluntarily exit from the euro.

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