Bloomberg News

Katainen Says Collateral Model Is ‘Workable’ for Future Also

October 04, 2011

Oct. 4 (Bloomberg) -- Finnish Prime Minister Jyrki Katainen said the collateral model agreed on yesterday is “workable” for use in potential future bailouts.

Collateral use may have country-specific differences depending on which country may request bailout help, he told reporters in Helsinki today. Finland has insisted on collateral in exchange for any future bailouts.

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net


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