Sep 23, 2011

EUobserver.com / News In Brief / Finland proposed to keep Greek assets in Luxembourg

EUobserver.com / News In Brief / Finland proposed to keep Greek assets in Luxembourg
Finland in June proposed that Greek government shares in ports and the national phone company should be held by a company in Luxembourg as collateral in case it defaults on its second bailout, Reuters reports citing a eFinnish document. The shares were to pass to lenders if Greece goes bust.