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Ligi: Estonia helps itself by helping Greece

  • 2012-11-28

TALLINN - Estonian Finance Minister Jurgen Ligi was laconic when commenting upon the agreement achieved in the EU on easing Greece's debts and said that Estonia helps itself by helping Greece, LETA/ reports.

"The starting point is that by granting loan aid, Estonia contributes to stabilizing of the European economy and of and cooperation, thus contributes to its own good, and isn’t involved in writing up damages," said Ligi. "In the current agreement, loans granted with our participation are also protected."

Ligi said that no one knows how competitive Greece would become due to the reforms. "But there are signs of it," he said. 

Riigikogu European Union affairs committee discusses the agreement of the EU finance ministers this Friday after getting an in depth overview from Ligi, the committee chairman Taavi Roivas said.