Greek collateral issue to be resolved in weeks: Finnish PM

Finland is open to a new collateral model, PM Katainen but prefers the present model (a bilateral deal between Greece and Finland with no link to the private sector bond rollover) . The issue will be settled in a matter of weeks, the PM says.

Late last week, Austria proposed a collateral model which links bank rollovers with cash collateral.

EUR/USD is dead at 1.4385.