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The Finnish Parliament's audit committee is debating whether to already write off direct loans to Greece. These loans total some 890 million euros.
On Tuesday, the committee heard from Tuomas Pöysti of the National Audit Office, who told MPs that it is highly unlikely that Finland will ever be paid back in full.
The audit committee will continue mulling the Greek debt issue on Wednesday.
Debate on EU temporary stability fundParliamentarians meanwhile debated on Tuesday whether enhancing the EU's temporary bailout fund (European Financial Stability Facility EFSF) was in Finland's best interests. The debate came just one day before lawmakers are expected to approve the move.
Eurozone leaders agreed at a summit in July to increase the EFSF's effective lending capacity to 440 billion euros.
"If Finland doesn't approve the measure tomorrow, it will be a signal that political will does not exist to solve the debt crisis— that will be the message from Finland to the world," conservative National Coalition parliamentarian Kimmo Sasi said during the debate.
The approval of the changes to the fund is almost a foregone conclusion, since Prime Minister Jyrki Katainen's National Coalition Party heads a majority government that has already pledged to push through approval.
Legislators are largely expected to vote in favour of increasing Finland's guarantees to the fund and give it a broader mandate.
YLE, AFP