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Greece's Finance Minister said the issues addressed in the debt-choked country's new bailout deal concern the eurozone as a whole, not only Greece, and the right package hinges on the bloc's political will.
In a letter to Eurogroup President Jean-Claude Juncker and his eurozone peers on Sunday, Finance Minister Evangelos Venizelos also repeated his previous call the steps decided in the July 21 summit to be implemented swiftly.
The letter, also addressed to EU Monetary Affairs Commissioner Olli Rehn and the ECB's head Jean-Claude Trichet, comes after Greece agreed to put up collateral for Finland's share of loans in the bailout package, and three eurozone countries said they deserved similar treatment.
"Greece has shown the greatest possible will and flexibility in order for the July 21 decisions to be immediately and fully implemented," Venizelos said.
"It is easy to find technical solutions, taken that the credibility and effectiveness of the programme are not affected. But this is clearly a political issue and this is how it should be dealt with for clear and positive messages to be sent to international markets and to European societies."
The European Commission said on Friday that eurozone member states will have to decide if the Greek-Finnish deal is in line with the agreement on the bailout.

Copyright Reuters, 2011

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