Relationship dossier
Finland
Greece
Relationship assessment
EU financial cooperation amid a dispute over Finnish collateral for Greek bailout assistance
Finland toward Greece
+5Finland participated in European Union financial assistance for Greece during the sovereign-debt crisis, while its government sought collateral as a condition of Finnish participation. The two governments reached a collateral arrangement in 2011.
Greece toward Finland
+5Greece agreed to a collateral arrangement with Finland in 2011 to secure Finnish participation in European Union financial assistance during the sovereign-debt crisis.
Overall relationship
+10The relationship has been shaped by shared European Union cooperation and Finland’s participation in financial assistance for Greece, alongside a specific dispute over collateral. The 2011 arrangement resolved that issue, but the scope of wider direct bilateral cooperation is unclear.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Finland and Greece have cooperated within European Union financial assistance during Greece’s sovereign-debt crisis. Finland’s insistence on collateral for its participation in a Greek bailout produced a bilateral dispute, resolved through a collateral arrangement in 2011. These crisis-era dealings indicate practical cooperation alongside friction; the breadth of other direct bilateral initiatives is less clear.
Areas of tension
- Dispute over collateral sought by Finland in connection with Finnish participation in Greek bailout assistance
Key developments
Finland and Greece reached a collateral arrangement connected to Finland’s participation in financial assistance for Greece.
Major uncertainties
- The scope of direct bilateral cooperation outside European Union financial assistance is unclear.
- The implementation and lasting significance of the 2011 collateral arrangement are uncertain.