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Greece is moving in good direction, Finland's Stubb says

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A rise in the number of banks giving up primary dealer roles in European government bond markets threatens to further reduce liquidity and eventually make it more expensive for some countries to borrow money.

[HELSINKI] Greece has made good progress on financial measures and reforms, Finland's finance minister Alexander Stubb said on Monday after meeting his Greek counterpart Euclides Tsakalotos.

"I'm glad to see the progress that has taken place (in Greece) in terms of financial stability, fiscal measures and in terms of structural reforms," Mr Stubb told reporters. "I think we're moving in a very good direction."


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