The deal for a secured loan for Finland in return for its contribution to the Greek bail-out is invalid, finance minister Jan Kees de Jager told parliament on Monday afternoon in a memorandum.

Since the deal was announced last Thursday several other eurozone countries, including the Netherlands, said they too wanted their loans secured.
Prime minister Mark Rutte said on Friday he did not think secured deals were necessary but if the Fins had a deal, he wanted one too.
De Jager said in his memorandum the Finnish-Greek deal is a bi-lateral agreement and will only be valid if all the Euro countries and the IMF agree.
The finance minister also said the cabinet will in future report confidential information on the Greek bail-out to parliament on a weekly basis. In this way, he hopes to avoid the sort of confusion that arose in last week’s debate on the subject and after Thursday’s announcement.