Finland’s election outcome to heat up Grexit debate

Finland's parliamentary election on Sunday paved the way for a new government, opposition Centre party. Election result will harden Finnish stance over Greece, which even prior to election remained a staunch critique of lending money to Greece.

• However current election result shows that parliaments remain well divided and there will be lot of negotiation before centre party led by 53 year old IT millionaire Juha Sipila comes to power. Centrist Liberal-agrarian party won 49 seats in 200 member parliament.

Concern is whom might Sipila choose to form government at the center.

• Euro-sceptic right wing Finns party secured second position with 38 seats.

• Ruling conservative national coalition party won 37 seats, whereas social democrats won 34 seats.

Finland's critique of Euro and Greek bailout will move to higher ground should Juha Sipila choose Euro Sceptic Finns party as major coalition partner. According to latest communique Finns party is looking to join the government and secure two most crucial position at this stage, Finance and Foreign ministry.

• With Euro-sceptic Finns joining in the negotiation it would be ever more difficult to secure another bailout package for Greece, especially without harsh austerities. Finns are in favor of letting Greece go out of Euro zone.

Debates over Greece to heat up, should the finance ministers fail to resolve the ongoing bailout crisis on 24^th meeting at Riga in Latvia.