Thursday, July 26, 2012

Will Finland be the first to leave the Euro?

"In her alliances, Finland regards herself as Scandinavian first and European second. The other Scandinavians are not in the currency union, and the richest state, Norway, is not even in the EU. Denmark manages its currency to maintain an approximate rate against the euro, so why cannot Finland do the same, without all the liabilities?
Increasingly, public opinion in Finland is that membership of the Eurozone is becoming an unjustifiable burden. The country lacks the historical imperative to pursue European integration and is far more likely to be the first to leave the Eurozone than other candidates frequently mentioned, particularly Germany."
--http://www.peakprosperity.com/blog/79275/growing-pressures-likely-blow-eurozone-apart

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