Finland Would Rather Exit Euro Than Pay for Others |
Wall Street Journal - Jul 6, 2012 |
Finland would rather leave the euro zone than pay down the debt of other countries in the currency bloc, Finnish Finance Minister Jutta Urpilainen said in a newspaper interview Friday.
"Finland is committed to being a member of the euro zone, and we think that the euro is useful for Finland," Urpilainen told financial daily Kauppalehti, adding though that "Finland will not hang itself to the euro at any cost and we are prepared for all scenarios."
"Collective responsibility for other countries' debt, economics and risks; this is not what we should be prepared for," she added.
Urpilainen's spokesman Matti Hirvola stressed to AFP that the minister's comments did not mean Finland was planning to exit the euro zone.
"All claims that Finland would leave the euro are simply false," he said.
Read Full Article from Wall Street Journal
- Posted: 2012-07-06 13:27:52
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