Thursday, August 16, 2012

Finnish Foreign Minister Warns Of Euro Breakup

Finland is preparing for the break-up of the eurozone, the country’s foreign minister warned today.

The Nordic state is battening down the hatches for a full-blown currency crisis as tensions in the eurozone mount and has said it will not tolerate further bail-out creep or fiscal union by stealth.

“We have to face openly the possibility of a euro-break up,” said Erkki Tuomioja, the country’s veteran foreign minister and a member of the Social Democratic Party, one of six that make up the country’s coalition government.
Read the rest here.

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