Finland’s Foreign Minister Says Country Should Have Never Joined The Euro…”nation states will be forced to take matters into theur own hands.”
by Tyler Durden
ZeroHedge.com
12/22/2015
Back in August, we brought you “One Country’s Grim Assessment Of Greece’s Future” in which we highlighted comments from Finnish Foreign Minister Timo Soini.
“Truth is the strongest force. We should admit that this isn’t going to work,” Soini said, criticizing Brussels’ decision to back a third bailout program for Athens after a summer of fraught negotiations. “I hope that the EU and euro zone, that in due course, we can face the facts and say enough is enough and that we must do something else,” he continued.
Well as it turns out, Soini thinks Finland “must do something else” when it comes to its participation in the single currency. Echoing sentiments espoused by Center Party politician Paavo Vayrynen – a former foreign minister who has pushed for Finland to exit the euro – Soini bemoans the fact that his country can’t resort to currency devaluation to boost competitiveness.
“Debate on the subject will gather steam,” Soini said in Helsinki on Tuesday, before noting that unfortunately, a referendum on a euro exit “wouldn’t provide [short-term] solutions [because] the fact is that Finland is a member of the euro area.”
The Rest…HERE
