Detail Northern Gripes; Finland and the Euro Crisis   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 404 no. 8799 (Aug. 2012), page 56-57. Topik: Eurozone; Economic Crisis Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.73 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel In the historic heart of Helsinki, leviathan cruise ships can be glimpsed across the harbour ready for their next trip. Just two hours across the Gulf of Finland is Tallinn in Estonia. Continue due south and a weary traveller will eventually reach Athens. If Greece is the awkward customer among southern Europe's debtor nations, Finland is the stroppy partner among northern creditor nations. It has insisted on special terms on its contributions to euro-zone bail-outs since mid-2011 by getting collateral on its lending. Government ministers eschew high-flown rhetoric about European unity: the foreign minister recently caused a kerfuffle by saying that Finland has contingency plans for a break-up of the euro. The recovery has been sustained by strong consumer spending, supported by a sturdy housing market. The financial system is in decent shape. Finland's public finances are healthy, too, certainly compared with those elsewhere in the euro area. But from another perspective, Finland's performance looks disappointing. An alternative destination from Helsinki on one of those monster cruise ships is due west to Stockholm. Unlike Finland, Sweden chose not to join the euro. Until the crisis, that made little difference. Both countries did well; if anything Finland's performance was stronger. But over the past five years their fortunes have diverged to the detriment of Finland. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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