Finland reached a deal with Greece and Spain to get collateral in exchange for its share in any bailout packages. The deals are controversial, with critics worried that they may herald a quiet Finnish exit from the euro. In a SPIEGEL interview, Finance Minister Jutta Urpilainen, 36, defends the policy, saying her country wants to keep the euro intact.
SPIEGEL: Hundreds of billions of euros are being mobilized from solvent countries like Finland and Germany to save the euro. In spite of that the crisis is only growing. Can you imagine Finland leaving the euro?
Urpilainen: We want the euro to remain intact. However, every country must bear the principal responsibility for its own economy and its own debt. It was important to arrange the bailout packages. But our solidarity is limited.
www.spiegel.de/international/europe/finnish-finance-minister-defends-debt-agreements-with-spain-and-greece-a-846096.html
SPIEGEL: Hundreds of billions of euros are being mobilized from solvent countries like Finland and Germany to save the euro. In spite of that the crisis is only growing. Can you imagine Finland leaving the euro?
Urpilainen: We want the euro to remain intact. However, every country must bear the principal responsibility for its own economy and its own debt. It was important to arrange the bailout packages. But our solidarity is limited.
www.spiegel.de/international/europe/finnish-finance-minister-defends-debt-agreements-with-spain-and-greece-a-846096.html
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