Finland better off within Eurozone: Finnish PM

July 16th, 2012 - 2:54 pm ICT by IANS  

Helsinki, July 16 (IANS) Finland is better off with a stable euro currency and the country remaining in the now 17-member single currency Eurozone, said Finnish Prime Minister Jyrki Katainen.

The collapse of the euro or Finland’s withdrawl from the Eurozone would in the end lead to significant cuts in Finland’s social and welfare budget and to higher taxes, Savon Sanomat newspaper quoted Katainen as saying Sunday.

He said he hoped the Finns would not have to experience the consequences of either a break-up of the euro or Finland leaving the Eurozone, Xinhua reported.

According to Finnish Broadcasting Company, Finnish President Sauli Niinisto also said Saturday that he did not believe Finland would leave the common euro currency.

Asked to comment on a poll last week which suggested that a majority of Finns had been increasingly critical of the eurozone in its present form, Niinisto said: “It is quite understandable that the situation causes concern. But I don’t believe that Finns just want to leave the euro.”

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