Prime Minister Jyrki Katainen says the euro and Finland remaining within the common currency zone is the only viable alternative for the country. His comment came in an article published in Sunday’s edition of the newspaper Savon Sanomat. In response, Finns Party chair Timo Soini said fear over the possible collapse of the eurozone was unfounded.
Katainen wrote he hoped Finns would not have to experience the consequences of either a break-up of the euro or leaving the currency.
If the euro were to disintegrate, Katainen said, it would lead to significant cuts in Finland’s social and welfare budget and to higher taxes.