Growing Risk of a “Fixit:” The Finnish Eurozone Dilemma
Growing Risk of a “Fixit:” The Finnish Eurozone Dilemma
Author(s): Patryk Toporowski
Subject(s): Economic policy, Government/Political systems, EU-Accession / EU-DEvelopment, Geopolitics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: eurozone; Finland; economy; Euro; Europe; European Union
Summary/Abstract: Greece is no longer the only country at risk of leaving the eurozone. A referendum on abandoning the common currency is likely to appear in the coming years in Finland, whose economy is mired in crisis. The euro is not the reason for the recession, however, the currency union’s framework lacks monetary policy tools. Even so, there is no guarantee that re-adopting its own currency would help Finland.
Series: PISM Bulletin
- Page Count: 2
- Publication Year: 2016
- Language: English
- Content File-PDF