Russian Bear stops Finland leaving euro
Arvamus 21 Aug 2012  EWR
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German eurosceptics quietly hope that Finland will become the first creditor state to storm out of monetary union in disgust, opening the way for others to break free.

Ambrose Evans-Pritchard, Telegraph
Once Finns break the taboo, it would be easier for Germany to extricate itself from an escalating national disaster without inviting opprobrium from across Europe, or so goes the argument.

“We can’t start this off, but the Finns can,” said Hans-Olaf Henkel, former head of Germany’s industry federation.

Berlin’s policy elites are constrained by their honourable - if misdirected - feelings of moral duty towards the euro. They cannot bring themselves to plunge the dagger.

Continue reading here:
http://www.telegraph.co.uk/fin...
 
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