Finland Preparing for ‘Currency Crisis’ and Collapse of Eurozone

Posted by Heartmind Economy Tuesday, August 21st, 2012

Ethan A. Huff
NaturalNews

In a shocking admission that shows just how serious the ongoing “Eurozone” crisis truly is, a Finnish official has come forward with information about how his country, which is among the strongest in the European Union (EU), plans to deal with a potential break-up of the euro. Erkki Tuomioja, Finland’s Foreign Minister, openly admits that his country is preparing for an eventual collapse of the Eurozone, and has contingency plans in place that may include reverting from the euro back to the country’s former currency.

Though Finland is relatively strong compared to many other EU member countries, it is weaker than its non-EU Scandinavian neighbors, which include Sweden, Norway, and Denmark. Each of these countries still has its own unique currency, and all of them are growing and thriving much faster than Finland, which is bound to a currency and economic union that is constantly being dragged down by Greece, Spain, and other economically-failing countries.

European socialist system failing as ‘poor’ countries continue to drag down ‘rich’ countries

Rather than continue down the road of having to continually prop up these failing countries’ perpetual debt problems, a situation that other strong EU countries like Germany are also facing, Finland appears poised to potentially depart from the Eurozone in order to stymie its own prospective debacle. Numerous Finnish leaders besides Tuomioja also seem confident that it is not a question of whether or not the Eurozone will eventually break up, but rather when this will occur.