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4%  
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  • Fortified by euro, Finns take bailouts on the chin

    07/27/2012 7:03:14 AM PDT · by george76 · 2 replies
    Reuters ^ | July 27, 2012 | Ritsuko Ando
    After dutifully abiding by EU fiscal rules, Finland's tiny population remains surprisingly phlegmatic about bailing out less disciplined euro zone members, and is mostly clinging on to its faith in the single currency project. That faith has been tested as a succession of struggling nations make ever greater demands on the sounder economies in the currency bloc, but it is not yet at breaking point. "We had to sort out our own problems ourselves in the past. That's why people are asking, do we have to help others?" said Maija Siirala, a freelance dressmaker and alterations specialist. Finland, one of...