Finland Would Rather Exit Euro Than Pay for Others.

[mubar]

Just have to note here that Finland is not quitting the euro. This whole buzz is (again) based on a misquote of Finance Minister Urpilainen, which is then exaggerated by reporters to produce articles like that one in WSJ. The paper has since then published some sort of correction to their original article, btw.

The media outside the Eurozone seems to like constructing stories of this type. Whenever there even might be some sort of indication that the euro crisis could escalate, big news are quickly made out of it, which then often scares the markets and leads to things like rising interest rates, thus actually escalating the crisis. In this situation, apparently any remark from a Finnish politician can be interpreted by reporters to mean that the euro has to be disintegrating immediately.

Considering how Finland has benefited of the common currency and how popular it is among the people here, leaving the euro just like that isn't probable at all. But, possibly our politicians should be more careful not to answer questions entirely truthfully, as in this case saying 'it's an imaginable possibility that euro won't last forever and Finland is also prepared for such scenario', to avoid purposefully wrong interpretations and the resulting market panics.