Finland going Bankrupt?

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kalmisto
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Re: Finland going Bankrupt?

Post by kalmisto » Tue Jul 31, 2012 1:47 pm

Finland is now the last eurozone country to hold a triple -A credit rating. So, why are things so rosy in the Scandinavian state ?
http://www.independent.co.uk/news/world ... 85014.html



Re: Finland going Bankrupt?

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Pursuivant
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Re: Finland going Bankrupt?

Post by Pursuivant » Tue Jul 31, 2012 3:46 pm

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Karhunkoski
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Re: Finland going Bankrupt?

Post by Karhunkoski » Tue Jul 31, 2012 7:10 pm

kalmisto wrote:Finland is now the last eurozone country to hold a triple -A credit rating.
You sure about that? :?
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Re: Finland going Bankrupt?

Post by Upphew » Tue Jul 31, 2012 9:01 pm

Karhunkoski wrote:
kalmisto wrote:Finland is now the last eurozone country to hold a triple -A credit rating.
You sure about that? :?
Germany, Netherlands and Lichtenstein have triple A too, but their rating is likely to go down.
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enkeligod
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Re: Finland going Bankrupt?

Post by enkeligod » Wed Aug 01, 2012 12:02 am

Not to forget Greede, Spain and Italy are also having triple A ratings from their lenders :beamer:

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Oombongo
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Re: Finland going Bankrupt?

Post by Oombongo » Wed Aug 01, 2012 9:05 am

Would we be in this mess if we have had our own currencies like old times?
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Rip
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Re: Finland going Bankrupt?

Post by Rip » Wed Aug 01, 2012 9:43 am

Oombongo wrote:Would we be in this mess if we have had our own currencies like old times?
No. Maybe some other mess, but not this one, and hardly this bad or wide one.

kalmisto
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Re: Finland going Bankrupt?

Post by kalmisto » Wed Aug 01, 2012 1:12 pm

Karhunkoski wrote:
kalmisto wrote:Finland is now the last eurozone country to hold a triple -A credit rating.
You sure about that? :?
I was just quoting the headline in The Independent.

And it is here in The Guardian also : http://www.guardian.co.uk/world/shortcu ... e-triple-a

and the New Statesman :
http://www.newstatesman.com/economics/e ... ades-euro-

Tiwaz
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Re: Finland going Bankrupt?

Post by Tiwaz » Wed Aug 01, 2012 3:35 pm

Look up more carefully. The Guardian "triple A STABLE".
There are other AAA-countries in the eurozone, but they are now carrying burden of having their outlook turned to negative, meaning Moody's considers it possible/likely that they fall from AAA somewhere in relatively near future.

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Re: Finland going Bankrupt?

Post by kalmisto » Thu Aug 02, 2012 5:47 pm

Tiwaz wrote:Look up more carefully. The Guardian "triple A STABLE".
There are other AAA-countries in the eurozone, but they are now carrying burden of having their outlook turned to negative, meaning Moody's considers it possible/likely that they fall from AAA somewhere in relatively near future.
Thanks for pointing that out !

The subheadline in the Independent article reads :
"Finland is now the last eurozone country to hold a triple-A credit rating: So why are things so rosy.....?"

http://www.independent.co.uk/news/world ... 85014.html

It should have read "the last eurozone country to hold a STEADY triple-A credit rating". I took also a look at the articles in the Guardian and the New Statesman but not closely enough.

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Karhunkoski
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Re: Finland going Bankrupt?

Post by Karhunkoski » Thu Aug 02, 2012 5:53 pm

kalmisto wrote: It should have read "the last eurozone country to hold a STEADY triple-A credit rating".
Exactly kalmisto :D

The author:
Holly Williams is an arts and features writer
probably doesn't understand what a treble A rating is anyway :D

http://www.independent.co.uk/biography/holly-williams
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kalmisto
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Re: Finland going Bankrupt?

Post by kalmisto » Sun Aug 05, 2012 1:05 pm

"Finland looks down across eurozone with mix of pride and anxiety" :

http://www.guardian.co.uk/business/2012 ... de-anxiety


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