Finland going Bankrupt?
Re: Finland going Bankrupt?
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
http://www.independent.co.uk/news/world ... 85014.html
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Re: Finland going Bankrupt?
You sure about that?kalmisto wrote:Finland is now the last eurozone country to hold a triple -A credit rating.

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Re: Finland going Bankrupt?
Germany, Netherlands and Lichtenstein have triple A too, but their rating is likely to go down.Karhunkoski wrote:You sure about that?kalmisto wrote:Finland is now the last eurozone country to hold a triple -A credit rating.
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Re: Finland going Bankrupt?
Not to forget Greede, Spain and Italy are also having triple A ratings from their lenders 

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


Re: Finland going Bankrupt?
No. Maybe some other mess, but not this one, and hardly this bad or wide one.Oombongo wrote:Would we be in this mess if we have had our own currencies like old times?
Re: Finland going Bankrupt?
I was just quoting the headline in The Independent.Karhunkoski wrote:You sure about that?kalmisto wrote:Finland is now the last eurozone country to hold a triple -A credit rating.
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-
Re: Finland going Bankrupt?
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.
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.
Re: Finland going Bankrupt?
Thanks for pointing that out !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.
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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Re: Finland going Bankrupt?
Exactly kalmistokalmisto wrote: It should have read "the last eurozone country to hold a STEADY triple-A credit rating".

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

http://www.independent.co.uk/biography/holly-williams
Political correctness is the belief that it's possible to pick up a turd by the clean end.
Re: Finland going Bankrupt?
"Finland looks down across eurozone with mix of pride and anxiety" :
http://www.guardian.co.uk/business/2012 ... de-anxiety
http://www.guardian.co.uk/business/2012 ... de-anxiety