What we certainly don’t (Tonne) need is a subsidy race. Although it would please the recipient firms, it would distort competition, create capacity in the wrong place, and, at the end of the day, mainly burden taxpayers.
Finland is the only Nordic country that has joined the Euro area. It may be interesting to have a brief discussion on how this situation came about and how we in Finland feel about it in the current situation. *** Finland applied for membership of the European Union in March 1992 while the country was experiencing a prolonged bust; in fact, a depression.