Scandinavia

Linking an economy more closely to the European Community can be an expensive proposition. That's what Finland, Norway, and Sweden are finding out. They are staggering under crippling double-digit interest rates and tough budget cuts as their governments try to lower inflation rates to make the ec tie-up easier. At the same time, their weak currencies are being sideswiped by European financial markets skittish about the upcoming French vote on the Maastricht Treaty.

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