Economics
Debt Fears Are Mounting for the Euro Zone's Only Nordic Member
- Finland’s Orpo warns repayment may be very difficult by 2020s
- Country’s population is aging at twice the average EU rate
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A nation that stood shoulder to shoulder with Germany during the European debt crisis in defense of austerity is growing increasingly worried about its own debt burden.
Finnish Finance Minister Petteri Orpo says his country must start paying down its record $125 billion in central government debt before the window of opportunity to get the situation under control disappears.