Finland

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Finns Loath To Approve Greek Bailout Changes

The Finnish parliament would find it all but impossible to approve any changes to the latest Greek bailout, according to senior politicians in Helsinki, the Financial Times reported. Leading figures in the two main parties in the six-party coalition ...

Daily Headline - global.abi.org - 09/09/2012 - 21:18 - 0 comments

Finland Still Affecting Eurozone Stance On Debt

The surge in anti-European sentiment before the election in Finland last year may have quietened down, but promises to limit the country's exposure to weaker economies are continuing to have a big impact on how the eurozone tackles its sovereign deb ...

Daily Headline - global.abi.org - 07/12/2012 - 18:07 - 0 comments

Finns, Dutch Cast First Doubt On Euro Zone Deal

Finland and the Netherlands, the euro zone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency bloc's debt crisis, Reuters reported. The ...

Daily Headline - global.abi.org - 07/02/2012 - 20:50 - 0 comments

Debt Crisis Hits Finland's Growth

AAA rated nation's economy. The Finance Ministry and the central bank both forecast 0.4 per cent ...

Daily Headline - global.abi.org - 01/24/2012 - 21:43 - 0 comments

Finland's Elcoteq Files For Bankruptcy

Once an example of Finland's success in technology innovation, electronics manufacturer Elcoteq filed for bankruptcy on Thursday after failing to reverse a fall in sales and restructure its debt, Reuters reported. The assembler of cellphones and set ...

Daily Headline - global.abi.org - 10/06/2011 - 21:54 - 0 comments

Elcoteq's Subsidiary Files For Bankruptcy

Elcoteq, the Finnish electronics manufacturer under insolvency proceedings, said on Tuesday it filed another subsidiary for bankruptcy, Reuters reported. The group that assembles cellphones and set-top boxes said Elcoteq Network S.A., which handled its m ...

Daily Headline - global.abi.org - 09/20/2011 - 21:34 - 0 comments

Finland Searches for Collateral Compromise as IMF Becomes Latest Detractor

Finland is stepping up efforts to find a compromise with Europe on its collateral demands amid International Monetary Fund opposition to forcing Greece to give euro members extra security for new loans, Bloomberg reported. “We will seek a solution togeth ...

Daily Headline - global.abi.org - 09/05/2011 - 21:27 - 0 comments

Rescue Fund Hits Snags In Germany and Finland

German Chancellor Angela Merkel is weighing whether to yield to a demand by some lawmakers for a bigger voice in future debt bailouts as a condition to win her party's approval for a stronger euro-zone rescue fund, as a parliamentary vote on the iss ...

Daily Headline - global.abi.org - 08/30/2011 - 21:34 - 0 comments

A Small Country — Finland — Casts Doubt on Aid for Greece

France and Germany may effectively run the European Union, but Finland has been demonstrating how even a small country can disrupt their grand designs, the International Herald Tribune reported. By insisting that it receive collateral from Greece in ...

Daily Headline - global.abi.org - 08/28/2011 - 21:42 - 0 comments

Finland-Greece Debt Deal Needs Eurozone OK: Germany

Germany said on Monday that a deal Finland struck with debt-wracked Greece for Athens to provide collateral in exchange for loan guarantees required the consent of all 17 eurozone members, Agence France-Presse reported. The agreement "must be approv ...

Daily Headline - global.abi.org - 08/22/2011 - 22:08 - 0 comments

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