Finland to discuss whether to leave the Euro currency

First there was Greece (Grexit), who looked long and hard at leaving the Eurozone during last year’s financial crisis.  And that discontent is being followed up now in Britain (Brexit), who is expected to propose a referendum to have a vote on whether to stay or leave the union sometime in 2017.

And with Mario Draghi and the European Central Bank (ECB) taking interest rates down to zero on Thursday, and in some parts of the lending facility below that into negative territory, one Northern European member is taking a long look at whether to leave the Euro currency following a public petition that has now moved the idea into their legislature to debate on the issue.

The parliament in Finland will debate in the coming weeks whether the country should withdraw from the European single currency, according to an official cited by Reuters.

The debate follows a citizen petition signed by more than the required 50,000 Finns. A date for the debate in parliament has not been set.

The debate will unlikely lead to Finland exiting the eurozone, the agency said, but the number of signatures shows strong public disapproval of the country’s economic performance. - Russia Today