Finland targeted for EU/IMF austerity demands | WHAT REALLY HAPPENED

Finland targeted for EU/IMF austerity demands

Last month, Finland was issued with a warning by the European Union commission over the size of its budget deficit, which is expected to rise above 4 percent of GDP this year. Finland, Cyprus and Denmark were censured for breaching the limit for budget deficits of 3 percent of GDP which the EU stability pact imposes on member states.

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