Quote:
Originally Posted by CaptainYooh
Debt/capita is also huge, much higher than Canadian ( here ). Social welfare quality is declining, according to what I've been told by a source I have no reason to doubt.
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That's external debt which is the total amount of debt owed by a country which includes citizens and corporations as well as the government to foreigners. According to the Bank of Finland most of that is owed by financial institutions which isn't too surprising for a small well run country in the eurozone.