Finnish bankers forecast that the outgoing markka will be overtaken by euro as the most used currency by the beginning of next week. |
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More than 10 percent of Finland's exports are shipped by air and the stoppage would mean additional losses to Finnish industry of around 70 million markka per day. |
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Finland granted its own currency, the markka, within the Russian Empire. |
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Which country had the markka as its currency unit until it adopted the euro? |
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Imports into Finland rose along with exports after the depreciation of the markka. |
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Pasi Lindgren, a power plant worker who paid in euros at a Helsinki grocery, says he won't miss Finland's old money, the markka. |
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But they haven't gone so far as to demand a return to the markka, the currency that was legal tender until 2002, when all payments switched to euros. |
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Reflecting views prevalent within the Bank of Finland, the commission proposed that floating the markka should be considered as an alternative to EMU membership. |
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After the revaluation of the markka in 1989, statistics showed that in terms Of GDP per capita, Finland was among the leading countries in the world. |
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