April 17, 2011

THERE IS NO EUROPE:

True Finns Cast Finland Support for EU Bailouts Into Doubt (Arild Moen, 4/17/11, Dow Jones)

National Coalition Party Finance Minister Jyrki Katainen was declared the winner late Sunday, after a finely balanced election which saw the euro-skeptic True Finns emerge as Finland's third largest party.

The True Finns--who are against bailouts for deeply indebted euro-zone countries--won 19% of the vote, adding to the probability that the party could be part of Finland's new coalition government.

That is a dramatic increase from the 4.1% they received in the last election in 2007.

A new Finnish government opposing further bailouts could, in theory, prevent the EU from granting new rescue loans, since they have to be agreed unanimously by all members of the single currency.


The Portugese aren't true Finns.


Posted by at April 17, 2011 7:27 PM
  

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