Showing posts with label Timo Soini. Show all posts
Showing posts with label Timo Soini. Show all posts

18 April 2011

EUROZONE/ FINLAND : Future Bailouts Endangered As Euroskeptic True Finns Win.

BBC/

   As some predicted, the nationalist True Finns party won 19% of the vote in Sunday's general election...finishing just behind the conservative NCP and the Social Democrats.
    What it means is that the recent bailout of Portugal and future measures could be threatened since the True Finns and the conservative party oppose them.
   With an attractive 3A credit rating, the Finnish government carries substantial weight in all EU bailout measures...that need unanimous approval.
    A new euroskeptic government led by conservative Jyrki Katainen (pictured) as PM could veto Portugal's package and any future increases after 2013.
      "Finland has always been a responsible problem solver, not causing problems,"  said Katainen.
 "This is about a common European cause. After the elections, the biggest parties will begin to look for common ground."

    True Finn leader Timo Soini ( pictured above) claims: "We are not extremists, so you can sleep safely."

TO SEE: Euronews 1:07 English Video Report...with advert:
 http://www.youtube.com/watch?v=-lROo9oCg8Y&feature=player_embedded#at=33

13 April 2011

EUROZONE/ FINLAND: True Finns Party Victory Threatens Bail-outs.

WSJ/A. Moen

  WSJ: "The euro zone's attempts to reassure bond investors that it can fix its debt problems may be derailed Sunday when Finns go to the polls to elect a new government.
According to recent opinion polls, voter support for the nationalist True Finns Party has soared in recent months, partly in response to dissatisfaction with the fact that taxpayers in this most northern of the euro zone's 17 members have been asked to bail out Greece, Ireland and Portugal at the same time as welfare benefits are being cut at home."
     Why does it matter?
     A unanimous vote for all EU bail-outs is needed...and the True Finns party (led by Timo Soini pictured) vows to veto any increase in Finland's contribution to the temporary European Financial Stability Facility.

AND: THE GUARDIAN's Teija Tiilikainen on the eurosceptic True Finns:
http://www.guardian.co.uk/commentisfree/2011/apr/14/euro-finland-election-europe