Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
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Will Finland oppose EU bailout of Portugal?

This seems not totally unrealistic since, unlike other euro zone countries, Finland requires approval from parliament before taking part in EU bailouts. And without unanimous approval from EU member states, there will be no bailout...

Timo Soini, the leader of the Finn Party of Finland who got 19% of the votes in recent April’s elections (coming in third place), explains why bailouts have to be opposed in this Wall Street Journal opinion paper.

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