Sunday, April 17, 2011

Finns Become Eurosceptics

Finland just finished a national election in which one of their several parties, the True Finns, was the strongest gainer. You can find the Associated Press story here on the website of the San Francisco Chronicle.

The euro zone is shakier than its advocates would like you to believe. The True Finns are known for opposing bailout funds for the Greeks and Portuguese; the party increased its representation in the 200 seat parliament from six seats to thirty-nine.

Finland joined the European Union in 1995, and the euro common currency zone when it began in 1999, perhaps seeking a counterweight to their huge, and sometimes belligerent neighbor, Russia. They have not, however, joined NATO as have several of their neighbors with concerns about Russian interference.