Thursday 30 March 2017

EU faces growing calls from within to stop the bailouts

Protesters outside Portugal's finance ministry in Lisbon yesterday with a banner that reads
Protesters outside Portugal's finance ministry in Lisbon yesterday with a banner that reads "Don't be robbed"

Paul Taylor in Paris

Rising political populism around Europe, driven by public anger over the impact of the financial crisis, threatens to make solving the eurozone's debt woes increasingly difficult.

It also heralds a new clampdown on immigrants and asylum seekers as Europe's ageing societies seek to protect their jobs, welfare benefits and living standards amid spending cuts.

The stunning surge of the True Finns party from obscurity to become the third force neck-and-neck with the mainstream parties in last Sunday's election means Finland is bound to become a much more awkward member of the single currency area.

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