Monday 18 December 2017

Finnish result blow to European bailout plans

Finnish voters yesterday dealt a blow to Europe's plans to rescue debt-ridden economies, throwing out the pro-bailout government and giving a major boost to a eurosceptic nationalist party, writes Karl Ritter.

With 99pc of votes counted, the biggest vote-winner was the conservative National Coalition Party, part of the current center-right government and a strong advocate for European integration.

But with 43 seats it had only one more than the opposition Social Democrats, while the nationalist True Finns gained 33 seats, growing from six to 39.

The anti-immigration and staunchly eurosceptic True Finns oppose bailouts, while the Social Democrats have called for changes to how they are funded.

If the election result is confirmed, conservative leader Jyrki Katainen would have to form a coalition government with at least one of them.

Irish Independent

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