Bureau Chief, Helsinki
Ritsuko's Feed
May 13, 2011

True Finns out of government but euroscepticism to stay

HELSINKI (Reuters) – Even with Finland finally agreeing to support Portugal’s bailout and the plan’s most ardent opponents –the True Finns– staying out of government, euroscepticism is likely to remain strong.

The True Finns party dropped out of government talks this week after refusing to help aid debt-burdened economies, a stance that catapulted it from obscurity to the No. 3 spot in parliament in April elections.

May 13, 2011

Analysis – True Finns out of gov’t but euroscepticism to stay

HELSINKI (Reuters) – Even with Finland finally agreeing to support Portugal’s bailout and the plan’s most ardent opponents –the True Finns– staying out of government, euroscepticism is likely to remain strong.

The True Finns party dropped out of government talks this week after refusing to help aid debt-burdened economies, a stance that catapulted it from obscurity to the No. 3 spot in parliament in April elections.

May 11, 2011

Finland to help bail out Portugal – PM-elect

HELSINKI, May 11 (Reuters) – Finland will help bail out
Portugal, its prime minister-in-waiting said on Wednesday after
securing an agreement with the Social Democratic party.

“The National Coalition Party and the Social Democratic
Party have agreed to favour participation in Portugal’s rescue,”
Jyrki Katainen, finance minister and leader of the National
Coalition, told reporters.

May 6, 2011

Euro c.bankers welcome oil drop, no policy shift signal

HELSINKI, May 6 (Reuters) – Euro zone central bankers
welcomed a plunge in oil and commodities prices on Friday,
saying it could cool inflation, but gave no sign they would
change their determination to tighten monetary policy this year.

“The fall in the price of oil and commodities is good to
take for all reasons, certainly for inflation, not only
immediately but with the danger of second-round (effects) in the
medium run,” European Central Bank President Jean-Claude Trichet
said.

May 6, 2011

Euro central banks welcome oil drop, no sign of policy shift

HELSINKI (Reuters) – Euro zone central bankers welcomed a plunge in oil and commodities prices on Friday, saying it could cool inflation, but gave no sign they would change their determination to tighten monetary policy this year.

“The fall in the price of oil and commodities is good to take for all reasons, certainly for inflation, not only immediately but with the danger of second-round (effects) in the medium run,” European Central Bank President Jean-Claude Trichet said.

May 6, 2011

Euro c.banks welcome oil drop, no sign of policy shift

HELSINKI, May 6 (Reuters) – Euro zone central bankers
welcomed a plunge in oil and commodities prices on Friday,
saying it could cool inflation, but gave no sign they would
change their determination to tighten monetary policy this year.

“The fall in the price of oil and commodities is good to
take for all reasons, certainly for inflation, not only
immediately but with the danger of second-round (effects) in the
medium run,” European Central Bank President Jean-Claude Trichet
said.

Apr 18, 2011

True Finns set for government, see EU bailout changes

HELSINKI (Reuters) – The True Finns, the anti-euro party voted into a powerful role in the Helsinki parliament at the weekend, expect the European Union to change plans for a bailout of Portugal, its leader said on Monday.

“Of course there will have to be changes,” Timo Soini told reporters a day after his party more than quadrupled its share of the vote to turn Finland’s traditionally pro-EU politics on their head by finishing a close third in the election.

Apr 18, 2011

True Finns set for govt, see EU bailout changes

HELSINKI, April 18 (Reuters) – The True Finns, the anti-euro
party voted into a powerful role in the Helsinki parliament at
the weekend, expect the European Union to change plans for a
bailout of Portugal, its leader said on Monday.

“Of course there will have to be changes,” Timo Soini told
reporters a day after his party more than quadrupled its share
of the vote to turn Finland’s traditionally pro-EU politics on
their head by finishing a close third in the election.

Apr 17, 2011

Finns to vote, populist party threatens EU bailout

HELSINKI, April 17 (Reuters) – The anti-euro True Finns
party is expected to reel off big gains in Finland’s general
election on Sunday, threatening pro-European government and
raising the risk of disruptions to an EU bailout of Portugal.

Finland, unlike others in the euro zone, can put requests
for bailout funds to a majority vote in parliament, meaning that
the election outcome is likely to affect European Union plans to
shore up Portugal and stability in debt markets.

Apr 15, 2011

New Finn govt will back Portugal aid -leading party

HELSINKI, April 15 (Reuters) – Finland’s National Coalition,
the party tipped to win Sunday’s election, said it was sure the
next government would support an EU bailout plan for Portugal
although a popular opposition party remained against it.

Finland, unlike others in the euro zone, retains the right
to put requests for funds to a majority vote in parliament.