EU Euro Bailout Finland SDP

FINLAND THREATENS TO BOLT BAILOUT FUND OVER GERMAN-FRANCO POWER NEXUS ARM-TWIST……..

 

Flying pig moment, the Tundra Tabloids agrees with a socialist. Actually the situation is about one statist disagreeing with other statists on how much tyranny the other can exact at the expense of the other. They support tyranny in one form or another. KGS

Finland threatens to leave bailout fund over unanimity row

Finance Minister Jutta Urpilainen on Friday said Finland would leave the EU’s bailout fund if decisions on it are no longer made unanimously. She said Finland will drop out if a Franco-German push to take decisions on future bailouts by a supermajority goes ahead.

Urpilainen said the government’s decision on the matter was unanimous.

Finland has maintained that it cannot agree to transitioning from decision making by unanimous consent to a system where voting rights are based on holdings in the European Central Bank. The Franco-German proposal would allow countries holding 85 percent of the European Central Bank’s capital to push through decisions on the bailout fund.

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