It also has a lot to do with the Spanish bloated bureaucracy and massive welfare entitlements, as well as their banks lending money to the banks of other EU member states with bloated bureaucracies and massive welfare entitlements, who in turn lent money to other EU member states with bloated bureaucracies and massive welfare entitlements.
Timo Soini: “This is like cooking a frog, doing it little by little, so that the frog doesn’t notice it’s being cooked.”
Soini: Not for Finns to pay for mistakes of Spanish banks
Finns Party leader Timo Soini has issued a demand for the Finnish Parliament to be convened to debate what he says are significant changes being made to the eurozone’s permanent rescue fund, the EFSF.
“It is not for the Finnish taxpayer to pay for the mistakes and actions of Spanish or Cypriot banks. It is totally morally indefensible,” said Soini.