| Author (Corporate) | EurActiv |
|---|---|
| Series Title | EurActiv |
| Series Details | 14.4.11 |
| Publication Date | 14/04/2011 |
| Content Type | News |
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EurActiv reports on the future possibility on Finland to block the eurozone aid to Portugal. That move could throw into doubt the eurozone’s ability to ensure its own, according to a Finnish finance ministry official, quoted by EurActiv. This declaration comes right before the Finnish election on 18 April 2011 and Eurosceptic parties, which oppose bailing out Portugal or even increasing the effective size of the bailout fund, the European Financial Stability Facility (EFSF), are gaining support. Finland is the only eurozone country where EFSF bailout loans have to be approved by parliament. In others, it is the government that decides. |
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| Source Link | Link to Main Source http://www.euractiv.com/en/euro-finance/finland-may-block-portugal-bailout-official-warns-news-504070 |
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| Countries / Regions | Europe, Finland |
