May 10, 2011

Why Finland Opposes the Euro Bailouts

Timo Soini, Wall Street Journal

AP Photo

Our political leaders borrow ever more money to pay off the banks, which return the favor by lending ever more money back to our governments.

Read Full Article ››

TAGGED: Spain, Greece, Ireland, Portugal, Eurozone, Timo Soini, Finland

RECOMMENDED ARTICLES

May 11, 2012
The Coming Arms Race for Oil in the Arctic
Bob Reiss, Fortune
The race for oil in the Arctic is on. As the polar ice cap retreats, energy companies are looking north for a potentially huge new source of crude supply. In April, Exxon Mobil (XOM) and Russian oil giant Rosneft announced a... more ››
May 12, 2012
EU's Bigger Deficit Is Democratic
Patrick Smyth, Irish Times
WE ARE in the process – painfully, haltingly – of addressing the central deficiency in Europe’s single currency. The vote on the fiscal treaty represents Ireland’s part in a joint effort to give the euro... more ››
May 15, 2012
Who's Your Daddy? Germany, Apparently
Fintan O'Toole, Irish Times
"One way of putting the referendum that I like is that Brussels and Germany are the mother and father of the EU and the rest of the countries are kids. And some kids spend the money wisely but some, like Ireland, spend it on... more ››
May 18, 2012
Are Germans Destined to Save the Euro?
Jeremy Warner, Daily Telegraph
To make it work, the euro will have to become a very different kind of monetary union. Whatever the historic mission, it's not clear that Germans are yet ready - politically, culturally, constitutionally or economically... more ››
May 18, 2012
Apocalypse Fairly Soon in Europe
Paul Krugman, New York Times
For the past two-and-a-half years, European leaders have responded to crisis with half-measures that buy time, yet they have made no use of that time. Now time has run out. more ››