Now the wind blows

Finnish Foreign Minister Erkki Tuomioja at the preliminary
 Presidency press conference of the Euro-Mediterranean.
photo: Prime Minister´s Office.

Foreign Minister Erkki Tuomioja was wrote in his blog, that Finland should not sign the proposed Treaty on Stability, Coordination and Governance in the EMU, the third draft of the EU's fiscal compact.
This comment is one of the latest sign of differences of opinion over European fiscal policy between the government's two main parties, the SDP and the conservative National Coalition.
According to Financial Times Mr Tuomioja´s playing to a developing anti-EU theme, wrote in his blog that “the whole compact is at best unnecessary and at worst harmful, and Finland has reason to oppose the whole treaty and at least remain outside it”.

FT add: True Finns were excluded from government after weeks of negotiations by a six-party pro-EU coalition but this administration has faced domestic pressure to take a hard line on Europe. Opinion polls show that the True Finns are still well supported in many areas.

But Eki also told the Financial Times that there was a good chance that the fiscal compact would still be ratified by the Finnish parliament eventually, as many MPs would conclude that it was be better to sign up to something flawed than be out all together.

Erkki Tuomioja said in an interview with the FT that Finland should not sign the proposed treaty enshrining a fiscal compact, and that “the majority of the Finnish parliament has the same view as I do”.

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