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Douglas Carswell's Blog

17 APR 2011

Will Finland bail on the bailouts?

It's looks as if a lot of Finns have voted for the specifically anti-bailout "True Finns" party.  If so, then it is not impossible that the next Finnish government might do what ours has thus far failed to do, and repudiate the bailout arrangements that make Finnish households liable for other countries Euro debt.

If so, what will our government's next move be? 

Will we drift along with the Euro consensus, taking at face value the advice of our own Foreign Office?  Will ministers go along with a policy that continues to throw ever larger sums of good money after bad, in order to help prop up the Euro at whatever cost? 

Or, will we take the action needed now to ensure UK taxpayers are no longer liable for Eurozone debt? 

With the arrival of the True Finns could come a little financial truth.

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