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President of Finland, Sauli Niinisto talks about possible changes to the EU construction and developing single markets. Davos on CNN.com
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Finland on Tuesday called for fairer and more transparent decision-making by the European Union as it is battling to resolve the eurozone debt crisis and prevent the eurozone from splitting.
"I believe firmly that we can save the euro but we need more open political discussion because at the same time what we are seeing is also a crisis of democratic legitimacy," said Finland's Foreign Minister Erkki Tuomioja.
"We've been forced to take measures in the eurozone and the EU without proper consultations, proper transparency and discussion about the alternatives," he said after meeting northern European counterparts in Vilnius.
Tuomioja, who last month told Europeans to "face openly the possibility of a euro break-up", on Tuesday insisted he believed the crisis-hit 17-member single currency bloc could survive.
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With a focus on governmental institutions, this book explores the ways in which EU membership has altered the balance of power among key political actors. The authors discuss cultural adaptation to integration, as well as examining the views of the elite and voters. The transformation in national identity, sovereignty and neutrality are also examined.
A statistical analysis published by the French economic research institute Coe-Rexecode shows that the Finns and French work fewer hours a year than do employees in any other part of the EU. Romanians and Hungarians meanwhile work the most.
According to figures from Coe-Rexecode, a private French research institute, Finns who are employed full time in steady jobs work only 1,670 hours a year. The French spend nine more hours on the job annually. In Sweden, the figure is 1,719 hours, which is also below the EU average.
The European Union summit's suggestion to replace unanimity with majority voting for the EU’s permanent rescue fund -- a voting procedure deemed unconstitutional by a Finnish parliamentary committee -- has caused the Nordic government a tricky problem...
Prime Minister Jyrki Katainen said on Tuesday that Finland would not agree to have a supermajority making important decisions in Europe's permanent bailout fund on Finland's behalf. Katainen made his statements during a parliamentary debate on an interpellation measure tabled by the Finns Party.During the debate, a question arose whether it was possible that a supermajority would agree to increase the fund’s size and through it Finland’s financial responsibilities in the EU. Katainen responded that Finland’s position on that was clear—it was not an option Finland could accept.He also said that Finland would not agree either to a transfer of national budget sovereignty to the EU Commission, or to eurobonds as proposed by the Commission.However, Katainen emphasised that Finland’s place is at the heart of developments within the EU.
SDP presidential candidate Paavo Lipponen says he does not favour any increase in the power of nations with triple A credit ratings within the EU.
Prime Minister Jyrki Katainen says Finland could consider changes to European Union treaties. In an interview with YLE, Katainen said that in principle Finland could accept such changes, if these accorded with reasonable management of the economy.The Prime Minister said that Finland had no particular reasons to oppose changing EU treaties, if such changes brought about better economic discipline.However, Katainen added that Finland’s stance on the issue is that solutions that did not demand changing treaties should be looked into first.
(Bloomberg) -- Europe is running out of options to fix its debt crisis and it is now up to Italy and Greece to convince markets they can deliver the necessary austerity measures, Finnish Prime Minister Jyrki Katainen said.
“The European Union cannot restore confidence in Greece and Italy if they don’t do it themselves,” Katainen said in an interview in Helsinki yesterday. “We can’t do anything to boost confidence in them. If there are doubts about these countries’ abilities to take sensible and correct decisions on economic policy, no one else can repair that.” ...
Finland authorities will review the credentials of up to 750 doctors trained outside the EU after a recent scandal over bogus medics, the health watchdog said Wednesday.“We will check the credentials of every physician who qualified outside the EU and EEA (European Economic Area) and who has been licensed to practise in Finland over the past 20 years,” Valvira medical advisor Liisa Toppila told AFP.
Euro-region governments can’t let Finnish demands for collateral in return for Greek aid derail a second rescue package for Europe’s most-indebted country, Spanish Finance Minister Elena Salgado said.
Third: open internationalisation needs to be enhanced, because in spite of all the problems, only that will allow small export-dependent countries like Finland to cope in a rapidly changed...
Finland’s EU Commissioner Olli Rehn has said in a YLE interview that the economic situation in Spain and Italy is currently the biggest eurozone concern.
The majority of Finnish MPs are in favour of third-level fees for students coming from outside the EU or the European Economic Area.
Increasing Finnish education export and boosting teachers’ employment are cited as aims behind the initiative.
“We should capitalize on Finland’s high reputation in the field of education, and use this for the benefit of the national economy,” note MPs Arto Satonen from the National Coalition, Jukka Kärnä from SDP, Ari Torniainen from the Centre Party, and Reijo Tossavainen of the Finns Party.
According to the MPs who drafted the initiative, the majority of foreign students who take English language degrees in Finland go on to work outside the country.
Find help and information to your questions and problems at the European Union information office in Helsinki.
With an annual budget of more than €122bn, the EU is an economic power in its own right, more signiﬁcant than many countries. So, how do those ﬁnances break down? This latest data, from 2010, shows where the hard cash goes - and where it ﬂows from.http://t.co/9FQzFjRa (PDF)
Finland lies between the dear but occasionally erratic Russia and the democratic West; and the European Union ties Finland to the West. The euro itself was adopted here without a referendum, reflecting the Finnish government’s aim to be part of the EU core.Finland would like to stay in the core, where the future of the euro is forged -- but not if it means total surrender of fiscal power to Brussels...
Russia’s accession into the World Trade Organisation (WTO) next summer will bring Finnish export companies annual savings worth up to hundreds of millions of euros.However, Finland has its sights already set on the next target: the establishment of a free trade zone between Russia and the European Union.Even according to the most pessimistic of estimates, Russia’s WTO membership will reduce customs duties by EUR 300 million right away, reckons Minister of European Affairs and Foreign Trade Alexander Stubb (National Coalition Party).
The Finns’ party is asking the government to put a price on exiting the euro. The party’s parliamentary group has also demanded that Finland stops supporting heavily indebted eurozone countries in an interpellation question on the matter.In addition to demanding an investigation into how much a Finnish exit from the common European currency would cost, party chair Timo Soini is also asking that the government explains its line before next month’s crucial summit on the issue.Such discussions are usually held in parliament’s Grand Committee, which approves the Prime Minister’s line before such summits.
Finland’s Minister for European Affairs and Foreign Trade Alexander Stubb has defended his proposal that triple A rated eurozone countries should have greater say in economic affairs.
BRUGES, Belgium (Dow Jones)--The role of the President of the European Commission should be strengthened by combining it with the functions of the President of the European Council and a proposed president for the Euro Area Summits, Finland's Minister for European Affairs and Foreign Trade Alexander Stubb said Thursday.
"There is a need for more leadership in Europe and I would rather have this leadership in the hands of a joint, perhaps elected, trustee, than self-anointed member states," Stubb said in a speech held at the College ...
Edin Mujagic is a monetary economist at the ECR Euro Currency Research in Utrecht, The Netherlands and at Tilburg University.
"Another change that is likely, in my view, is that the euro area Triple A countries will have more say at the expense of the lower rated ones. Just a few days ago the Finnish prime minister made a case for such a rule.
As not all euro area Triple A countries are equal, Germany will get more influence than before (being the largest and the strongest). A dominant position of Germany in Europe would not be strange and would in fact just reflect the fact that it is the largest European country, it has the strongest economy and the deepest pockets, supplemented with the fact that it is situated very strategically in the middle of Europe..."
EU and euro countries' Heads of State or Government agreed on measures to tackle the economic crisis in Europe
The EU and euro countries' Heads of State or Government met in Brussels on 26 October to discuss measures with which to stabilise the European banking sector, reform European stability mechanisms, improve debt sustainability in Greece, strengthen financial discipline in Europe and reorganise the structures of the euro area.
"I am very happy with the results. We were able to resolve all items on the agenda,” said Prime Minister Katainen who represented Finland at the meeting.
Austria and the Netherlands, both rated AAA, and Slovenia and Slovakia yesterday said they will seek deals similar to the Finnish one.
Prime Minister Jyrki Katainen meets his Russian counterpart Vladimir Putin on Tuesday in Sochi, Russia. The premiers are to review the world financial situation as well as ties between their two countries and between the EU and Russia.