Daniel Gros
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Will Finland oppose Portugal bail-out?

Tough talks have been under way in Lisbon to secure a bail-out for Portugal.

Officials from the International Monetary Fund, European Central Bank and European Commission are likely to push for radical reforms, in return for more than 80bn euros.

That deal will need approval from the 17 european nations that form the eurozone.

Finland is one of those nations. An election there over the weekend saw huge gains for parties that oppose the bail-outs.

Daniel Gros at the Centre for European Policy Studies says he does not think the Finnish election would complicate negotiations in Portugal.

  • 18 Apr 2011