Finland’s Coalition Looks Set to Pass EU Recovery Fund
(Bloomberg) -- Finland’s five-party coalition, struggling to avoid a collapse, appears to have enough support in parliament to approve the European Union recovery fund after a move by one of the opposition parties to abstain from the vote.
That’s after the parliament’s constitutional committee on Tuesday ruled that a simple majority would not be enough to pass the stimulus package -- but an opposition party’s decision reduces the total number of votes, giving the government the requisite majority.
The decision by the opposition National Coalition to abstain means the government can pass the package if its ranks hold together, according to the party’s parliamentary group leader Kai Mykkanen. It comes as the Cabinet of Prime Minister Sanna Marin faces its worst crisis since the beginning of its term in 2019 as parties disagree over spending.
“The government can create that majority if they are united,” Mykkanen told a news conference. “It’s their responsibility. We cannot support it because it has several major faults. Yet we don’t want to drive the EU into disarray.”
The Finns Party, with 38 votes, opposes the package. The 27-member bloc’s stimulus package needs the approval of each member state.
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