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Finnish parliament approves bailout for Portugal

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 12:53 PM
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Finnish parliament approves bailout for Portugal
http://news.xinhuanet.com/english2010/world/2011-05/25/c_13893958.htm

HELSINKI, May 25 (Xinhua) -- Finland's parliament on Wednesday approved a bailout plan for Portugal, pledging about one billion euros of contribution in the 78-billion-euro (110 billion U.S. dollars) package.

After protracted talks, the European Union-International Monetary Fund bailout was approved on a 137-49 vote, with seven abstentions in the 200-seat legislature.

Unlike other eurozone countries, Finland's parliament has the right to vote on EU requests for bailout packages.

The bailout was supported by the last government, which was dissolved after April parliament elections.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 12:54 PM
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1. In for a penny, in for a pound.
Alliances are for bad times as well as good ones.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-25-11 12:57 PM
Response to Reply #1
2. i know for all the anti-bailout talk going on before hand --
this must have an interesting moment for them.
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