Patrick L Young is expert in global financial markets working in multiple disciplines, ranging from trading independently to running exchanges.
Finland has struck a blow for genuine exceptionalism in Europe. Anti-NATO parties dominated polls while Euroskeptic cred was championed not only by the longstanding anti-EU party, but also, uniquely within the eurozone, by the Social Democratic party.
Depending on your perspective, Finland may conjure recollections anywhere from Sibelius’ exquisitely lyrical Karelia Suite to the speedy monosyllables of Formula One champion Kimi Raikkonen…via multiple thoughts in between. Nevertheless, it doesn’t link easily in the mind to the Mediterranean. Yet the new Finnish government may be about to make an indelible impact on the eurozone’s profligate south.
Let’s back up for a moment: the Finnish General Election campaign concluded at the weekend with a popular vote amongst the population of 5.5 million. Western media saw the Finnish vote as a very insignificant sideshow to the 2016 Clinton coronation (which probably won’t be…but that’s another story) or the current British borefest of economic illiteracy.