You're Invited To A Finnish Tea Party
Bloomberg Businessweek|September 07 - September 13 2015
(Unless you're gay...or Muslim...or Greek)
Stephanie Faris, photography by Aapo Huhta
You're Invited To A Finnish Tea Party

In early August, Timo Soini, the foreign minister of Finland, mounts a stage at the convention center in the town of Turku. The occasion is celebratory, marking the 20th anniversary of the formation of the Finns, the conservative party he heads, and his entrance into government for the first time following elections in April.

Soini is a big man, with the girth and mirth of a television sitcom dad and a gift for the colorful phrase. His speeches are usually easygoing affairs, loaded with crowd-pleasing mockery of Finland’s participation in the bailout of Europe’s weak southern economies. But on this occasion his imagery is stark. He describes his party’s performance in the election as “a hard, diamond like achievement” and likens the tough decisions he’s since had to make as facing “the cosmic cold.”

In the past 20 years, Soini has led the Finns from an insignificant also-ran to the country’s second-largest party, now governing in coalition with two other conservative parties, including Prime Minister Juha Sipila’s Centre Party. Soini has done so by being the voice of opposition. And yet, just three months after taking office, he’s being forced to explain why Finland agreed to sign on to a new €86 billion ($96 billion) bailout for Greece.

When Greek Prime Minister Alexis Tsipras and his left-wing Syriza party forced a crisis in June by skipping payment on part of its country’s debt, Finland was among the countries favoring the harshest response. Largely because of pressure from the Finns, Helsinki’s official position going into the negotiations was that Athens should exit the currency union, at least temporarily.

This story is from the September 07 - September 13 2015 edition of Bloomberg Businessweek.

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This story is from the September 07 - September 13 2015 edition of Bloomberg Businessweek.

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