My profile of Finland’s version of the Tea Party has just been published in Bloomberg Businessweek.
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, diamondlike 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.
Read the rest.