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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The EU's coronavirus rescue package faces a tight vote in Finland's parliament after lawmakers ruled on Tuesday that two-thirds of MPs must vote in favour for it to be ratified. Finland's constitutional affairs committee sent jitters through Brussels when it concluded that the Nordic country's contribution to the 750-billion-euro ($905-billion) recovery fund cannot just be approved by a simple majority. That decision leaves the centre-left governing coalition relying on the support of opposition parties -- which have heavily criticised the package -- to pass the deal which must be ratified in each of the 27 member states. But the opposition National Coalition Party said on Tuesday it will abstain, meaning its parliamentary seats do not count towards a majority and leaving a chance the plan can be accepted. "The government has driven Finland into a situation with only bad alternatives," NCP parliamentary group head Kai Mykkanen told a press conference, but added that the party "does not want to lead the EU into chaos". The date for Finland's parliamentary vote on the package has not yet been set. So far, two-thirds of the EU's 27 member states have given their approval to contributing funds to the Brussels package, which will be paid out to member states as a combination of grants and loans. Finland was not officially a member of the "frugal four" of northern European states which last year opposed the EU's plan to pool debts and borrow on financial markets to fund the pandemic recovery, but the Nordic country was nonetheless a vocal critic of the proposal. Finland, a slight net contributor to the EU, has long been a vocal opponent of bailouts to other member states. In 2011 the Nordic nation threatened to topple a eurozone bailout to Greece, before eventually becoming the only EU country to secure collateral against the rescue package. sgk/spm
schema:headline	EU Covid package faces rocky road through Finland's parliament
schema:mentions	Nordic countries Eurozone Bailout Brussels Greece Finland European Union Pandemic Coronavirus disease Coronavirus National Coalition Party Undercover Brothers Jitters (band) Centre-left politics
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	92 (xsd:integer)

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