By Pekka Vanttinen | Euractiv.com 10-10-2022 There should be room for supporting businesses and citizens, though – even if they are exceptional – they should be coordinated and carefully considered, said the Minister for European Affairs and Ownership Steering Tytti Tuppurainen. [EPA-EFE/ORESTIS PANAGIOTOU] Euractiv is part of the Trust Project >>> Languages: Français | DeutschPrint Email Facebook X LinkedIn WhatsApp Telegram Finland, which favours respecting EU internal market rules and coordination, opposes new EU shared debt to help with inflation and the energy crisis, the EU Affairs Minister Tytti Tuppurainen said. Uncoordinated national support for companies could disintegrate the internal market, the consequences of which would be ”a disaster” for a small economy like Finland, Tuppurainen told the media on Saturday. She added that there should be room for supporting businesses and citizens, though this should be done carefully and coordinately. The minister also placed Finland in strong opposition against plans to launch a new shared EU debt outlined in the Corriere della Sera newspaper by EU Economy Commissioner Paolo Gentiloni and Internal Market Commissioner Thierry Breton. Instead, Tuppurainen seemed to favour using COVID-19 recovery funds, but also for other purposes. Regarding Germany’s announcement that it would use debt worth €200 billion to help alleviate the current energy crisis, Finland, like many other EU states, is still on the fence, though Tuppurainen described spending on energy investments to cut ties with Russian gas imports or help households as something quite “acceptable”. (Pekka Vänttinen | EURACTIV.com)
