Finland opposes EU executive`s plan for European monetary fund
(WorldNews Finland)

Finland supports the idea of expanding the European Stability Mechanism fund into a European monetary fund but does not back the European Commission`s proposal on having the European Parliament oversee it, Helsinki said on Thursday. The EU executive has suggested transforming the euro zone`s government-owned and run bailout fund into a European Monetary Fund in December, as part of its ideas for deeper euro zone integration. ......