Reading Time: < 1 minuteFinland is opposed to a European Commission proposal that the European Union be able to take on more joint debt, Finance Minister Riikka Purra said on Friday. The European Commission has proposed that the budget for 2028-2034 include an option to jointly borrow money in the case of an emergency. “We are not just critical but opposed,” Purra said on social media platform X. Kanta on Suomelle… pic.twitter.com/l07k6DuQtu — Riikka Purra (@ir_rkp) September 19, 2025Some members of the 27-country bloc have argued that joint debt could help fund spending that the Commission is proposing at lower borrowing costs. Photo: Riikka PURRA (Minister for Finance, Finland).