Katainen then continued six-party talks that included the NCP, the SDP, the Left Alliance, Green League, Christian Democrats and the SPP.
However, these negotiations ran aground on 1 June as the Social Democrats and the Left Alliance walked out of the talks due to strong differences on economic policies.
[8] The incumbent government was considering proposals for a new constitution, including a phrase in the first paragraph of the third clause that would have read "Finland is a member of the European Union."
The candidates must file a public report with the National Audit Office detailing their sources of all contributions of over €1,500 in value raised in support of the election campaign.
[16] Former Prime Minister Matti Vanhanen began to work as the Chief Executive of Finnish Family Firms Association and did not participate in the election.
The media investigations focused on a group of entrepreneurs called Kehittyvien Maakuntien Suomi (Finland of Developing Provinces) who financed the electoral campaigns of numerous high-profile government and opposition candidates.
[31] The European sovereign debt crisis was another important issue in the election, even more so after Portugal applied for an EU bailout on 6 April, the first day of advance voting.
[54] Polls concerning preference for the favourite candidate for Prime Minister indicated that SDP leader Jutta Urpilainen did not enjoy the support of everyone in her party.
[63] In early April, the new leader of the Swedish Social Democrats, Håkan Juholt, visited Finland in order to show support for the SDP in the election.
In the interim, the party also invited Swedish Social Democrat Marita Ulvskog who echoed the view that "investors and banks need to take responsibility."
[69] Soini also suggested Finland should unilaterally withdraw from the European Union Emission Trading Scheme and some other international commitments and that giving up the euro was an option.
The party's support for the benefits along with its stance on the EU bailouts was also seen as one reason for its growth in popularity at a time when the country was facing welfare cuts by the government.
This stance on the EU's bailout was read by The Wall Street Journal as detrimental to the euro zone's attempt to reassure bond investors that it would not face debt problems.
[73] The True Finns' main campaign issues—lowering refugee quotas and cutting foreign aid and Finland's financial contribution to the EU—were seen as a possible hindrance to coalition talks.
Urpilainen was not entirely against emergency measures aimed at saving these countries, but insisted that the major European banks ought to play a larger role in the guarantees.
On other issues, Katainen, as he had stated earlier, willing to consider raising the minimum retirement age, while Urpilainen announced that the SDP would not join any coalition that does so.
"[89] During the night between Sunday 10 and Monday 11 April animal rights activists opposing fur farming systematically sabotaged a large number of the Centre Party's electoral billboards in Helsinki and Turku.
[91] In a comment to the Finnish Broadcasting Company,[92] Secretary of the Centre Party Timo Laaninen condemned the action as "a serious violation of the democratic order that would be met with harsh countermeasures", as volunteers hoped to restore the billboards by the morning of 13 April.
The Social Democrats' foreign-born candidate Ranbir Sodhi was allegedly confronted by True Finns supporters in the Myyrmäki district of Vantaa who were said to have told him to go back "to his own country" where he could become a politician.
The National Coalition Party MP Raija Vahasalo also complained that during a campaign event in Kirkkonummi the True Finns handed out leaflets at the same time that claimed she favoured Swedish-speaking residents in allocating local school funding.
The following day, the Foreign Ministry invited professor Jan Sundberg of the Department of Political and Economic Studies at the University of Helsinki to lead an analysis of the result.
[101] However, despite the large advance voting, the race was not considered to have ended because the undecided voters, whose impact was termed crucial, were still being targeted during the remaining few days.
"[117] The euro fell against the US dollar for the two trading days preceding the vote on speculation that a win for the True Finns would hinder the prospects for the Portuguese bailout.
The strong showing by the True Finns and the Social Democrats caused EU leaders to worry that they may not be able to count on Finland's future support for any such bailout measure.
The European Union, lacking decisive leadership in times of financial difficulty, is an ideal further focus for this ire;" and that populist appeals rely on having "an enemy to hand.
It postulated that a solution could lie with a "traditional approach", which the UK-based paper said was most effectively implemented by the group Hope Not Hate, though it only solved a part of the problem in "exposing the extremes of the populist parties".
[31] Risto Uimonen, an election analyst for the Finnish Broadcasting Company, predicted "the toughest negotiations on government formation since the 1970s", as the three biggest parties have differing stances on many issues.
[133] Some analysts said that government formation talks could take weeks or even months due to disparities on such issues as the eurozone bail-outs, taxation, pension reform, foreign aid and immigration.
[150][151] Four members of Suomen Sisu were elected to the Eduskunta as True Finns MPs (Jussi Halla-aho, Juho Eerola, James Hirvisaari, Olli Immonen).
[156][157] After Soini's announcement, Jyrki Katainen invited the SDP, Green League, SPP and Christian Democrats to negotiate on forming a coalition led by the NCP.