Millionaire-Led Party Wins Finnish Vote Vowing to End Slump

Finland’s Center Party, led by self-made millionaire Juha Sipila, won national elections as Finns rejected the sitting coalition in their search for a path out of the country’s economic sclerosis.

After three years of recession, the next government will need to repair the damage done by lost trade with Russia and the demise of a consumer electronics industry once led by Nokia Oyj. The decline of the paper industry has also wiped out thousands of jobs, leaving unemployment above 10 percent as economic growth hobbles along at half the euro-zone average.