Finland from 1983 to 1987 and also from 1991 until he retired in 2007. In 1993 SDP chairman Ulf Sundqvist was suspected and later convicted of a large financial fraud. Lipponen was elected the new chairman in 1993, and he led the party to victory in the parliamentary election of 1995. Lipponen formed a cabinet of five parties including both rightist and leftist parties. Lipponen's economic policies were, however, dominated by the right-wing. The main task of the cabinet was to decrease the number of unemployed. Tight fiscal policies allowed the participation of Finland in the European Monetary Union, which resulted in the introduction of the euro in 1999. Foreign trade increased above the European average 1995–1999. Laws for a new constitution were passed and it took effect on 1 March 2000. Lipponen headed the SDP campaign in 1999 which resulted in losses, but the SDP remained the largest party in the parliament. The coalition formed in 1995 was renewed. During the second Lipponen cabinet, he headed Finland's six months in the EU presidency and pursued pro-integration and pro-expansion policies. Lipponen introduced the concept of a European constitution during a speech in Bruges in 2000. He headed the SDP campaign of 2003, which led to victory for the SDP; however, the Center Party gained more seats, which marked the end for the succession of the cabinets of the SDP and the National Coalition Party. The chairman of the Center Party, Anneli Jäätteenmäki, formed a new cabinet, and Lipponen took the position of speaker of Parliament. Lipponen retired from the party chairmanship in 2005 and was succeeded by Eero Heinäluoma. Lipponen left the parliament in 2007. Anneli Jäätteenmäki of the Centre Party won the elections after she had accused Paavo Lipponen, who was prime minister at the time, of allying neutral Finland with the United States in the war in Iraq during a meeting with President George W. Bush, and thus associated Finland with what many Finns considered an illegal war of aggression. Lipponen denied the claims and declared that "We support the UN and the UN Secretary-General." Jäätteenmäki resigned as prime minister after 63 days in office amid accusations that she had lied about the leak of the documents about the meeting between Bush and Lipponen. This series of events was considered scandalous and it is named Iraq leak or Iraq-gate. On 15 August 2008, during the 2008 South Ossetia