Economy
Finland’s economy is projected to grow by 2% this year and next, marking a significant improvement from earlier forecasts, according to recent analyses by financial institutions. The outlook suggests the strongest economic expansion in nearly a decade, with growth expected to continue at a steady pace through 2027.
Economy
A new survey by S-Pankki reveals growing dissatisfaction among Finns with the types of housing being built, as demand shifts toward larger, more affordable family homes while small apartments remain unsold. Over a third of Finns believe new housing is being constructed primarily for investors, a perception linked to
Economy
The Central Finland Wellbeing Services County will initiate new cooperation negotiations as part of efforts to address its significant financial challenges. The regional board is set to discuss the matter at its meeting on Tuesday, 18 August, with negotiations covering the entire organisation and its approximately 12,500 employees.
Politics
The Social Democratic Party (SDP) has intensified its opposition to the governing coalition, with party chair Antti Lindtman launching a series of pointed attacks against the Finns Party and Prime Minister Petteri Orpo’s National Coalition Party (NCP). The criticism comes as the SDP strategizes ahead of next April’s
Economy
A tripartite working group has been established to examine potential models for balancing additional wage costs in the event of drone threat situations. The initiative follows recommendations issued in June by labour market organisations, the Ministry of Economic Affairs and Employment, and the Ministry of Social Affairs and Health, which
Culture
A rare total solar eclipse is set to captivate observers across parts of Europe on Wednesday evening, with Spain and Iceland emerging as prime viewing destinations. The celestial event has sparked a surge in tourism, with hundreds of thousands of visitors flocking to regions along the eclipse’s path.
Economy
Stora Enso will initiate change negotiations regarding the future of its Veitsiluoto sawmill in Kemi, potentially leading to its permanent closure. The negotiations will affect approximately 60 employees, with the process expected to last around three weeks (MTV Uutiset). The Veitsiluoto sawmill, which has operated for over a century, requires
Economy
A majority of large Finnish companies have adjusted their long-term strategies in response to heightened geopolitical risks, according to a survey commissioned by OP Financial Group. The findings highlight how global political tensions are reshaping business operations, supply chains, and investment priorities.
Traffic
Helsinki Region Transport (HSL) has proposed raising the inspection fee for passengers traveling without a valid ticket from the current 100 euros to 130 euros. The increase is part of HSL’s preliminary operational and financial plan for 2027–2029, which aims to strengthen the deterrent effect of the fee
Economy
A new report by the Kalevi Sorsa Foundation, a social democratic think tank, has raised concerns over the accuracy of Finland’s economic forecasts and their influence on political decision-making. The report, authored by Executive Director Lauri Finér and economic policy expert Jussi Systä, argues that forecasts are frequently
Economy
Finnish industrial sectors experienced widespread growth in June, with increases in orders, production, and turnover compared to both the previous year and the previous month, according to data from Statistics Finland. The value of new orders across industry rose by 16.6% year-on-year in June, while working-day
Economy
Espoo and Vantaa have announced plans to begin restructuring negotiations, citing the need to balance their finances amid growing deficits. The decisions have sparked concern among city employees, particularly in Espoo, where the scale of potential layoffs has come as a shock.