Politics

Economy

Iberdrola to acquire Finland’s largest electricity distributor Caruna in €5 billion deal amid regulatory, political, and consumer scrutiny—timeline extended to 2027, price hike risks and national ownership debate intensify

Spanish energy company Iberdrola has announced plans to acquire Caruna, Finland’s largest electricity distribution company, in a deal valued at approximately €5 billion. Yle reports that the transaction was confirmed by news agency AFP, while MTV Uutiset provides additional details on the financial structure of the agreement.

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Politics

Government withdraws €35 million state aid for Garden Helsinki arena, survives no-confidence vote amid lobbying scrutiny, corruption allegations, and coalition tensions

The Finnish Government has concluded an extraordinary plenary session to address the ongoing dispute surrounding the Garden Helsinki arena project, which has raised concerns about potential conflicts of interest, corruption allegations, the handling of state aid, procedural integrity, and broader questions of fairness in public funding. The controversy is now

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Government Withdraws €35 Million Support for Garden Helsinki Arena Amid Allegations of Misleading Parliament, Political Tensions, and Key Resignation

Politics

Government Withdraws €35 Million Support for Garden Helsinki Arena Amid Allegations of Misleading Parliament, Political Tensions, and Key Resignation

The Finnish government has formally withdrawn its conditional €35 million support package for the Garden Helsinki multi-purpose arena project, with Prime Minister Petteri Orpo (NCP) announcing on Monday that the project no longer has political backing. The decision follows weeks of scrutiny over the funding’s approval process, which

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