Economy
The former Finnish Navy minelayer Pohjanmaa, which later served as the hydrographic survey vessel Pohjanmeri, has been decommissioned and transferred to Millog Marine & Power’s Teijo shipyard in Salo for dismantling. Arctia, the state-owned company responsible for the vessel in its later years, announced that no suitable new
Economy
The former Finnish Navy minelayer Pohjanmaa, which later served as the hydrographic survey vessel Pohjanmeri, has been decommissioned and transferred to Millog Marine & Power’s Teijo shipyard in Salo for dismantling. Arctia, the state-owned company responsible for the vessel in its later years, announced that no suitable new
Economy
Global oil prices surged past $100 per barrel on Thursday, marking the first time in over two months that Brent crude exceeded this threshold. The spike followed attacks by Yemen’s Houthi rebels on oil tankers in the Red Sea, further escalating tensions in the Middle East. Yle reports that
Politics
Finnish Finance Minister and Finns Party chair Riikka Purra has proposed abolishing automatic indexation increases for public expenditures, arguing that such adjustments should instead be subject to separate political decisions. Ilta-Sanomat (IS) reports that Purra outlined her stance in an interview with Helsingin Sanomat, stating that the current system
Economy
The European Commission has imposed a total fine of €890 million on Google for breaching the EU’s Digital Markets Regulation. The penalties stem from two separate violations, with the company accused of favoring its own services in search results and restricting app developers' ability to communicate with customers.
Politics
Finland’s growing data center industry has become a target for cyber espionage by authoritarian states, particularly Russia and China, according to the Finnish Security and Intelligence Service (Supo). Helsingin Sanomat reports that these countries exploit Finnish data centers to conduct intelligence operations against Finland’s partner nations. Supo highlights
Economy
Finland’s imports from Russia increased in the first four months of 2024, despite ongoing EU sanctions targeting Moscow over its war in Ukraine. Data obtained from Finnish Customs by Uutissuomalainen shows that the value of imports reached €285 million between January and April, marking a €15 million rise compared
Politics
A citizen initiative advocating for stricter regulations on the security of critical digital services has reached the Finnish Parliament after gathering 50,000 statements of support. MTV Uutiset and Yle report that the proposal, titled "Digital Sovereignty", seeks to ensure that essential digital infrastructure is built and managed
Politics
Prime Minister Petteri Orpo (National Coalition Party) drew both praise and criticism on Tuesday after referencing Väinö Linna’s classic novel Under the North Star during a parliamentary session focused on the Garden Helsinki project and a vote of confidence in the government.
Economy
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.
Politics
The Finnish Defense Forces and the Border Guard are conducting naval artillery exercises off the coast of Kotka this week. The drills involve vessels from both branches and are taking place at the Kirkonmaa and Rankki firing ranges. The Gulf of Finland Coast Guard began its exercises on Monday, with
Politics
The Ministry of Education and Culture mistakenly published a press release on Thursday announcing that Finland’s Aalto Works architectural sites had been added to the UNESCO World Heritage List. The announcement, which was later confirmed to be false, was the result of a technical and human error. The Aalto