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The National Audit Office (VTV) has ruled that Finavia, a state-owned airport operator, acted with due diligence in inquiring into the losses it incurred as a result of a series of derivatives contracts.
The Ministry of Transport and Communications, on the other hand, interfered improperly in the operational matters of the wholly state-owned company, thus infringing on the guidelines on the good governance of state-owned companies.
Russian President Vladimir Putin will pay a working visit to Finland on Friday, confirms the Office of the President of the Republic.
President Sauli Niinistö will according to a press release welcome his counterpart to his official summer residence, Kultaranta, in Naantali on 1 July to discuss the bilateral relations between Finland and Russia as well as a number of other topical issues, such as the situations in Syria and Ukraine.
Inderes and Nordea have continued to discuss the economic consequences of the United Kingdom's impending withdrawal from the European Union.
Tuuli Koivu, an economist at Nordea, estimates in a morning review that the market uncertainty arising from the unexpected result of the membership referendum that was held in the United Kingdom last Thursday will continue indefinitely.
Reijo Heiskanen, the chief economist at OP Financial Group, estimates that the United Kingdom's withdrawal from the European Union will only have a limited impact on the economy of Finland.
“We consider it more likely that Brexit in itself will not result in any long-term increase in uncertainty, even if the immediate changes were severe. Similarly limited will be the impact on the economy of Finland,” he comments in his blog.
The results of last week's membership referendum in the United Kingdom will fuel anti-EU sentiment elsewhere in Europe, estimates President Sauli Niinistö.
“The thought of an eternal and inseparable EU is no longer applicable. With criticism against the union being on the rise as it is, the results of the referendum in Britain will further fuel anti-EU movements,” he states in a press release.
The European Union must have an instinct for self-preservation in order not to be held hostage for the next decade decade by the withdrawal of the United Kingdom, estimates Olli Rehn (Centre), the Minister of Economic Affairs.
It is crucial both for Europe and Finland, he says, to continue the development of the EU and to re-establish the relations between the EU and the UK.
The District Court of Helsinki has sentenced Esa Laiho to four years and six months' imprisonment for practising medicine without a licence for more than a decade.
Laiho was yesterday found guilty of a slew of offences including one count of aggravated forgery, numerous counts of aggravated fraud, unlicensed practice of a health care profession and two counts of assault. He was also handed a ban on engaging in commercial activities and ordered to compensate the plaintiffs for the costs incurred during the legal proceedings.
Grocery prices have dropped across the entire grocery market since last year, finds a food basket comparison carried out by the Consumers' Union of Finland.
“The food basket comparison […] shows that Prisma has managed to overtake Lidl [as the most affordable grocery retailer] among the retailers selected for the comparison. Only one of the Prisma shops included in the survey last year surpassed Lidl, but now all Prisma shops finished in the top three,” the union highlights.
Carl Haglund, a former chairperson of the Swedish People's Party, has stirred up controversy on social media by requesting that he be relieved of his duties as a Member of the Parliament at the end of July in order to transition to the private sector.
Haglund, who stepped down from the helm of the party on 11 June, explains in an interview with Helsingin Sanomat that he made his decision in order not to stand in the way of the new party leadership.
Almost three-quarters, or 74 per cent, of Finns are of the opinion that the preconditions for a good life have deteriorated in Finland and more than four-fifths, or 84 per cent, that growing inequality poses a threat to the society, finds a survey commissioned by Think Tank e2.
Over one-half, or 58 per cent, of respondents estimated contrastively that diligence and entrepreneurship are enough to succeed in Finland. Nearly 40 per cent of respondents disagreed with the statement.
- KRP: Vihti gunman opened fire at four police officers
- Mykkänen and Risikko take on ministerial roles
- China's Tencent agrees to buy Supercell
- Brexit would change power balance in EU, says Vanhanen
- Locus of trouble moving from southern to northern eurozone, writes Krugman
- Korkman: Brexit is a lose-lose proposition
- Finland can't rule out possibility that military force is used against it, says Government
- Russia on agenda as Niinistö, Löfven open fourth annual Kultaranta Talks
- Niinistö: “Act of violence against police is act of violence against entire society”
- Migri dispels misconceptions about income requirements