Over 300,000 homes are without a permanent resident in Finland.
While many of those properties are located in municipalities with negative net migration, where homeowners are simply unable to find a buyer for their homes, the population centres also have their fair share of vacant homes.
The dependence of Finns on transfer payments, such as unemployment allowances and national and earnings-related pensions, has continued to grow, according to a recent publication by the Bank of Finland.
While pension costs have crept up in the face of rapid population ageing, the problems have been compounded by the difficult employment situation.
People are the most content with their lives in Panama, according to a global well-being survey published on Wednesday.
Finland, in turn, was ranked 37th out of the 145 countries and territories included in the survey carried out by Gallup, an American performance-management consulting firm, and Healthways, an American provider of well-being.
The rising wave of immigrants into the European Union has washed upon the shores of Finland, with the number of asylum applications received in a week exceeding 200 for the first time in mid-June.
Jorma Kuuluvainen, the head of reception affairs at the Finnish Immigration Service (Migri), estimates that the number of asylum seekers is likely to double from the 4,000 registered last year. “If the application numbers stay at these levels for the rest of the year, we'll end up with 8,000 applications,” he says.
The ranks of the jobless have swelled by 28,000 from the previous year to 324,000 in May, according to a labour force survey by Statistics Finland.
The unemployment rate of Finland has thereby risen to its highest level since February 2000. The unemployment rate stood at 11.8 per cent last month, representing an increase of 1.1 percentage points from the previous year.
- Category: Business
- Created on 25 June 2015
Fortum announced in a press release on Wednesday that it is not prepared to participate in the nuclear power plant project pursued by Fennovoima due to its failure to agree on the takeover of the hydro assets of TGC-1, a regional energy company operating in north-western Russia.
Kari Kautinen, the director responsible for strategy and mergers at Fortum, stressed to Helsingin Sanomat that the energy utility is nevertheless committed to its negotiations with Rosatom over the establishment of a joint hydro-power venture.
Only a handful of councillors for the City of Helsinki are ready to voice their support for Guggenheim Helsinki, finds a survey carried out by Helsingin Sanomat.
No more than 6 of the 69 councillors reached by the newspaper on Tuesday said that they are willing to proceed with the museum project if the city has to cover most of its costs. A total of 31 councillors contrastively expressed their opposition to the project, while 32 refused to comment on the matter altogether.
A record number of berry pickers are expected to arrive in Finland from Thailand.
This summer, tourist visas are set to be granted to a total of 3,500 Thai berry pickers, representing an increase of a few hundred from the previous year. In addition, the pickers will be accompanied by roughly 300 assistants, such as chefs, drivers and car mechanics.
The bicycle is by far the most effective means of transport for distances shorter than five kilometres in Helsinki. Public transport, in turn, will get you to destinations further than five kilometres from you faster than your feet or bicycle.
While driving is often a fast way to zip through the streets of Helsinki, walking and cycling are faster alternatives for short journeys.
Voter support for the Social Democratic Party has fallen to what is believed to be its lowest level in the history of the party, to 14.8 per cent, according to a poll by Helsingin Sanomat.
The approval rating has unmistakably dwindled to its lowest reading since the introduction of standardised opinion polls in 1990, after dipping below its previous low, of 14.9 per cent, recorded last summer.
- Category: Business
- Created on 19 June 2015
The Government has proposed that an additional 112 million euros be earmarked for Terrafame to enable the wholly state-owned special-purpose company to invest more in acquiring the mining operations of the bankruptcy estate of Talvivaara Sotkamo.
Olli Rehn (Centre), the Minister of Economic Affairs, believes it is vital to find a commercially profitable solution for the troubled nickel mine.
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