The National Coalition will only lose a couple of seats in the Parliament, according to an extensive survey commissioned by the economic weekly Talouselämä.
TALOUSELÄMÄ has published the results of a comprehensive survey of the power of balance in the upcoming parliamentary elections, indicating that the composition of the next Parliament will be unprecedented.
- Category: Business
- Created on 19 January 2015
Two crises are already comparable in magnitude.
THE ONGOING economic crisis is in a number of ways worse than the depression that ravaged Finland in the early 1990s.
Economist Vesa Vihriälä, the managing director at the Research Institute of the Finnish Economy (Etla), estimates that the two crises are already comparable in magnitude: in both cases, the national output has fallen sharply and the debt-to-GDP ratio breached the 60 per cent threshold.
Finns faced more hardships abroad last year than ever before.
The number of consular services provided to Finns in need of assistance by diplomatic missions increased from 40,000 in 2013 to 44,000 in 2014, according to the Ministry for Foreign Affairs.
Mahmoud Idrees left his home town of Latakia, Syria, at the end of September. He first crossed the border into Turkey and then continued through Crete to Greece.
He bought a fake passport in Athens for 200 euros and arrived in Helsinki on Christmas Day. He registered as an asylum seeker and was assigned to the bottom unit of a bunk bed in room 256 of the Helsinki Reception Centre on Kaarlenkatu.
Carl Haglund (SFP), the Minister of Defence, has pointed out that Finland would be an exception if it chose not to enact laws on the online surveillance rights and other intelligence capabilities of the Defence Forces and the Finnish Security Intelligence Service (Supo).
Authorities must have the necessary tools to prevent terrorism and other threats to national security, Haglund emphasised on Wednesday, after being presented with a task force report on intelligence rights at the House of the Estates.
A group of professors assigned to evaluate the economic policy pursued by the Government have criticised the measures adopted during the current electoral term, cautioning in a report unveiled on Tuesday that the tax hikes and spending cuts set for introduction this year will be too much to for the struggling public economy.
Austerity measures are urgently needed to enhance economic sustainability, the professors acknowledge, but they should be postponed until 2017—2018.
A proposal by the Government to oblige municipalities to extend the scope of health care services provided to undocumented immigrants received a frosty welcome at the Parliament on Tuesday.
Undocumented immigrants currently only have access to urgent care at their own expense. The proposal, however, would grant them access also to necessary short-term services, such as services required during pregnancy or childbirth, and in some cases to treatment of chronic diseases. Undocumented immigrants under the age of 18 would have access to the same services as Finns.
Prime Minister Alexander Stubb (NCP) believes political decision-making capacity has been compromised in Finland.
Stubb on Tuesday called attention to the significance of delivering a clear-cut election result and establishing a Government genuinely capable of making decisions while appearing on Huomenta Suomi, a morning show on MTV3.
Prime Minister Alexander Stubb (NCP) on Sunday reiterated his steadfast support for free speech and open society while showing his solidarity with the victims of the recent terrorist attacks in Paris.
“An open society must be protected with openness. We'd be sending the wrong message by withdrawing and building new walls in Europe,” Stubb underscored in a press conference at the Embassy of Finland in Paris. “Security can be enhanced, but not by withdrawing or building walls.”
- Category: Business
- Created on 13 January 2015
Volvo on Monday announced that it will invest roughly 40 million euros in the construction of a new service centre near the Helsinki Airport.
Magnus Björklund, the managing director at Volvo Finland, revealed that the bus and truck manufacturer weighed up the economic conditions in Finland carefully before showing a green light to the investment. The company, however, is in urgent need of new facilities and confident that the time is right for the investment.
If you struggled to scrape by until your next payday last year, things are not going to get any easier this year.
The Taxpayers Association of Finland (TAF) forecasts that the purchasing power of middle-income earners – that is, people who earn roughly 3,200 euros a month – will fail to increase this year due to the tax policy pursued by the Government.
- Nearly one-fifth of breakfast buffets fare poorly in hygiene inspections
- Stubb: We must protect freedom of speech
- Automation project may yet be carried out
- Gyms about to be jam-packed
- Finns Party lawmakers ready to place greater emphasis on immigration
- Exports dropped in November
- “NCP is like a rabbit in the headlights”
- Finnair named one of the safest airlines in the world
- Rinne: No reason to doubt Greece's commitment to euro
- Finns Party united on immigration, Soini stresses