Anders Borg, a former Swedish Minister of Finance, and Juhana Vartiainen, the director general at the Government Institute of Economic Research (VATT), unveiled their long-anticipated assessment of the state of the Finnish economy on Wednesday.
Helsingin Sanomat asked economists to comment on the three main problems and solutions discussed in the report.
- Category: Business
- Created on 11 March 2015
The domestic sales of beer, cider and soft drinks dried up last year.
The Federation of the Brewing and Soft Drinks Industry revealed on Wednesday that its members sold a total of 774.5 million litres of brewery beverages last year, representing a decline of 1.7 per cent from the previous year.
“I have an armchair in the living room,” Modou Jassey, a 35-year-old man from Gambia, duly describes his home. His Finnish teacher, Stina Nybäck, continues the questioning: Is it soft? Jassey nods in approval; he also has a bookshelf, a carpet and a painting on the wall.
Jassey began studying Finnish in January after waiting four months for admission to the integration programme.
Finnair will reduce its lowest fares for flights within Finland, Scandinavia and the Baltic countries but introduce an additional charge for check-in luggage as part of the launch of a new ticket type.
The new ticket type, Light, will replace Basic as the lowest-fare option for short-haul flights operated by the state-owned airline.
Young people of immigrant background experience more discrimination than their native-born peers, indicates the Youth Barometer, a survey conducted annually by the Finnish Youth Research Network and the Advisory Council for Youth Affairs.
Discrimination is especially common in a school environment, particularly in basic education and upper secondary vocational education.
Candidates running on the ticket of the Finns Party, the Social Democratic Party and the Christian Democratic Party are most opposed to promoting employment-based immigration from outside the European Union.
Their rivals from the Green League, the Swedish People's Party and the National Coalition Party, in contrast, are willing to promote immigration also from outside the EU, the replies of candidates on the voter guidance pages of Helsingin Sanomat indicate.
Minister of the Interior Päivi Räsänen (Christian Democrats) has announced her intention to request an inquiry from the Finnish Immigration Service (Migri) following the deportation of a Chinese grandfather from Finland on Wednesday.
She wants to determine whether the legislation should be revised in cases where an employment-based residence permit is applied for a close relative.
The reform of social welfare and health care services hit a wall on Thursday after the Constitutional Law Committee issued its opinion on the reform bill, prompting the Social Affairs and Health Committee to suspend preparatory work on the reform.
The Constitutional Law Committee ruled that the latest version of the bill remains constitutionally suspect, despite the improvements introduced to it by the Social Affairs and Health Committee.
- Category: Business
- Created on 05 March 2015
Finns have had few reasons for jubilation in recent years as the national economy has been mired in recession.
In one respect, however, Finnish firms are doing better than ever: Last year, they received a record-breaking 462 venture capital investments, over 15 more than in the previous record year of 2008, according to the Finnish Venture Capital Association (FVCA).
He Zhijian, a 62-year-old pensioner from China, held his grandson in his arms while waiting for police officers in the bustling departure lobby of Helsinki Airport on Wednesday.
The officers were to return him his confiscated passport and ensure he boards an aircraft to leave the country. “The situation feels a bit embarrassing and unfair. I feel like a criminal, although I've done nothing wrong,” He laments.
Representatives of the berry industry and the Ministry of Employment and the Economy have signed a letter of intent concerning the status of foreign berry pickers in Finland.
The berry companies have pledged to step up their efforts to promote the adaptation of the foreign employees to the local working conditions. Last year, for example, a number of berry pickers reported net earnings of no more than 20 euros a day for their efforts in Finland.
- Tuomioja denies claims of diplomatic crisis
- Air Force: American aircraft sighted at Helsinki Airport was transporting people
- Helsinki City Board mulling Veolia boycott
- Three killed in Laukaa pizzeria
- Nokia in a league of its own in patent filings
- Talvivaara at risk of drowning in waste water
- Task force rejects proposal to check incomes of tenants in state-subsidised flats
- Amnesty reprimands Finland for treatment of asylum seekers
- Defendants, witnesses and plaintiffs to take the stand in Trevoc trial
- Zyskowicz calls for €2.6bn spending cuts