Thursday was a tough day for the Finns Party.
The party, which has repeatedly voiced its doubts about financing beleaguered eurozone countries, had to concede that negotiations over a third bailout for Greece were imminent after the Grand Committee gave its approval for the negotiations.
Investors, put your money in real estate in Helsinki.
The claims of nearly 30,000 vacant houses and a catastrophe looming over the real estate landscape in Helsinki are unfounded, experts assure. “The longer-term risks are small in prime locations. Go right ahead,” urges Heikki Loikkanen, a professor emeritus of urban geography at the University of Helsinki.
Owning real estate in Finland entails a number of considerable risks, a group of experts concluded during a panel discussion at SuomiAreena on Tuesday.
Over two-thirds, or 68 per cent, of Finns currently live in owned houses, while 70 per cent of the net wealth of Finns is tied up in real estate. Three factors, however, are nibbling away at the value of these assets: inopportune location, mounting renovation backlog and Finns' tendency to let their investments sit.
The ownership structure of Fennovoima does not satisfy the conditions for obtaining a construction licence, states Carl Haglund, the chairperson of the Swedish People's Party.
The background of Migrit Solarna Energija, the Zagreb-based company that voiced its interest in taking a stake in the nuclear power project at the last minute, is according to Haglund too vague to satisfy the condition that over 60 per cent of shares in the project be held domestically.
Prime Minister Juha Sipilä (Centre) arrived in Salo on Monday with two members of his cabinet, Jari Lindström (PS) and Petteri Orpo (NCP), to listen to the concerns of local residents.
Sipilä estimated that their meeting with the staff and management of Microsoft had been productive. “The discussion was very interesting. As I expected before sitting down with a group of engineers, we got a number of creative ideas about what should be done. Those are precisely what we're here for,” he said upon his arrival at the town hall.
There will be no roadside parking places in Helsinki 15 years from now.
It will instead be possible to have a self-driving car pick you up in ten minutes by pressing a button on your smartphone. The ride service will be similar to a modern-day taxi service or Kutsuplus, an on-demand bus service launched by Helsinki Region Transport (HSL) in 2013, depending on the service provider.
Finns are avid users of video-on-demand services.
A report published by the European Commission shows that after the United Kingdom the Nordics lead the way in the use of subscription-based video streaming services in Europe. Consumers in Finland, Sweden, Denmark and Norway spent a total of 148 million euros in video streaming services in 2013, accounting for 28.4 per cent of the spending in all of Europe.
No third parties are suspected of involvement in the deaths of the two men whose bodies were found in Laajasalo, Helsinki, last Sunday.
The National Bureau of Investigation (KRP) suspects that a 46-year-old gang member shot to death his acquaintance, a 37-year-old construction company owner, and himself in the home of the business owner. The illegal firearm used in the incident was discovered at the scene of the apparent homicide-suicide.
- Category: Business
- Created on 09 July 2015
The decision by Microsoft to slash 2,300 positions in Finland could not have come at a worse time. The recession has dragged on and unemployment crept up while no signs of robust economic growth are in sight.
The job cuts announced by the software behemoth are a bitter blow for Finland, summarises Vesa Vihriälä, the managing director at the Research Institute of the Finnish Economy (Etla).
Public support for President Sauli Niinistö has continued to grow steadily and hit its highest-ever level.
A recent poll by Helsingin Sanomat found that as many as 86 per cent of Finns believe Niinistö has performed his responsibilities very or relatively well. Over one-third, or 37 per cent, of the people surveyed gave Niinistö an excellent rating.
The double homicide under investigation in Laajasalo, Helsinki, took place in the home of a nearly 40-year-old construction company owner with ties to the criminal organisation United Brotherhood, suggests information obtained by Helsingin Sanomat.
Mika Ihaksinen, the officer in charge of the pre-trial investigation, declined on Tuesday to comment on the investigation due to it only being in its infancy.
- Manufacturing jobs are not about to disappear
- Police tight-lipped about suspected double homicide in Laajasalo
- Russia's absence casts shadow on OSCE session
- News agency: North Korean scientist defected to Finland
- New Fennovoima shareholder is a Russian creation
- Seasonal workers step in as nearly 900,000 kick back on holiday
- Turku Shipyard picks up another order from Germany
- Croatian energy utility to take stake in Fennovoima
- EU to scrap roaming charges
- Finnair to focus on special cargo