President Sauli Niinistö has dismissed the criticism levelled against the agreement reached by Finland and Russia to reduce cross-border traffic into Eastern Lapland.
“There were enormous concerns – even overstated ones, also in the media – that the people who are crossing the border to Finland to apply for asylum, that there are tens if not hundreds of thousands of them in Russia,” he stated during his visit to Ivalo, Eastern Lapland.
A group of young people from Espoo are set to face a slew of criminal charges for their involvement in a drug trafficking ring exposed by the Finnish Customs and Western Uusimaa Police Department.
The investigators have seized a batch of alprazolam, a benzodiazepine anti-anxiety agent, worth approximately 280,000 euros and designer drugs worth approximately 25,000 euros during the course of the now-completed pre-trial investigation.
The Finnish Government has unveiled a list of measures to improve the employment situation and promote entrepreneurship in an attempt to complement its efforts to create 110,000 new jobs by the end of the current electoral term.
Olli Rehn (Centre), the Minister of Economic Affairs, said in a news conference yesterday that the measures are also an attempt to make up for the fact that the main emphasis of industrial policy-making is traditionally on large businesses.
- Category: Business
- Created on 13 April 2016
Kesko will begin the conversion of Siwa and Valintatalo corner shops into K-markets next month after securing the requisite approval for its takeover of the operator of the corner shops, Suomen Lähikauppa.
The retail conglomerate states in a press release that the conversions, which are to be completed by the end of next year, will be part of a thorough renewal of its grocery shop network. “As the store network expands, Kesko will recruit and train hundreds of new K-retailers,” it highlights.
President Barack Obama’s visit to Cuba reflects a new way of formulating and implementing U.S. policy toward Cuba. This new policy is different not only from the sanctions that had been the long-standing U.S. policy toward Cuba but also from the policies suggested by the leading U.S. presidential candidates. Obama’s new policy toward Cuba starts from a different premise the United States will make decisions that reflect its values and its interests, independent of what the Cuban government may or may not do.
The ranks of the unemployed have grown to a 15-year high, according to the most recent Labour Force Survey by Statistics Finland.
The statistical institution reported earlier today that an average of 252,000 people were unemployed in Finland in 2015, representing an increase of 20,000 from the previous year. The unemployment rate, as a result, crept up by 0.7 percentage points year-on-year to 9.4 per cent.
One-half of parents in Finland are concerned that their use of social media is occasionally excessive, finds a survey commissioned by If P&C Insurance.
The casualty and property insurer reports that parents with under school-aged children are particularly concerned about the amount of time they spend on social media. More than ten per cent of them estimated that their use of social media is often excessive, while the corresponding percentage for the entire population is roughly six per cent.
Metso has been dragged into the controversy surrounding the so-called Panama Papers.
Investigative journalists at YLE reported yesterday that a regional sales manager at the provider of technology for the process industries has re-sold valves delivered to their end-users by Metso for personal profit through one of his five companies registered in Panama.
The leaders of several religious communities have expressed their concerns about the hardening of attitudes in Finland and the deterioration of the principle of equal treatment in Europe.
“Our concerns arise from a change in attitudes towards refugees and asylum seekers as well as acts that promote disparity and violate human rights all over Europe,” the leaders state in an unusual guest contribution published by Helsingin Sanomat.
Björn Wahlroos, the board chairman at Nordea, Sampo and UPM, has delivered an incisive assessment of the economic conditions in Finland in an interview with Hufvudstadsbladet.
“The country is practically a lost cause. The fact that industrial investments haven't surpassed depreciations for seven years means the industrialisation of Finland may have reached the end of the road,” he stated to the Swedish-language daily on Thursday.
A decline in educational achievements could have significant repercussions for the economy of Finland, warns the Confederation of Unions for Professional and Managerial Staff (Akava).
Akava points out in a press release that the average score of Finns in PISA tests in mathematics and natural sciences dropped by 23.5 points in 2006–2012, according to a study carried out by the Organisation for Economic Co-operation and Development (OECD).
- Nordea wants nothing to do with tax avoidance, says CEO
- Nokia's lay-offs should also be seen as an opportunity, says ex-shop steward
- Open data creates new business
- Rovio posts first loss-making year since launch of Angry Birds
- Stubb calls for patience in wake of Panama Papers leak
- Nokia to shed 1,300 jobs in Finland
- Outokumpu to cut up to 600 jobs
- Government details new spending cuts, transport infrastructure investments
- Niinistö: EU-Turkey migrant deal is at least an attempt to solve the crisis
- Nordea comes under criticism for alleged ties to tax havens