Heidi Hautala (Greens), a Member of the European Parliament, has criticised the newly-appointed Minister for Foreign Affairs, Timo Soini (PS), for his comments about her inclusion on a blacklist drawn up by Russia, MTV reports.
Soini wrote in his blog on Saturday that there is no need to over-dramatise the blacklist.
- Category: Business
- Created on 01 June 2015
Finnish start-ups have truly piqued the interest of venture capitalists.
The Finnish Venture Capital Association (FVCA) has reported that relative to gross domestic product the early-stage investments received by domestic start-ups were second only to Sweden in Europe last year, outstripping countries such as Ireland, Norway, Switzerland and the United Kingdom.
A proposal tabled by the European Commission to relocate asylum seekers within the European Union – including 792 from Greece and Italy to Finland – would entitle host countries to a financial incentive of 6,000 euros per asylum seeker.
Finland would thus be entitled to some 4.8 million euros.
The Government of Prime Minister Juha Sipilä (Centre) took office on Friday.
“A government with mutual trust is a strong government. Maintain this spirit,” President Sauli Niinistö stated in his address to the 14 newly-appointed cabinet members at the Presidential Palace on Friday.
Finland has slipped in a ranking of the most cost competitive economies in the world published by the International Institute for Management Development (IMD).
The country dropped from 18th to 20th place in the competitiveness ranking particularly due to a lack of foreign direct investments, according to the Switzerland-based business school. It currently ranks behind three of its four fellow Nordic countries – Norway, Denmark and Sweden.
- Category: Business
- Created on 28 May 2015
Kesko is poised to open 30 new K-supermarkets and 100 new corner shops as well as renew its chain of K-citymarkets.
The retailer unveiled its new strategy on Wednesday, declaring that it will seek profitable growth in the grocery trade, the building and home improvement trade and the car trade business segments. Kesko estimates that it will invest approximately one billion euros in the implementation of its strategy in 2015—2017.
Olli Sademies (PS), a deputy councillor at the City of Helsinki, wrote on his Facebook page on Tuesday that asylum seekers arriving in Finland from Africa should not be allowed to have more than three children.
Male asylum seekers from the continent should therefore be forced to submit to sterilisations, according to Sademies.
Prime Minister-designate Juha Sipilä (Centre) has declared that an agreement on the government programme and the distribution of ministerial portfolios has been reached.
He also insisted that although the coalition negotiations had dragged on later than expected on Tuesday no major hurdles were encountered in the final stretch of the negotiations. “It wasn't all that tough. Distributing the portfolios is easy after the programme has been agreed upon,” he stated.
The European Commission is expected to unveil its proposal on how to relocate roughly 40,000 asylum seekers within the European Union on Wednesday.
Reuters on Friday reported that the European Commission is eager to relocate asylum seekers who have arrived by boat in Greece and Italy across the continent in response to what it considers an emergency situation in both countries.
The next government has no plans to abolish the Ministry of the Environment.
Prime Minister-designate Juha Sipilä (Centre) revealed in a news conference on Monday that participants in the coalition negotiations were presented a variety of proposals for ministry consolidations but decided not to implement any of them.
Finns are concerned about the economy and their own ability to cope with mounting bills, finds a study carried out recently by Nielsen.
Unemployment, however, is not as big a concern in Finland as it is in the European Union on an average. Unemployment is either the biggest or second biggest concern for nearly one-fourth of people in the European Union, while only one-eight of Finns admitted to being concerned about unemployment in the study.
- €1.6bn earmarked for roads and growth
- Only one in three Finns trust pension system
- Kankaanniemi kicked out of coalition talks
- Court overturns sentence for woman convicted of massacre plot
- Aarnio's actions under behind-the-scenes scrutiny for years, reports reveal
- Helsinki loses up to €60M a year due to shadow economy
- Vanhanen to head new housing task force
- Next generation of game studios hungry for success
- Finland to oppose mandatory refugee re-settlement scheme
- Sinnemäki: Tenants in city-owned flats free to offer their couch to strangers