Prime Minister Antti Rinne’s (SDP) government posed for a photograph in the House of the Estates in Helsinki on 6 June 2019. (Heikki Saukkomaa – Lehtikuva)

MEMBERS of the Finnish government have filed a report about their loans and financial holdings to the Finnish Parliament.

The report indicates that most cabinet members have housing loans and hold much of their wealth in tangible assets. The only two cabinet members with no outstanding loans were Krista Kiuru (SDP), the Minister of Social Services and Family Affairs, and Sanna Marin (SDP), the Minister of Transport and Communications.

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The Finns Party’s Jussi Halla-aho (right) and Ville Tavio (left) leaving a meeting of the right-wing party’s parliamentary group meeting in Helsinki on 7 June 2019. (Markku Ulander – Lehtikuva)

THE FINNS PARTY has raced ahead of other political parties in the wake of the parliamentary elections held in Finland in April, according to a poll commissioned by Alma Media.

The poll shows that popular support for the populist right-wing party increased by 0.9 percentage points to 20.1 per cent between May and June. The National Coalition and Social Democrats, meanwhile, saw their popularity decrease to 17.2 and 16.2 per cent, respectively.

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Asseri Kinnunen, the chairperson of the Finns Party Youth, states that the youth organisation will fight to keep its state aid. (Vesa Moilanen – Lehtikuva)

THE MINISTRY OF EDUCATION AND CULTURE has suspended the disbursement of state aid granted to the Finns Party Youth, the official youth wing of the Finns Party.

The political youth organisation will, as a result, have to pay back the 57,500 euros in state aid it received earlier this year and not receive the second half of the 115,000 euros granted to it for this year, which was scheduled for payment later this year.

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Minister of Defence Antti Kaikkonen (Centre) on Tuesday became the first to announce his interest in becoming the next chairperson of the Centre Party. (Martti Kainulainen – Lehtikuva)

ANTTI KAIKKONEN (Centre), the Minister of Defence, has thrown his hat into the race to become the next chairperson of the Centre Party.

Kaikkonen announced his interest in taking over the reins of the party in a press conference on Tuesday, saying he is not yet prepared to comment on whether he would also take on the portfolio of the minister of finance if he was elected chairperson.

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Finns and Swedes both earned an average of 3,386 euros a month in 2015, according to a study by the Labour Institute for Economic Research. (Vincenzo Pinto – AFP/Lehtikuva)

WAGE DIFFERENCES in Finland are smaller than in most other countries in Europe, finds a study conducted by the Labour Institute for Economic Research.

The Labour Institute for Economic Research reported yesterday that full-time earners in the highest income decile were earning an average of 2.7 times more than earners in the lowest income decile in Finland in 2015.

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Marko Anttila signing a Joker's shirt for a fan after world championship success on 6 June 2019

Jari Kurri, General Manager and new majority shareholder of the Jokerit KHL club, announced the latest news about acquiring 40% share by the Norilsk Nickel Harjavalta Oy company. The partners will be working together to ensure bright future for “Jokers”.

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Jyri Häkämies, the CEO of the Confederation of Finnish Industries (EK), says overhauling the earnings-related unemployment allowance scheme would also create considerable public cost savings. (Heikki Saukkomaa – Lehtikuva)

ADJUSTING earnings-related unemployment benefits is a means to create 20,000 new jobs in Finland, views Jyri Häkämies, the CEO of the Confederation of Finnish Industries (EK).

“EK is proposing that the unemployment allowance be staggered based on the duration of unemployment. The allowance would be higher at the start and would decrease by 10 per cent after three months and [again] after six months,” he wrote in a guest contribution to Kauppalehti on Monday.

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A total of 78 million cubic metres of roundwood was felled from Finnish forests in 2018, reports the Natural Resources Institute (Luke). (Roni Rekomaa – Lehtikuva)

A RECORD VOLUME of wood was harvested from forests in Finland in 2018, reports the Natural Resources Institute Finland (Luke).

Luke on Thursday revealed that a total of 78.2 million cubic metres of roundwood was felled from forests, representing an increase of roughly eight per cent from the previous year. Almost 90 per cent of the wood was used by forest industry companies and slightly over 10 per cent by heat and energy producers.

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Mikko Spolander, the head of the economics department at the Ministry of Finance, unveiled the ministry’s latest macroeconomic forecast in a press conference in Helsinki on Monday, 17 June 2019. (Martti Kainulainen – Lehtikuva)

THE MINISTRY OF FINANCE has re-ignited the debate over the attainability of the economic and employment objectives of the government of Prime Minister Antti Rinne (SDP).

The Ministry of Finance on Monday announced it has revised its growth forecast for the national economy for this year to 1.6 per cent, representing a reduction of 0.1 percentage points from its forecast in April.

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Maria Ohisalo, the newly elected chairperson of the Green League, held a press conference in Pori on Saturday, 15 June. (Roni Rekomaa – Lehtikuva)

MINISTER OF THE INTERIOR Maria Ohisalo (Greens) has been elected as the new chairperson of the Green League.

Ohisalo, a 34-year-old first-term Member of the Finnish Parliament from Helsinki, was the only candidate in the leadership election held in conjunction with the party conference of the Green League in Pori on Saturday.

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