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Petteri Orpo (NCP), the Minister of Finance, took part in a panel discussion on the state of labour markets in Finland in Pori on 13 July, 2017.
Petteri Orpo (NCP), the Minister of Finance, took part in a panel discussion on the state of labour markets in Finland in Pori on 13 July, 2017.

 

Petteri Orpo (NCP), the Minister of Finance, hopes that the round of collective bargaining negotiations scheduled for this autumn will yield “smart and sensible” results.

The Finnish government, he reveals, may be willing to facilitate the bargaining negotiations by introducing tax concessions to promote the purchasing power of wage earners and, thereby, to foster domestic demand.

“We’ll look after purchasing power. It’s important for both wage earners and domestic demand. That’s where we as the government may have a role come autumn,” he stated during a panel discussion on labour markets at Suomi Areena on Thursday.

Orpo reminded that additional economic and social policy measures will be required to cement the country’s economic growth on a solid basis.

“Our economy has now grown for a couple of months. The Minister of Finance’s role is such that you have to remind that a couple of months of growth don’t guarantee that you’re on a solid basis,” he told.

Aleksi Teivainen – HT
Photo: Martti Kainulainen – Lehtikuva
Source: Uusi Suomi

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