Economy & Business

Latest figures: Unemployment rising, employment weakens

New figures from Statistics Finland released on Tuesday morning show the position of employment has weakened, while unemployment has risen compared with the year before. It's further evidence of the impact the coronavirus crisis has had on Finland's economy, and...

Government ‘forgot’ about restaurant and tourism industry in budget

The Finnish Hospitality Association MaRa says the government 'forgot' about the restaurant and tourism industry in the 2021 budget, which was unveiled on Wednesday. MaRa has joined with the service sector trade union PAM to call for temporary VAT cuts to...

Finnair cuts domestic flights as government guarantees regional connections

Finnair says it will continue some flight services through the winter to five regional airports, but then stop those connections at the end of March next year. The airports affected are Joensuu, Jyväskylä, Kajaani, Kemi and Kokkola. Finnair said reduced demand...

What you need to know: Finland’s 2021 budget plan

The government has formerly unveiled their 2021 budget proposals after two-and-a-half days of negotiations between ministers, and party leaders separately, in Helsinki. All the budget decisions are set against the backdrop of the coronavirus crisis which has  impacted the economy...

Two hundred new jobs as home-grown Friends & Brgrs serves restaurant expansion

Finnish burger chain Friends & Brgrs has announced it will open six more restaurants this year, creating 200 hundred new positions in cities around the country. The new restaurants will open in Helsinki, Espoo, Lappeenranta, Kuopio and Rovaniemi; adding to the 10...

Budget talks continue for second day, as 2021 deficit could top €7 billion

Government party leaders are meeting again in Helsinki for a second day of talks to set the 2021 budget. It's supposed to be the last day of discussions, however, Prime Minister Sanna Marin (SDP) says it looks like talks will...

470 jobs to be axed as Neste announces closure of Naantali refinery

Finnish fuel company Neste says it is restructuring operations due to a drop in demand for fossil oil products: shuttering its Naantali refinery, and focusing more on renewables at the Porvoo plant instead. The company will start negotiations over job...

2021 budget negotiations begin under coronavirus financial constraints

Government ministers have started the latest phase of their 2021 budget negotiations today, against the backdrop of the impact the coronavirus epidemic has had on Finland's economy. Talks are taking place at House of the Estates in Helsinki, and arriving...

Finnair reduces flight capacity further for October

Finnair is set to reduce its flight capacity in October due to low demand for flights amid ongoing travel restrictions. The national carrier will cut flights on almost all routes, operation an average of 70-80 flights per day instead of...

New plans to save Lapland’s tourist industry as the clock runs down on winter holiday sales

Package holiday travel corridors, tourism bubbles, test-to-fly schemes: the government and regional tourism operators are casting a wide net to come up with ways to save Finland's highly seasonal foreign tourist industry. The raft of new initiatives which emerged over...

Latest News

Finland’s rugby champions crowned, despite disrupted Covid-19 season

Finland's domestic rugby season came to a climax this weekend after a summer season curtailed by coronavirus restrictions. Although other sports have started their competitions...

GALLERY: Autumn brings mushroom explosion to Finland’s forests

Late summer and early autumn is the time when the hidden mycorrhizae of the forest produce their fruiting bodies that are better known as mushrooms...

Report: American officials lied to Congress over Finnish journalist’s award

A new report by the US State Department's Office of Inspector General found that American officials lied to Congress about the reasons for revoking...

Experts: Finland’s United Nations bid comes with diplomatic challenges

Finland's bid to become a member of the United Nations Human Rights Council faces diplomatic challenges that mean the Nordic nation may have to...

HUS: Start wearing face masks in shops, banks, libraries, church and more

The Helsinki and Uusimaa Hospital District, Finland's biggest public healthcare provider, says they now recommend that face masks, covering nose and mouth, should be...

Morning headlines: Friday 25th September 2020

Mask recommendations extend to almost all public spaces Public health authorities have issued new recommendations that means wearing a mask which covers the nose and...

Finland tightens borders, again, amid rising Covid-19 numbers in Europe

The Government has announced new restrictions on foreigners who want to come to Finland, which come into effect from Monday 28th September. The new rules...

Viking Line picks up the bill after ferry rescue company demands cargo collaterol

Viking Line will pick up the bill for maritime salvage being levied at truck owners by the company that towed the M/S Amorella into...