Economy & Business

New rules for restaurants, cafes and bars introduced from 1st June

Ministers have announced a new set of rules for restaurants, cafes and bars when they open on 1st June after an extended coronavirus lockdown. Speaking in Helsinki, Minister of Family and Basic Services Krista Kiuru (SDP) outlined the plan that...

Finnair to increase international flights from July

Finnair is set to increase its international flights from July, and will review the schedule on a monthly basis depending on how many tickets are sold. The airline cut 90% of its services during the coronavirus crisis when travel restrictions...

Mixed reaction as government unveils new coronavirus business fund

The government has unveiled a new fund to help businesses stay afloat, and hopefully avoid bankruptcies and mass unemployment during the coronavirus crisis. Minister of Economic Affairs Mika Lintilä (Centre) outlined the new package which is available to companies whose turnover...

Alko sales jump 23% in April, during coronavirus lockdown

Finland's state alcohol monopoly Alko sold 23% more booze in April this year compared to the year before. The increase coincides with the most stringent lockdown measures during the coronavirus crisis when bars, cafes, restaurants and other licensed premises were...

Green ideas: How to rebuild Finland after the pandemic, with a focus on the environment

As Finland looks ahead to a period of economic rebuilding and societal recovery after the worst months of the coronavirus crisis, ministers have repeatedly emphasised the importance of 'green spending' - making investments in the future that are economically...

Radical reforms proposed to stop decade of economic loss

A working group tasked with coming up with ideas for Finland to return to financial good health after the coronavirus crisis has laid out a set of radical reform proposals impacting education, the economy and working life. The economic advisory...

Government to think again on “lousy” restaurant compensation package

The Government is to reconsider its compensation package for restaurants, cafes and licensed premises after a chorus of complaints that the deal, unveiled just 24 hours before, is deeply flawed. The €123 million plan included an element worth €83 million...

Ferry companies launch sea crossings from mid-May

Two of Finland’s biggest ferry operators Tallink-Silja and Viking Line say they’ll resume sea crossings from mid-May. On that date the government says it will open up Schengen borders for work travel and other essential journeys, and in practice that means passengers can again...

Government cooks up €123 million support package for restaurant industry

The government has unveiled a new package of financial aid for restaurants, cafes and bars which were forced to close down when nationwide restrictions were imposed to slow the spread of coronavirus in early April. Restaurants, cafes and licensed premises...

Finland’s basic income experiment reports mixed results

The final official report looking into Finland's basic income experiment concludes that there were some positives and negatives along the way. The two year basic income experiment was carried out in 2017-2018 and was hailed as the first nationwide, random...

Latest News

Morning headlines: Friday 10th July 2020

Another prediction for Finland's shrinking economy   Mortgage credit specialists Hypo predicts that the Finnish economy will shrink by 7% this year, the latest organistion...

Museums hope for post-lockdown July visitor boom

After months of lockdown and coronavirus restrictions, Finland's museums are hoping for for a visitor boom in July. There's already been a rise in the...

New proposals for maximum police response times in cities, countryside

The National Police Board is proposing new maximum response times for officers on call-outs, depending on which part of the country the 112 emergency...

Finnish diver dies in Lofoten Islands accident

A Finnish man has died in a diving accident in northern Norway. The University of Northern Norway says on Twitter that the incident took place in Fiskebøl in...

Morning headlines: Thursday 9th July 2020

Justice Minister: Special preparations in place for 2021 elections Minister of Justice Anna-Maja Henrkisson (SFP) tells Uutissuomalainen newspaper group that there could be special preparations put...

Police make arrests after shot fired at Helsinki bar

Police in Helsinki say they've made several arrests after a shooting at a Helsinki karaoke bar which left one person injured. It happened on Snellmaninkatu...

First group of child migrants arrives in Mediterranean deal

The first group of children and young people from refugee camps in the Mediterranean region arrived in Finland on Wednesday. The 24 minors, aged 10...

Finland opening borders to more foreign travelers

The government says it's easing border restrictions with more than 20 countries, so that visitors will be able to come to Finland for any...