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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...

New budget gives €5.5 billion coronavirus recovery shot in the arm

The Government has unveiled it's new supplementary budget which gives a €5.5 billion shot in the arm to Finland, to help the country recover...

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...

Posti set to furlough 1,100 workers as freight business slumps during...

The Finnish postal service Posti is starting talks to lay off 1,100 staff in its Freight services; Home Services and Transval business units due...

Finland’s economy forecast to take a 5.5% coronavirus hit

The Ministry of Finance has released its economic review for 2019,  and forecasts the economy will shrink by 5.5% this year due to the...

Katri Kulmuni interview: “It would be easy if we could just...

Finland's Minister of Finance Katri Kulmuni (Centre) has been burning the candle at both ends. A marathon 16-hour video conference at the start of the...

Stockmann files for corporate restructuring

The Stockmann Group has filed paperwork with Helsinki District Court on Monday morning for corporate restructuring. It comes after the company says the coronavirus has...

Mika Lintilä: “This is the worst moment of Finland’s economic history”

Minister of Economic Affairs Mika Lintilä (Centre) says the coronavirus crisis "is the worst moment of Finland's economic history" as he set out new...

Government unveils €15 billion coronavirus bailout package for businesses

The Government has announced a €15 billion bailout package to prop up the economy and support businesses hit by the coronavirus pandemic. Speaking at a...

UpCloud gets €18 million funding for international expansion

Finnish cloud infrastructure company UpCloud has announced an €18 million funding boost that will help its international growth. The Helsinki-based company, founded in 2011, plans...