The government will cut EUR 190m from vocational education from the beginning of next year onward. In practice this means a decrease of approximately 18 000 vocational education places, a third of total freshmen places available for the youth. Places… Read More ›
According to Prime Minister Juha Sipilä, the government has to find solutions to improve Finland’s competitiveness. A particular challenge is the 10 billion euro sustainability gap. The government has decided to cover 4 billion euros with savings, around four billion… Read More ›
This initiative, certainly inspired by Greece’s difficulties and the attitude of the eurozone Member States, should not been taken lightly, as a majority of the Finnish population seems to become quite sceptic, and may welcome at least a debate on the topic, in particular when the EU Commission and some countries wants to go towards more economic integration.
Even if the referendum was an act of democracy, even if the EU has proven that it is not able to handle a crisis efficiently, even if we can have sympathy for the Greek citizens, there will not be a… Read More ›
It seems a common misconception among the Finns that the separation of Greece from the eurozone would solve its current problems, when in truth, an uncontrolled separation and the country’s insolvency would cause not just an even bigger humanitarian crisis in Greece but also deeply affect the economies of all EU countries.
Translation of a post published on Erkki Tuomioja blog Lengthening work hours without pay and a five percent productivity increase is the core thought of Sipilä‘s conservative cabinet, and it is still very much alive – regardless of the fact… Read More ›
The first steps of the government have not been particularly successful, and a lot of critics have been generously provided by the opposition on the measures included in the government programme. With some exceptions, in particular inappropriate declarations by individual… Read More ›
Juhana Vartiainen is the director of the VATT Institute for Economic Research, which analyses public finances in Finland and evaluates economic reforms. He is a recognised – and extremely interesting – expert. Until some weeks ago, he was a well-known… Read More ›
Jan von Gerich, Chief Strategist for the Nordea bank (Finland), gives his views on the Euro zone, the negotiations with Greece and the future prospects for the European and Finnish economies.
The shock between Greece and Germany is going to lead soon to Greece leaving the Euro zone, and the EU is facing a possible end of the Euro.
Finland Politics 