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Finnish economy falls into recession: OP
The Finnish economy has slipped into recession as predicted, and Finland's Gross Domestic Product (GDP) will decline by 0.3% this…
More bankruptcies filed in October
A total of 269 bankruptcy proceedings were instigated in October 2023, which is 53 more than in the corresponding period one year…
OL3 nuke plant halted due to malfunction
Electricity production at the Finnish nuclear unit Olkiluoto 3 (OL3) has been interrupted due to a fault in the turbine plant, operator…
Number of open job vacancies decreases in Q3
There were 42,400 open job vacancies in the third quarter of 2023, while the figure was 59,000 one year before, according to Statistics…
Govt forecasts bleak labour market
The situation in Finland’s labour market is looking bleak, according to a forecast published by the Ministry of Economic Affairs…
Inflation drops slightly to 4.9% in October
The year-on-year change in consumer prices was 4.9 per cent in October, according to Statistics Finland. In September, inflation stood…
Companies bosses see govt efforts to integrate immigrants inadequate
About 80% of executives of large companies said that that Finland is not making enough efforts to integrate immigrants, according to a…
Wages, salaries grow by 5.2% in September
The working day adjusted wages and salaries sum of the whole economy was 5.2 per cent higher in September 2023 compared to the…
EK for EU 2040 climate target to boost green economy
The Confederation of Finnish Industries (EK) demanded that the European Union must maintain climate leadership through an ambitious…
Cash use in Finland on wane: OP
The Covid pandemic accelerated the move away from cash, and the trend shows no signs of turning, according to Financial Group OP. Cash…