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Business
The government goes all out with more budget cuts, raises taxes
The four-party alliance government led by conservative Kansallinen Kokoomus (National Coalition Party-NCP) on Tuesday announced further spending cuts and increase in the Value Added…
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VR Scores Big Deal to Fix Up Trains for Danish Operator FleetCare
VR FleetCare has entered into a large maintenance agreement for components with the Danish train operator Nordjyske Jernbaner A/S, said national railway operator VR in a press release…
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Catch the Dip! Helsinki Port Sees Cargo Handling Drop by 8.9% in Q1
A total of 3.2 million tonnes of goods were transported through the Port of Helsinki from January to March, which is 8.9% lower than the amount of goods transported in stipulated…
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March Chills Out with Inflation Dipping to 2.2%
The year-on-year change in consumer prices was 2.2 per cent in March, according to Statistics Finland. In February, inflation stood at 3.0 per cent. The decrease of inflation from…
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Finnish economy in for a bumpy ride, warns OP
OP Financial Group's economists forecast that the Finnish economy will contract in 2024 and rebound in 2025, said OP in a press release on Friday. The outlook for the…
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Consumer Confidence Takes a Dive in March – Not a Good Sign!
The balance figure of the consumer confidence indicator stood at minus 9.4 in March, having been minus 9.5 in February and minus 9.1 in January, according to Statistics Finland. One…
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Study Shows 20% of Homeowners Worried About Property Values Taking a Hit
Nearly four home owners out of ten in Finland do not find the monetary value of their home important, according to a survey commissioned by OP Financial Group. A fifth of respondents,…
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Chaos Continues: OL3 Nuke Plant Outage Drags on for Five Days!
The outage of Olkiluoto 3 (OL3) nuclear power plant unit will be extended by five days and will end on April 20, said the owner of the plant Teollisuuden Voima Oyj (TVO) in a press…
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Jan Spots a $122 Million Trade Balance Hole – Not the Best Kickoff!
The trade balance showed a deficit of EUR 122 million in January, according to the international trade in goods statistics provided by Finnish Customs on Thursday. The aggregated…
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A Fresh Start: Finland Launches New Credit Registry
The Positive credit register and the e-service for private individuals were opened in Finland on Monday creating opportunity for the lenders to make a better assessment of the…
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