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Finland cuts taxes to boost growth
The government announced sweeping tax reforms on Wednesday, aimed at boosting growth and strengthening the country's global competitiveness, reported Xinhua. Prime…
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Public finances worsen in Finland in 2024
Finland's general government finances deteriorated in 2024, breaching European Union (EU) limits on deficit and debt, Statistics Finland said in a press release…
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OL3 to resume power generation by April 28 after outage
The Olkiluoto 3 (OL3) nuclear power plant unit, which remained disconnected from electricity production from March 1 due to a service outage, will resume production by…
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House rents go up in Finland in 2025 Q1
Rents of non-subsidised dwellings increased by 0.1 per cent in Greater Helsinki and by 1.4 per cent in the first quarter of this year compared to the January-March period…
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OL2 nuke plant to resume limited power generation in May
The Olkiluoto 2 (OL2) nuclear power plant unit is expected to resume electricity production on May 10, said the owner of the plant Teollisuuden Voima Oyj (TVO) in a press…
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Finland 2025 growth forecast revised down amid tariff fallout: OP
Finland's largest financial services provider, OP Financial Group, has sharply cut its forecast for the country's economic growth this year, warning that…
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Finland generates 95% power from fossil-free sources in 2024
About 95 per cent of Finland's electricity production in 2024 came from fossil-free energy sources, including nuclear, wind, hydro and solar power, and renewable…
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Generator fault again suspends power production at OL2
Electricity production at the Olkiluoto 2 (OL2) nuclear plant unit suspended on Tuesday due to increased moisture detected in the generator of the turbine plant, said the…
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Inflation remains unchanged at 0.5% in March
The year-on-year change in consumer prices was 0.5 per cent in March 2025, according to Statistics Finland. In February, inflation stood also at 0.5 per cent.…
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Valmet to cut 1150 jobs globally, 395 in Finland
Finnish engineering and manufacturing company Valmet is planning to cut about 1150 staff globally including 395 in Finland, said the company in a press release on Monday.…
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