Budget

Finland

FINLAND

Draft budget 2021: more refugees, fight against human trafficking

The Nomad Today 9/16/20

The number of quota refugees to be received by Finland will be raised by 200 to 1,050 .

Economy & Business

RECESSION WORSENING

Denmark expects economy to contract 4.5% this year

The Nomad Today/dpa 9/1/20

The gross domestic product (GDP) is, however, expected to grow by 4.2% next year.

Finland

2021 BUDGET PROPOSAL

Government to raise taxes on alcohol, tobacco and heating fuels

The Nomad Today 8/12/20

The budget proposal presented by the Finance Minister foresees a deficit of 7 billion euros in 2021. Public debt will escalate to about 132 billion euros.

Finland

Finland's government adds 5.5 billion to state budget due to virus

The Nomad Today 6/3/20

The five-party centre-left coalition said it would channel the additional funds to investments in infrastructure, education and healthcare among other things.

Finland

Kela will pay 723 euros a month to parents absent from work due to Covid-19

The Nomad Today 4/8/20

The benefit will also be available to persons arriving in Finland from abroad who have been placed in quarantine-like conditions to combat the pandemic and are therefore away from work without pay.

Coronavirus

Finnish Government puts 8.9 million euros to face coronavirus epidemic

The Nomad Today 2/27/20

"On the whole, Finland is well prepared for the spread of the virus," the Government says.

Finland

Finland reinforces its R&D commitment with more funds this year

The Nomad Today 2/20/20

In this area, most government funds go to universities, although Business Finland will also increase its allocations in 2020.

Finland

Government increases grants to civil society organizations

The Nomad Today 11/21/19

Organizations supporting human rights may apply and benefit from those additional funds.

Finland

Finland Budget 2020: Government decisions to reduce inequality

The Nomad Today 9/22/19

2020 will bring changes in social policies: from increases in pensions and aid to the most disadvantaged to the dismantling of the so-called activation model, which cut unemployment benefits for…

Finland

Key figures of the Finnish Government budget proposal for 2020

The Nomad Today 9/18/19

The proposal has been heavily criticized by opposition parties. It amounts to 57.6 billion euros in expenses and includes an increase in central government spending of approximately 1.1 billion…

Finland

2020 budget: increasing child benefits and dismantling activation model

The Nomad Today 8/16/19

Of the appropriations for the Ministry of Social Affairs and Health and its administrative branch, 33% are allocated to pensions, 29% to offsetting family and housing costs and 15% to unemployment…

Finland

Government wants to turn Finland into a global work and innovation hub

The Nomad Today 8/16/19

The Ministry of Economic Affairs and Employment draft budget for 2020 includes an additional investment of 24 million euros in a new International Growth Programme. There will be 6.5 million euros…

Finland

More police officers and more Migri officials in 2020

The Nomad Today 8/16/19

The Ministry of the Interior proposes 1.53 billion euros in appropriations for its administrative branch in 2020. Among its spending plans is to increase the number of police officers and…

Finland

Budget: 3.16 billion for defence, with focus on equipment and materiel readiness

The Nomad Today 8/16/19

A considerable share, about 1.17 billion euros or 43% of the national defence appropriations will be used on materiel readiness. This includes procurement of defence materiel, equipping of troops by…

Finland

Finland draft budget 2020: tax increases and focus on foreign talent

The Nomad Today 8/15/19

The draft budget for 2020 includes strong tax increases on fuels (250 million euros), tobacco (50 million) and soft drinks (25 million), combined with a 200 million reduction of taxation on earned…

Finland

Government R&D funding increases by 108 million euros in state budget

The Nomad Today 2/22/19

The biggest categories to which funding is directed are universities’ research and development and general advancement of science