Housing prices in Finland are expected to have the biggest drop this year since 1993, according to a housing market review conducted by Hypo, a Finnish credit institution specializing in this sector. High interest rates, [Read More]
Finland’s conservative National Coalition Party leader Petteri Orpo announced on Thursday that he will begin talks next week to form a government consisting of four parties. The National Coalition Party, the right wing Finns Party, [Read More]
The U.S. dollar inched up in late trading on Thursday as investors see high probability of another rate hike by the Federal Reserve in early May. The dollar index, which measures the greenback against six [Read More]
Operating profit of Finnish telecommunications equipment maker Nokia fell below market expectations for the first quarter (Q1) of 2023, according to the company’s financial report. Nokia’s net sales were up year-on-year to 5.9 billion euros [Read More]
Finland’s fertility rate was the lowest on record in 2022, Statistics Finland said in a press release on Friday. Last year, the country registered 1.32 births per woman, the lowest level since the records started [Read More]
Finland is building a fence on its border with Russia, the country’s Border Guard said in a press release on Friday. Finland’s Parliament reached a consensus on the construction of the fence in 2022 and [Read More]
While inflation in Finland fell to 7.9 percent in March from 8.8 percent in February, food prices have stayed high, according to data published by Statistics Finland on Friday. The decrease in inflation was driven [Read More]
After over a decade’s delay, the huge Finnish nuclear power plant Olkiluoto3 (OL3) went into commercial production on Sunday, making Finland almost self-sufficient in electricity supply. According to the plant operator Teollisuuden Voima Oyj(TVO), OL3 [Read More]
Finland’s Defense Minister said the discussion about the possible transfer of Finnish fighters abroad is “currently irrelevant”, reported Uutissuomalainen, a joint news service in Finland, on Tuesday. Finnish Defense Minister Antti Kaikkonen said this when [Read More]
Finnish Prime Minister Sanna Marin announced Wednesday that she will step down as the chair of the Social Democratic Party but will remain in the position until the next party convention scheduled for September. Her [Read More]
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