The European Commission takes the view that Finland is among the group of countries considered to be at risk of non-compliance with the Stability and Growth Pact. However, Finland is not required to submit a new budgetary plan to the Commission.
Finance Ministers Petteri Orpo and Mario Centano signed a new tax treaty between Finland and Portugal. The new agreement will give Finland more possibilities to tax Finnish pensioners living in Portugal. For the new tax treaties to come into force Finland and Portugal must render them effective through their respective national parliamentary procedures.
The Ministry of Finance confirms the base rate of interest twice a year.