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8.5.2026 | The tax credit would encourage companies to carry out major investments in industries and technologies that reduce dependence on fossil fuels and promote the clean transition. The Ministry of Finance is requesting comments on the proposal.https://vm.fi/en/-/proposal-to-extend-tax-credit-for-clean-transition-investments
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12.12.2025 | The Council of the European Union will adopt the recommendations for corrective measures in January when deciding to open an excessive deficit procedure.https://vm.fi/en/-/european-commission-issues-recommendations-to-rectify-finland-s-excessive-deficit
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25.11.2025 | Finland does not meet the EU’s criteria for public deficit, according to the European Commission. The Commission is considering proposing that the EU open an excessive deficit procedure for Finland.https://vm.fi/en/-/european-commission-considers-proposing-to-open-excessive-deficit-procedure-for-finland-in-december
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The annual European Union budget is based on the multiannual financial framework. The framework sets the limits for each spending category in the annual budget.https://vm.fi/en/eu-budget
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European Semester The European Semester for economic policy coordination, also just called the European Semester, is an annual process in which the European Union coordinates and monitors economic policy. During the European Semester, the European...https://vm.fi/en/european-semester
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EU and the economy The economies of the EU countries have become closely integrated, and the countries in the euro area in particular have common interests. For this reason, the economic policy of the member states is coordinated by the Economic a...https://vm.fi/en/eu-and-the-economy
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Towards Interoperable Europe Interoperable Europe is a decades-long strategic goal. The aim is to ensure that citizens and businesses have access to better and more efficient digital public services in the European Union. The provision of digital ...https://vm.fi/en/interoperable-europe
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Piloting European Digital Identity Wallet The EU is developing common legislation for European Digital Identity Wallet , and Finland is actively participating in this work. The underlying goal of European Digital Identity Wallet is to develop secu...https://vm.fi/en/piloting-european-digital-identity-wallet
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EU digital statutes lay the ground rules for operating in the digital age The EU is currently preparing and has already issued a number of digital and data statutes. The aim of these statutes is to make the digital operating environment as functio...https://vm.fi/en/digital-statutes-in-the-eu
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EU fiscal rules EU fiscal rules set a framework for the management of public finances in the Member States. The rules are part of economic governance. Key treaties include the Treaty on the Functioning of the European Union and the Stability and G...https://vm.fi/en/fiscal-rules
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EU and the economy The economies of the EU countries have become closely integrated, and the countries in the euro area in particular have common interests. For this reason, the economic policy of the member states is coordinated by the Economic a...https://vm.fi/en/EU-and-the-economy
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The Sustainable Growth Programme for Finland is being prepared by the Ministry of Finance and involves extensive collaboration with other parties. These include ministries, the Regional Councils, other regional entities, business and industry, and the research sector.https://vm.fi/en/process
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Revised eIDAS Regulation and European Digital Identity Wallets In the spring of 2024, the European Parliament and the Council adopted the revised eIDAS Regulation, which regulates cross-border electronic identification and trust services for elect...https://vm.fi/en/european-digital-identity-wallet
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fi sv en Fiscal policy Fiscal policy is part of the Government’s economic policy. Fiscal policy objectives, namely how the public economy collects and allocates funds, are agreed in the Government Programme. Decisions on taxation, social security ...https://vm.fi/en/fiscal-policy
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Finnish Productivity Board The Productivity Board is an independent expert body operating in connection with the Ministry of Finance. It is the Board’s responsibility to monitor the development of productivity and competitiveness of the Finnish ec...https://vm.fi/en/finnish-productivity-board
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Questions and answers about the European wallet application The legislation and technical specifications for European wallet applications are not yet complete and may change as work continues. This could affect some of the answers in this FAQ. Do ...https://vm.fi/en/questions-and-answers-about-the-european-wallet-application
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Negotiation and collective bargaining Office for the Government as Employer (VTML) is one of the central labour market or-ganisations on the national level. The combined agreement at central level, the Collective Agreement for State Civil Servants...https://vm.fi/en/collective-bargaining
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Taxation of asset transfers Transfers of real estate and securities are subject to asset transfer tax collected by the state. The recipient of the transfer, such as a party purchasing a residential building, is liable to pay asset transfer tax. Re...https://vm.fi/en/taxation-of-asset-transfers
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The EU is seeking to cut its dependency of Russian fossil fuels and to speed up the transition to clean energy. To this end, the EU launched the REPowerEU plan, which is part of the Recovery and Resilience Facility (RRF). Finland will receive a maximum of EUR 127 million in new funding.https://vm.fi/en/repowereu2
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International comparison of the Finnish economy The International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD) are regularly monitoring the implementation of the Finnish economic policy and issue recomme...https://vm.fi/en/international-comparison-of-the-finnish-economy