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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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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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Spending limits in central government finances and the budget At the beginning of the parliamentary term, the Government decides on a framework, i.e. a ceiling for budget expenditure, and rules for the framework procedure. The spending limits for ...https://vm.fi/en/spending-limits-in-central-government-finances-and-the-budget
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18.12.2025 | Finland’s economic recovery has been weaker than expected this year. The general government deficit is wide, and the debt ratio will continue to grow, estimates the Ministry of Finance in its economic forecast published on 18 December.https://vm.fi/en/-/recovery-of-finnish-economy-delayed
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5.2.2026 | On Thursday 5 February, the Government submitted a supplementary budget proposal for 2026 to Parliament. The supplementary budget focuses on boosting growth and investments with the goal of supporting employment. The proposal also includes a decrease to revenue estimates.https://vm.fi/en/-/194055633/government-submits-supplementary-budget-proposal-to-parliament-5
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23.9.2024 | The Government has submitted its proposal for the 2025 Budget and related legislative proposals to Parliament. In the 2025 Budget, central government expenditure amounts to EUR 88.8 billion and revenue to EUR 76.6 billion, with a deficit of EUR 12.1 billion.https://vm.fi/en/-/proposal-for-2025-budget-submitted-to-parliament
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22.9.2025 | The Government has submitted its proposal for the 2026 Budget and related legislative proposals to Parliament.https://vm.fi/en/-/proposal-for-2026-budget-submitted-to-parliament
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8.8.2025 | The draft budget includes new adjustment measures by Minister of Finance Riikka Purra. The overall spending included in the draft budget is EUR 89.6 billion in total. The draft budget shows a deficit of EUR 9.9 billion, when excluding a one-off revenue entry item from the National Housing Fund.https://vm.fi/en/-/ministry-of-finance-publishes-its-draft-budget-for-2026
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6.8.2025 | The Ministry of Finance's draft budget for 2026 implements the guidelines of the Government’s spring mid-term policy review and includes the Minister of Finance's new adjustment measures proposed by the Minister of Finance to ensure that the debt ratio stabilises towards the end of the parliamentary term. The draft budget totals EUR 89.6 billion and involves a deficit of EUR 9.9 billion. When enter...https://vm.fi/en/-/draft-budget-of-minister-of-finance-riikka-purra-to-stabilise-the-debt-ratio-budget-deficit-to-be-reduced-to-below-eur-10-billion
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20.11.2025 | On Thursday 20 November, the Government submitted its proposal to Parliament to amend the budget proposal for 2026. It includes proposals to launch new transport projects and to support Ukraine. The proposal will decrease the revenue estimate by EUR 189 million and increase the requirement for appropriations by EUR 455 million.https://vm.fi/en/-/194055633/government-proposes-amendments-to-2026-budget-proposal
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30.4.2026 | The General Government Fiscal Plan guides the planning of public finances. It covers central government, wellbeing services counties, municipalities, statutory earnings-related pension funds and other social security funds.https://vm.fi/en/-/government-decides-on-general-government-fiscal-plan-for-2027-2030
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10.10.2025 | On Friday 10 October, the Government submitted its third supplementary budget proposal for 2025 to Parliament. Among other things, the proposal sets aside an appropriation for investments in the preparedness of the Finnish Defence Forces’ healthcare services for emergency conditions and updates the tax revenue estimates to correspond to the latest forecast.https://vm.fi/en/-/194055633/government-submits-third-supplementary-budget-proposal-for-2025-to-parliament
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30.4.2026 | Economic recovery in Finland will be further delayed as a result of the crisis in the Middle East. The general government deficit will widen and remain large according to the Economic Forecast published by the Ministry of Finance on 30 April.https://vm.fi/en/-/rising-energy-prices-slow-economic-growth
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28.4.2026 | The Ministerial Committee on Economic Policy has decided in favour of recruiting 500 young people for fixed-term positions in central government this year. An appropriation of EUR 4 million will be reserved for the recruitment in the second supplementary budget for 2026. The aim is to help young people find work in a challenging employment landscape.https://vm.fi/en/-/194055633/government-to-hire-500-young-people-for-fixed-term-positions
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24.4.2026 | Credit rating agency S&P Global Ratings revised its outlook of Finland’s credit rating to negative and affirmed the rating as AA+. Finland’s rating is the second highest on the scale. Minister of Finance Riikka Purra was not surprised by S&P’s decision.https://vm.fi/en/-/s-p-global-ratings-revises-finland-s-credit-rating-outlook-to-negative
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22.4.2026 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2027–2030. Both the global economy and Finland’s finances are facing challenges. In its spending limits session, the Government focused on new targeted measures to strengthen people’s confidence in the future and improve the conditions for growth and employment.https://vm.fi/en/-/194055633/orpo-government-uncertain-times-call-for-measures-to-build-confidence-and-boost-growth-1
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12.3.2024 | On Tuesday 12 March, the EU’s Economic and Financial Affairs Council decided to recommend that the European Parliament grant discharge to the Commission in respect of the implementation of the general budget of the European Union for the financial year 2022. Finland voted against the recommendation together with four other Member States.https://vm.fi/en/-/eu-must-reduce-errors-in-budget-implementation
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28.5.2025 | The Government submitted its second supplementary budget proposal for 2025 to Parliament on 28 May. The supplementary budget proposal includes investments in preparedness and transport projects, among other things.https://vm.fi/en/-/194055633/government-submits-second-supplementary-budget-proposal-for-2025-to-parliament
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16.9.2024 | The Ministry of Finance is requesting comments on a bill on a tax credit for large investments aimed at building a climate-neutral economy. The Government decided on the preparation of the tax credit as part of the Government’s growth package in its spending limits session last spring.https://vm.fi/en/-/bill-on-tax-credit-for-large-investments-aimed-at-building-a-climate-neutral-economy-sent-out-for-comments
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27.2.2025 | On Thursday 27 February, the Government submitted a supplementary budget proposal for 2025 to Parliament. The key proposal in the supplementary budget is an increase to the defence materiel assistance provided to Ukraine. The proposal also includes an increase to revenue estimates.https://vm.fi/en/-/194055633/government-submits-supplementary-budget-proposal-to-parliament-4