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It is proposed that the Act on wellbeing services counties be temporarily supplemented so that the Ministry of Finance could, under certain conditions, grant permission to cover accumulated deficits by the end of 2027 or 2028 for those wellbeing services counties for which it is necessary to comply with legislation.https://vm.fi/en/project?tunnus=VM072:00/2025
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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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4.6.2025 | The European Commission recommends that the Council of the EU activate the national escape clause for Finland. The recommendation is based on increasing defence spending. The Commission does not recommend opening an excessive deficit procedure.https://vm.fi/en/-/finland-avoids-eu-excessive-deficit-procedure
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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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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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26.11.2024 | Minister of Finance Riikka Purra is pleased that the European Commission does not intend to propose opening an excessive deficit procedure for Finland.https://vm.fi/en/-/finland-avoids-eu-deficit-procedure-new-measures-may-be-needed-in-spring
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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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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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Budget and financial plan Each wellbeing services county must draw up a budget for each calendar year. The county council will approve the budget by the end of the previous year. In connection with the budget approval, the county council must also...https://vm.fi/en/budget-and-financial-plan
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Taxation of capital income In Finland, earned income and capital income are taxed separately. Capital income includes, among other things, dividend income capital income from entrepreneurial income rental income profit-share and capital gains inco...https://vm.fi/en/taxation-of-capital-income
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PUBLICATIONS OF THE MINISTRY OF FINANCE 2026:15 Economic Survey Spring 2026 The recovery of the Finnish economy will be delayed because of the crisis in the Middle East and rising energy prices. GDP will grow by only 0.6 per cent in 2026, but grow...https://vm.fi/en/economic-survey-spring-2026
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PUBLICATIONS OF THE MINISTRY OF FINANCE 2024:69 Economic Survey, Winter 2024 The Finnish economy switched from a downturn to slight growth in the first part of the year but, on an annual basis, gross domestic product (GDP) will be 0.3% lower in 20...https://vm.fi/en/economic-survey-winter-2024
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PUBLICATIONS OF THE MINISTRY OF FINANCE 2025:62 Economic Survey, Winter 2025 The recovery of Finland’s economy is delayed, and gross domestic product (GDP) growth is only 0.2 per cent this year. Growth has been slowed down by the weak domestic dem...https://vm.fi/en/economic-survey-winter-2025
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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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PUBLICATIONS OF THE MINISTRY OF FINANCE 2025:31 Economic Survey, summer 2025 In 2024, Finland’s gross domestic product (GDP) contracted by 0.1% at the annual level, but the economy returned to growth during the year. A slowdown in inflation, lower...https://vm.fi/en/economic-survey-summer-2025
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JULKISEN TALOUDEN SUUNNITELMA VUOSILLE 2027—2030 2 SISÄLLYSLUETTELO 1. Taloudelliset lähtökohdat ..........6 1.1. Talouden näkymät ..........6 1.2. Julkisen talouden näkymät ..........7 1.3. Julkisen talouden kestävyys ..........8 2. Talous- ja fi...https://vm.fi/delegate/file/229057
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PUBLICATIONS OF THE MINISTRY OF FINANCE 2025:14 Economic Survey, Spring 2025 In 2024, Finland’s gross domestic product (GDP) contracted by 0.1% at the annual level but the economy returned to growth during the year. A slowdown in inflation and fal...https://vm.fi/en/economic-survey-spring-2025
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2.5.2026 | VALTIONEUVOSTON SELONTEKO JULKISEN TALOUDEN SUUNNITELMASTA VUOSILLE 2027—2030 VNS 3/2026 vpVNS 3/2026 vp 2 SISÄLLYSLUETTELO 1. Taloudelliset lähtökohdat ..........6 1.1. Talouden näkymät ..........6 1.2. Julkisen talouden näkymät ..........7 1.3. ...https://vm.fi/delegate/file/229060
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Ministry of Finance's task is to stabilise general government finances, safeguard sustainable economic growth and to ensure that public services and administration are effective and efficient.https://vm.fi/en/frontpage?decisionId=5406