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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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Excise duty Excise duty is an indirect tax on the consumption or use of a product. Excise duty is mainly levied for the purpose of supporting central government finances through tax revenues, but a number of excise duties also have other goals, su...https://vm.fi/en/excise-duty
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30.4.2026 | 1 Liite 1. Maakohtaisten suositusten toimeenpano (CeSaR) Finland's contribution to the Country-specific recommendations (CSR) assessment1 Semester Cycle 2026 CSR.2025.1 CSR 1 Subpart 1: Reinforce overall defence and security spending and readiness...https://vm.fi/documents/10623/0/Liite%201_CeSaR_27.4.2026%20(1).pdf/6759e135-ae7b-3b43-4e2b-506a285dfd05?t=1777526166181
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27.3.2026 | The Ministry of Transport and Communications and the Ministry of Finance have completed a joint outlook review of the current state of transport taxation and financing, and options for reform. The review report is the first part of the Government’s comprehensive reform of transport taxation and financing set out in the Programme of Prime Minister Petteri Orpo’s Government.https://vm.fi/en/-/1410829/review-of-reforming-transport-taxation-and-financing-completed
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EUROPEAN COMMISSION Brussels, XXX […](2025) XXX draft ANNEX SENSITIVE* UNTIL ADOPTION ANNEX to the Proposal for a COUNCIL IMPLEMENTING DECISION amending Implementing Decision (EU) (ST 12524/21 INIT; ST 12524/21 ADD 1) of 29 October 2021 on the app...https://vm.fi/delegate/file/206053
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2.5.2026 | EUROPEAN COMMISSION Brussels, XXX […](2025) XXX draft ANNEX SENSITIVE* UNTIL ADOPTION ANNEX to the Proposal for a COUNCIL IMPLEMENTING DECISION amending Implementing Decision (EU) (ST 12524/21 INIT; ST 12524/21 ADD 1) of 29 October 2021 on the app...https://vm.fi/delegate/file/206052
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30.4.2026 | 1(57) Liite 2 Elpymis- ja palautumissuunnitelman toimeenpano (Fenix)1 CSR Subpart Measure name Milestone/target name Target date for implementation (latest reporting) Status (MS reporting) 2019.CSR1.2 Preparation of the social welfare and health c...https://vm.fi/documents/10623/0/Liite%202%20fenix_27.4.2026%20(1).pdf/217e0ba6-7554-1693-1ccc-677fbca098fb?t=1777526205606
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19.1.2026 | The International Monetary Fund (IMF) published its annual report on the Finnish economy on Monday 19 January. According to the IMF, efforts to strengthen public finances will have to continue for several years.https://vm.fi/en/-/imf-recommends-continued-fiscal-adjustments
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28.4.2015 | In the lead-up to a major climate conference in Paris a coalition of governments is calling for the phase-out of subsidies to fossil fuels.https://vm.fi/en/-/194055633/finland-calls-for-phase-out-of-fossil-fuel-subsidies
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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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28.4.2025 | 1(35) Liite 2 Elpymis- ja palautumissuunnitelman toimeenpano (Fenix)1 CSR Subpart Measure name Milestone/target name Target date for implementation (latest reporting) Status (MS re- porting) 2019.CSR1.subpart2 Preparation of the social welfare and...https://vm.fi/documents/10623/307581/Liite%202%20Elpymis-%20ja%20palautumissuunnitelman%20toimeenpano%20(Fenix).pdf/248371cf-d045-23fc-20a9-e31a981b4e0e/Liite%202%20Elpymis-%20ja%20palautumissuunnitelman%20toimeenpano%20(Fenix).pdf?t=1745816083276
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28.4.2025 | 1 Liite 1. Maakohtaisten suositusten toimeenpano (CeSaR) Finland's contribution to the Country-specific recommendations (CSR) assessment Semester Cycle 2025 CSR.2024.1 CSR 1 Subpart 1: Submit the medium-term fiscal-structural plan in a timely mann...https://vm.fi/documents/10623/307581/Liite%201%20Maakohtaisten%20suositusten%20toimeenpano%20(CeSaR).pdf/8cad6d49-e13b-db5a-fb9f-ca02dbe8565c/Liite%201%20Maakohtaisten%20suositusten%20toimeenpano%20(CeSaR).pdf?t=1745816054896
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8.12.2023 | Finland will use new REPowerEU funding to speed up the transition to clean energy. The EU’s Economic and Financial Affairs Council approved the REPowerEU chapter of Finland’s Recovery and Resilience Plan (RRP) on Friday 8 December.https://vm.fi/en/-/eu-approves-supplement-to-finland-s-recovery-plan
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14.6.2024 | On 14 June 2024, the Ministry of Economic Affairs and Employment granted to nine different projects a total of EUR 46.4 million in RRF energy investment aid under the Sustainable Growth Programme for Finland. Of the aid, EUR 24,553,932 will be allocated to three clean transition investments (REPowerEU) and EUR 21,864,440 to six energy infrastructure projects.https://vm.fi/en/-/1410877/eur-46.4-million-in-investment-aid-granted-to-nine-clean-transition-repowereu-and-energy-infrastructure-projects
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5.10.2023 | The Government approved the proposal for the REPowerEU chapter of Finland’s Recovery and Resilience Plan. The chapter includes measures to speed up environmental permit procedures, research on clean energy and investments in the clean transition.https://vm.fi/en/-/finland-to-use-new-eu-funding-to-accelerate-transition-to-clean-energy
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28.6.2024 | On 24 June, the Ministerial Committee on Economic Policy decided that the Ministry of Finance would continue preparing a tax subsidy for large industrial investments that promote the clean transition. This tax subsidy would accelerate investments in the green transition.https://vm.fi/en/-/194055633/preparation-moves-forward-on-tax-subsidy-for-large-investments
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5.9.2023 | Finland is using new REPowerEU funding to promote the transition to clean energy. The Ministry of Finance is requesting comments on its proposal for projects to be funded.https://vm.fi/en/-/eu-funds-transition-to-clean-energy-ministerial-committee-supports-proposal-for-projects-to-be-funded-in-finland
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17.6.2022 | Accelerating inflation is slowing economic growth. Finland’s gross domestic product will grow by 1.4% this year, estimates the Ministry of Finance in the Economic Survey published on 17 June.https://vm.fi/en/-/outlook-for-economic-growth-remains-subdued
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21.5.2024 | In its meeting on Tuesday 21 May, the Government agreed on the second supplementary budget proposal for the current year. The proposal supports the Government’s objective of keeping the general government deficit under 3.5 per cent of GDP in 2024.https://vm.fi/en/-/194055633/government-reaches-agreement-on-second-supplementary-budget-proposal-for-2024
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23.5.2022 | Minister of Finance Annika Saarikko will represent Finland in the meeting of EU and euro area finance ministers in Brussels on 23–24 March.https://vm.fi/en/-/finance-ministers-to-discuss-the-eu-s-economic-outlook-and-the-economic-effects-of-the-ukraine-crisis