Finland and Estonia have signed a treaty on the exchange of population data. The treaty deepens digital cooperation between the countries.

Accelerating inflation is slowing economic growth. Finland’s gross domestic product will grow by 0.5% next year, according to the Economic Survey published by the Ministry of Finance on 19 September. 

The prolonged COVID-19 pandemic, Russia’s war of aggression in Ukraine and accelerating climate change have led to a situation in Finland and globally where the future seems rather uncertain. In the midst of uncertainty, decision-making is difficult. Finland will hold parliamentary elections in spring 2023, and the new Government Programme will outline policies for the next few years.

The Government is proposing a EUR 10 billion loan and guarantee scheme for the energy sector. The aim is to ensure that energy companies can function through the current exceptional situation and to secure the effective functioning of the electricity market.

The budget proposal for 2023 of Prime Minister Sanna Marin’s Government builds sustainable growth for the future, secures purchasing power and assists people with the hike in electricity prices.