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The Finnish government on Thursday said it plans to do away with the transfer tax exemption granted to first-time home buyers in a bid to pay for a broader lowering of transfer tax rates, a move it expects to re-ignite real estate sales. Interest groups and opposition members alike voiced their concern about the plan’s impact on young people’s ability to acquire their first home.
In a groundbreaking initiative, Finland is set to embark on its most extensive biodiversity project, Priodiversity LIFE, funded by a remarkable €50 million, with €30 million contributed by the EU LIFE programme. Spanning eight years, this collaborative effort aims to combat the pressing issue of biodiversity loss through innovative approaches, widespread collaboration, and the exploration of new funding methods.