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Announced on 2 April, the decision has kindled discussion in Finland. Minister of Finance Riikka Purra (PS) has suggested it was due to the ongoing strikes in Finland, a suggestion that has been dismissed by SSAB. The Finnish Climate Change Panel, meanwhile, has viewed that it could complicate efforts to achieve carbon neutrality by 2035.
As a two-week political strike looms, the Central Organisation of Finnish Trade Unions (SAK) has issued a public plea to Prime Minister Petteri Orpo to find common ground.
The financial situation of businesses has deteriorated at the start of the year, marking the weakest economic position in recent years, according to a new Entrepreneur Survey. Only 52% of small and medium-sized enterprises (SMEs) described their financial situation as very good or fairly good in February, a decrease from 55% in December. Conversely, 17% of respondents now view their economic standing as fairly or very poor, indicating a challenging situation for approximately 75,000 businesses.
A recent Entrepreneur Gallup poll has highlighted a significant downturn in the financial situation of small and medium-sized enterprises (SMEs) in Finland. The survey, conducted in early November with responses from 1,300 SME representatives, indicates that the economic outlook for these businesses has notably worsened, casting a shadow over the country’s entrepreneurial landscape.