• Finland agrees to form five-party government

      Finland agrees to form five-party government

      Finland is to have a five-party coalition government after last Sunday the leaders of these parties successfully concluded talks to form a new government. Social Democrat leader Antti Rinne is set to become the country's first leftist prime minister for 20 years. “The government programme is ready and ministerial posts have been allocated,” he wrote in Twitter.

    • Leftist party set to win Finland elections

      Leftist party set to win Finland elections

      Finland may usher in its first leftist prime minister in two decades in the parliamentary elections today, as voters worry over the future of the country's generous welfare system and the costs of caring for a rapidly ageing population, polls ahead of the vote show. Such success of the Finland's Social Democrats would mark a departure not only for the country but also elsewhere in the region, where leftist parties have struggled in recent years, yielding some of their hold on the working class vote as anti-immigration nationalists of various stripes emerge.

    • Finland pushes for CO2 neutrality

      Finland pushes for CO2 neutrality

      Finland wants the EU to agree to achieve a net-zero carbon footprint by 2050, Environment Minister Kimmo Tiilikainen said on Monday as the Union's ministers met to discuss a climate protection plan. Finland, which will take over the EU's rotating presidency in the second half of 2019, has called for leadership in combating climate change after US President Donald Trump decided to pull out of the global Paris deal.

    • Finnish Nightingale Health receives €20m EIB loan

      Finnish Nightingale Health receives €20m EIB loan

      The Investment Plan for Europe, or Juncker Plan, is reportedly backing a €20m European Investment Bank (EIB) loan to Finnish company Nightingale Health. The company will use the financing to further develop its blood analysis technology, which facilitates the detection and prevention of chronic diseases.

    • EU funds Finnish companies

      EU funds Finnish companies

      The European Investment Bank (EIB) has concluded an agreement with Tesi, a state-owned investment company, to provide innovative small and medium-sized enterprises in Finland with access to €100 million worth of loans. Furthermore, the funding is structured to be complemented by private sector co-investments with another €100m, totalling €200m of new investments to the benefit of SMEs and mid-caps. Tesi is EIB’s first partner in the Nordics that channels EFSI-guaranteed financing to companies as direct capital investments.