hard times await Finns. Center leader Juha Sipilä’s coalition government has pledged to enforce an austerity program of 10 billion euros. A major responsibility for it falls on the outgoing Prime Minister, Conservative National Coalition Party leader Alexander Stubb, who becomes finance minister. The goal is that the country’s debt to be reduced later 2019th
According to Stubb, it will be cuts of 4 billion euros by 2019, to the coming actions to strengthen the Treasury. He also expects a growth package of EUR 1.6 billion.
The future prime minister Sipilä says that painful economic decisions will affect all Finns.
– Faced with the task, I must humbly admit that I have felt small. I think we’ve got about a plan that Finland can get by with, he said at a press conference.
There will be the index freezes and higher service charges. The government also announced cuts in the school area and childcare, where class sizes will increase.
It still hoping for a social contract with the social partners, in order to avoid reductions of 1.5 billion euros. The lure is a reduction of income tax.
EU issue will be will not be such a big problem during the mandate period, although the True Finns are openly anti-EU . It believes Juha Jokela, at the Foreign Policy Institute in Finland. EU policy, as well as foreign and defense policy will remain unchanged.
– The True Finns have played down this issue. They have understood that you have to compromise if they are to govern. The controversial issues, however, is the welfare and economy. On paper, there is agreement with the other parties, but the question is how well you will be able to cooperate in the government. It remains to be seen.
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