Finland’s New Government Plans Spending Spree, Iltalehti Reports
- Tax increases, sales of state assets to fund higher spending
- Incoming government plans to avoid taking on additional debt
This article is for subscribers only.
Finland’s next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday.
The incoming cabinet, led by Prime Minister designate Antti Rinne of the Social Democrats, is due to unveil its program and composition, including ministerial portfolios, on Monday. Here are some highlights of the planned measures.