Finland’s Right-Wing Cabinet Lets Deficit Grow as Economy Hurts

Finland’s government hammered out a budget for 2024 more in deficit than previously projected and contrasting with its election pledges of fixing the Nordic country’s finances.

The pro-business coalition that won April’s general election with a promise to be responsible with money put together its first spending plan with a shortfall of €11.5 billion ($12.3 billion). That’s more than the €10.1 billion proposed by the Finance Ministry in its August draft budget that formed the starting point for Tuesday’s talks.