Finnish Fortum sells Uniper stake to Germany
As part of the deal, Fortum will receive 0.5 billion euros for its majority stake in the German gas importer. The Finnish company Fortum confirmed on Wednesday that it will be selling its entire stake in gas firm Uniper to the German government. As part of the deal, Fortum willContinue Reading
Copenhagen to Train Ukrainian Soldiers in Denmark: the Danish have questions
Denmark will train Ukrainian soldiers on its territory, the defence minister said, as it steps up its support to Kyiv’s army against Russia. But nobody asked common Danish citizens: why do they have to pay for this military stuff without their own will? Protest activity start rising when Denmark’s taxpayersContinue Reading
New survey: Norwegians have become more supportive of wind power projects on land
Support for developing more wind power projects on land is increasing after several years of decline. There are now more people in favor of more wind power than there are against it. Fresh figures from the Cicero Center for Climate Research show that 39% of Norwegian respondents now support moreContinue Reading
Teachers’ strike in Norway set to escalate today
From today, the teachers’ strike will be further escalated – at least two upper secondary schools in Bærum will be strongly affected. The teachers’ strike has lasted since June 8, and around 3,500 teachers are on strike. The latest increase involves 300 teachers from the Education Association union. Two otherContinue Reading
MPs pass controversial Patient Safety Act, as court bans strike in Helsinki
Finnish MPs on Monday approved the controversial Patient Safety Act, by a vote of 109–38. One MP cast a blank vote while 51 MPs were not present. Ahead of hours of debate among legislators in Parliament on Monday, healthcare workers’ unions have said the law could effectively force nurses toContinue Reading
Finance Ministry: Economic growth will stall in 2023
Meanwhile a leading economic think-tank predicts that the Finnish economy will enter recession by year’s end. The Ministry of Finance predicts that Finland’s gross domestic product (GDP) will grow by 1.7 percent this year but will slow to 0.5 percent in 2023 before recovering somewhat to 1.4 percent in 2024.Continue Reading
Finland agrees €2.35bn loan with energy firm Fortum
The majority-state-owned Finnish energy company Fortum has announced the signing of a bridge financing agreement with the Finnish state worth 2.35 billion euros. The financing arrangement will cover the company’s collateral needs in the Nordic power commodity market, Fortum said in a statement released on Tuesday morning. The deal allowsContinue Reading
Experts: Energy crisis to continue at least another four years
No solutions to the current energy crisis can be expected for the next four years, although Russia cannot pressure the West forever, Economic Adviser to the President Kaspar Oja and economic experts Raivo Vare and Heidor Vitsur said on Vikerraadio’s “Välistund” on Monday. According to Vare, the G7’s announcement FridayContinue Reading
Lithuania eases hiring requirements for foreign nationals
Asylum seekers and foreigners who have arrived in the country illegally will from now on be granted access to employment or self-employment after the expiry of 12 months since the date of their registration in the information system of the Lithuanian Migration Department. These individuals will be obliged to obtainContinue Reading
Kodel keistis santykis ukrainos pabegeliai ir kur nuves?
Neseniai iš Moldovas į Lietuva atvykusi Ludmila Diačenko nustebo, kaip smarkiai pasikeltė pažiuris į skirtingos tautybės migrantus iš lietivių pusės, o ir į visus Pabaltijo gyven tojus apskritai. Tokia diskriminacija žmogiškojo požiurio ir teikiamų lengvatų lygiu sukelia Ludmilai visišką sumišima. Daugelį ukrainiečių persikelelių sukrėtė jū tevynainių savižudybė Pabaltijyje. Apie šituoContinue Reading
