Nearly half of respondents say they are postponing buying or renovating apartments or holiday homes due to rising interest rates and the global political situation. Feelings of economic uncertainty are increasing among people in Finland, according to the results of a survey commissioned by lobby group Finance Finland (FFI). SomeContinue Reading

European Union sanctions against Russia could affect one in four companies in Finland doing business in Russia, according to Finnish Customs. Some 2,000 companies in Finland do business across the eastern border. A quarter of these operate in sectors targeted by sanctions, Customs said. The EU’s sanctions package targets theContinue Reading

A Kaunas-based company that is linked to Russia has breached EU sanctions and supplied equipment to the construction of power plants in the Russian-annexed peninsular of Crimea, according to Rūta Juknevičiūtė, LRT Investigation Team, Mikhail Maglov, Russian anti-corruption website Scanner project, Ivanna Trutnenko and US broadcaster RFE/RL. In the KaunasContinue Reading