New NATO member plans to cut pensions ...News

The Finnish government eyes spending cuts and tax hikes to fill a hole in the 2025 budget The Finnish government has no choice but to cut pensions in order to improve public finances, Finance Minister Riikka Purra has said in an interview with Helsingin Sanomat, a local newspaper. The issue of pensions is a part of the political debate this month, as the government is looking to make €3 billion in additional cuts to the 2025 state budget. According to the minister, cuts to occupational pensions are inevitable as part of the government austerity package. Purra said that the government could freeze the annual cost o

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