Haven’t seen anyone post this yet so just curious to see what everyone’s thoughts are.
https://www.reuters.com/business/eu-starts-disciplinary-steps-against-finland-excessive-deficit-2026-01-20/
Posted by Old-Excitement8449
Haven’t seen anyone post this yet so just curious to see what everyone’s thoughts are.
https://www.reuters.com/business/eu-starts-disciplinary-steps-against-finland-excessive-deficit-2026-01-20/
Posted by Old-Excitement8449
20 Comments
As long as they give better suggestions than the geniuses at IMF…
The natural result of decades of communism lol
Yes well closing the trade and border with Russia kind of fucked Finland. I was under the impression that EU would help out with maybe money or better trade agreements… Well here we are.
Love the help from EU. “Oh you poor? Let’s give you a fine”. Wtf does that do
What a coincidence, with the “fiscally responsive” parties in charge!
I guess corruption didn’t fix our fiscal problems after all. Oh well, try again?
It’s kind of absurd to penalize Finland for fiscal deficits when we’ve been forced to pivot our economy and hike defense spending due to Russian aggression. The EU needs to recognize that protecting democracy is a collective investment, not a budgetary failure that needs disciplinary action.
That’s non sense considering that recent deficit is also coming from joining NATO and from loss of deals with Russia (very important especially for eastern boarder cities)
They should exclude defence spending from the rules or the portion above the EU average. Otherwise it looks like Finland’s in a tough spot, aging population, low growth and high unemployment… Would be great if Putin moved on from this world and Russia became a normal non hostile nation. Russia invading Ukraine has meant higher defence spending and lower growth cos of the tariffs with Russia. That clown in the White House isn’t helping things either.
To the argument that defense spending should not be considered, I guess a Finland is welcome to the club after following the budget guidance of Germany so many years, a country that lived without any defense spending, betting on Russia and trying to kill Nuclear in Europe. Maybe there is still hope for EU if more countries are realize that the commission has no ideas what they are talking about (like trying to impose 40h week to military personnel)
https://preview.redd.it/m5t27g0zfxeg1.png?width=1080&format=png&auto=webp&s=4d07956b09c7a3768238d9b9a9c6220e5a2c89d0
Like half of EU member states lul
(bright red is within the agreed upon limit, dark red is above it, so Germany, Sweden, Czechia, Netherlands, Lithuania, Latvia, Estonia, etc. is in the clear)
Time to start actually taxing the rich instead of our current idiot governement cutting corporate tax
Elect rightwing parties, get right wing policies.
Look at who has recently become richer here and who is becoming poorer. They’re about to drum up even more anti immigrant and poor people hate.
Thanks for sharing!
Well, I’m not a professor of any kind but we have had the most right-wing government in our independent history almoust 3 years now. We have had massive social and labour market policy reforms in a long time and now our unemployment rate is the damn highest in Europe. Coincidence? I my self don’t think so.
Maybe time to waste less money and trade more. Or maybe noone has thought about that for last 20 years..
Greece get 50 billion and we get a fine, thanks EU…
/S
Have they met France or is this some kind of a bad joke?
One thing. I say only one thing. Or two, or three..
Any percentage of income tax is money in state budget. Any percentage from zero income is zero in state budget.
The lowest class spend the biggest portion of their income. Like 100%.
Every cent spend is GDP.
It’s not that there’s no jobs, but there’s no jobs companies afford to offer, or citizens afford to receive.
Help the lowest working class is help the country.