Tag: Cost of living
Kela: The child surcharge cost Finland 100 million euros
The government decided to pay a child supplement to help families with children cope with the rising cost of living at the end of last year.
Well-being at work in Finland continues to decline, according to a study
A recent report from the Institute of Occupational Health shows that there is still a slight decline in Finnish occupational well-being. In the study, 480 Finnish employees aged 22–66 were interviewed, who answered four questionnaires. The experience of individual work ability has weakened at the same time as burnout symptoms have increased. A little over […]
Copenhagen the world’s sixth best city for studying abroad – survey
Copenhagen is the world’s sixth best city for studying abroad, according to a new report study conducted by Helpful Professoran online resource for higher education. The survey assessed a number of factors, including the quality and number of universities, the number of international students, the cost of living and perceived levels of freedom, safety and […]
Housing crisis in Finland: Research shows an unprecedented rise in housing costs in different parts of the country
The increase in housing costs and the large differences between municipalities are primarily due to the increase in the price of electricity, which has risen by an average of 46% since a year ago. Waste fees have risen by an average of 6.7%, real estate taxes by 6.3% and water fees by 4.1%. The most […]
Denmark is among the best countries to launch a startup
Pretty vanilla in ManilaDenmark’s cost of living was also the highest among the countries in the top 10, while its quality of life score was second only to the Netherlands. Other metrics considered in compiling the index included population, GDP per capita. population, economic growth and business taxes. The top of the index was the […]
Refugees from Ukraine are at risk of falling into poverty in neighboring countries, a study reveals
The report found that refugees do not receive enough income and support to meet their basic needs, with 68 percent of respondents saying they cannot afford essentials such as food, water, clothing, shelter and healthcare. Mothers of children, pensioners, the disabled and those without regular income face the most financial pressure. The most common negative […]
Working from home attracts people from big cities to the suburbs
A survey of 12,000 German people conducted in the fall of 2022 found that 38 percent of those leaving large cities moved to the suburbs and 30 percent to smaller cities with a population of 100,000 to 500,000. Only 9 percent moved to small cities and 5 percent to the countryside. These results show that, […]
Finnish housing prices fell by 2.5% in December, sales fell by 38%
Although the decline was especially strong for smaller apartments, the phenomenon did not only concern them. The decrease is due to rapidly rising energy prices, reference interest rates and the cost of living in general. Finland’s most popular mortgage reference rate, Euribor 12, has risen to 3.3 percent, after last year started almost half a […]
In 2023, the annual payments of undrawn government-subsidized loans – with the aim of alleviating cost pressures related to housing
The annual payments for state-subsidized loans taken out for the construction, purchase or renovation of rental and right-of-occupancy housing depend on the change in the consumer price index of July of the previous year. The fluctuations of the consumer price index have been quite moderate in recent years: in July of 2015 and 2021, the […]
Denmark on the podium of the world’s best countries to start a family
Children are very welcome in Denmark. In a list dominated by European countries, the Nordic countries accounted for five of the 11 best places. Enjoy Travel placed Denmark in second place on its list of the 25 best countries in the world to start a family. The website took into account education, child care, safety, […]
Cost of attending an international school in Copenhagen on par with private education fees paid by the British in the 1980s
The cheapest international school in Copenhagen costs only 3,665 US dollars per year in fees, according to International Schools Databasewhich puts it on par with the amount typically demanded by a British private school in the early 1980s. Between 1991 and 2016, private school fees in the UK rose by 550 per cent, far outstripping […]
Denmark named among the top countries for young professionals
Denmark is one of the world’s best countries for young professionals, according to a new ranking by the American job platform Lensa. Especially with regard to the recent global cost of living crisis, it seems that good career opportunities and financial security are more important than ever for young graduates on the fringes of the […]
High risk of depression persists after the COVID-19 pandemic: Data behind the mental health crisis
In this data story, we use data from an electronic survey to take a closer look at the impact of the pandemic on mental health. Health deteriorates The number of people reporting “poor” or “very poor” health more than doubled between 2020 and 2022. Despite the lifting of most restrictive measures in early 2022 as […]
Function: More Swedes are seeking food aid in the midst of sky-high inflation
by Patrick Ekstrand, Fu Yiming STOCKHOLM, Aug. 18 (Xinhua) — As food prices continue to rise, more and more people in Sweden, a Nordic country known for its well-developed welfare system, are seeking help with daily food. Since last spring, more and more Swedes have found themselves struggling with sky-high food prices and have seen […]
What is A-Kasse in Denmark?
A-kasse is a Danish term that refers to an association of white-collar workers. The name is derived from the word arbejdskasse, which translates to “work box”. To become a member of an A-kasse, you must be employed in Denmark and pay tax in the country. A-kasse are regulated by the Danish government and are obliged […]
Saarikko: Finland may not be able to afford significant income tax reductions
“Now we need mutual trust.” Saarikko pointed out that the combination of substantial wage increases and income tax cuts would be dangerous, as it could further accelerate the rise in consumer prices. Juha MajanenOn Wednesday, the permanent state secretary of the Ministry of Finance defined moderate salary increases as increases in line with next year’s […]
The government increases social benefits to solve the cost of living crisis
Social benefits tied to the national pension will increase by 3.5 percent from August, when parliament approves an additional index revision in the spring. The increase in benefits is aimed at improving the purchasing power of low-income households and addressing the cost-of-living crisis caused by inflation. The new tax rate is valid until December and […]
Highest consumer price increase in Denmark since 1983 – Statistics Denmark
Denmark’s consumer price index has risen to its highest level since 1983. according to Statistics Denmark. June saw a staggering 8.2 percent increase from a year ago. In February 1983, the increase was just half a percentage point higher. Statistics Denmark states that the probable reason is the rising commodity prices, which have risen by […]
The trade unions signed a collective agreement in the private social sector
The Association of Nurses (SuPer), the Healthcare Trade Union (Tehy) and the Private Sector Trade Union (Erto) announced on Wednesday that they have reached a collective agreement in the private social sector. The trade unions are members of the negotiating organization Sote ry, which negotiates a collective agreement in the private social sector with the […]
For every 50 cents, Tivoli now sees a dollar
It seems that Tivoli may have underestimated the Danish people’s overwhelming desire to go out again, now that the COVID-19 pandemic is in the rearview mirror. First of all, it went wrong over Friday Rock. Far more showed up than expected, causing disruption at the amusement park perimeter. There was even damage to some of […]
Finnish economists have reservations about tax cuts to curb inflation
The Coalition Party, for its part, has called for billions of euros in tax cuts. However, economists interviewed by the public broadcaster warn that cutting income taxes in an attempt to help consumers cope with an inflationary environment could be intuitively counterproductive. “When inflation is high, tax cuts can accelerate it even further,” he sums […]
Trade unions, employer groups resolve labor disputes in the municipal sector
Collective bargaining negotiations between the municipal associations and the employers’ groups to resolve the months-long labor dispute in the sector have ended, and both parties have reached an agreement. The new agreement will cover about 300,000 municipal employees, which will include a 2% pay rise from June. The agreement also includes a five-year wage program […]
Helsinki is the second most popular city to live in
Regardless of the reason for the move, some things need to be considered in advance. Depending on where you move, Helsinki can be a significant change to your habit, which can be seen in many ways. In relocation cases, it is common to look at different financing options. In that case, it is important to […]
Mediators propose a five-year wage agreement to resolve the municipal labor dispute
The Committee of Ministers has published the terms of a conciliation proposal aimed at resolving the strike by municipal employees, which closed schools, kindergartens and other services last week in ten cities across Finland. Committee – chaired by officials Elina Pylkkänen Ministry of Economy and Labor – made an exceptional decision to publish the proposal […]
Finnish Ukrainians rely on private food donations due to delays in the process
Some Ukrainian citizens who fled to Finland after the Russian invasion rely on food offers from private individuals due to delays in processing temporary visas. To date, an estimated 22,000 Ukrainians have applied for temporary protection in Finland. This entitles those fleeing the war to stay in Finland for a maximum of one year at […]
Schools and kindergartens will close next week as the strike progresses
The week-long strike by municipal workers appears to continue from Tuesday, May 3rd Elina Pylkkänenan official in charge of the controversial conciliation committee said Friday he did not intend to ask the minister for a new postponement. The measure will lead to large-scale closures of schools, kindergartens and other services such as libraries and museums […]
Friday’s newspapers: Strike threat, Finnair’s problems and Tappara title
Helsingin sanomat newspaper reports Municipal workers in the metropolitan area will go on strike next week after a conciliation committee set up to unite unions and employers said on Thursday afternoon that the parties were too far apart and could not propose a new agreement. The agreement now seems a long way off, as employers […]
Copenhagen among top wellness work destinations
Same old Achilles heelCopenhagen could probably have scored even higher on the list, but as many times before, it was hampered by its score in the Cost of Living category. Only the leaders Kansas City, Vienna and Wellington did better in the report, which was prepared by Icelandair based on results from over 100 cities […]
The new law aims to reduce the bureaucracy of Finland’s international students
The Finnish government has passed a new law that allows foreign students and their family members to obtain a residence permit for the duration of their studies. In the past, students have been required to regularly cut red tape at the Finnish Immigration Service (Migri) to renew study-based visas every year or two. The new […]
School closures are expected as municipal strikes spread to several Finnish cities
Public sector employees are organizing a series of strikes to put pressure on employer groups to accept pay rise demands. The unions currently involved in the industrial action represent, among others, nurses, teachers, doctors and staff from schools and early childhood education and other municipal services. Minister of Labor Tuula Haatainen (SDP) has taken a […]
Danske Nyheder Round-Up: The police clear one of the murder suspects in Aalborg
One of the 36-year-old men charged with the murder of 22-year-old Mia Skadhauge Stevn, who was subsequently released from prison, had nothing to do with her disappearance or death, the police in Aalborg have determined. – A decision has been made to drop the charge against the 36-year-old man, whom we arrested on 9 February, […]
APN podcast: Working to survive in Finland
The strike wave sweeps across Finland as people try to dent into the cost of living crisis. Paper workers are on strike at UPM, municipal staff are struggling across the country – and a large nurses’ strike is exposing cracks in the Finnish healthcare system. "We are apparently on strike because of poor pay. I […]
Friday’s newspapers: International workers ‘struggles, tire price hike and ban on overtime by nurses’ unions
The integration of foreigners into the Finnish workforce has been an embarrassing problem for years. Unnecessary language requirements are often a problem, and some job seekers say they have been discriminated against. On Friday Helsingin Sanomat tells about this On the efforts of the municipality of Espoo to map and process the access of people […]
Denmark’s absenteeism among workers among the lowest in Europe – report
According to a new report, people in Denmark take fewer days off work due to illness than most other countries. Assessment of data from 15 European countries, smallbusinessprices.co.uk discovered that Denmark had the third lowest number of sick days: an average of 8.7 days due to illness each year. Fseveral sick days during pandemic“There are […]
APN podcast: How Russia’s invasion of Ukraine will affect Finland
Russia’s invasion of Ukraine will change the world as we know it and bring Finland’s foreign policy to a standstill. For the first time in Yle’s poll, the majority supports Finland’s NATO application. "In my opinion, the fact that the war started in Ukraine or that the Russians were escalating the war in Ukraine was […]
APN podcast: The unbearable cost of living (in Finland)
Is “Finnishization” such a bad thing? Yes, according to most Finns. The time of the Cold War, when Finland navigated the geopolitical minefield, has been in the news since some world leaders mentioned it as a possible solution to the crisis in Ukraine. You can listen to the entire podcast on the embedded player here, […]
Global education right on the doorstep: the loophole in the Danish school system
Three years ago, a report from the economic and political think tank Arbejderbevægelsens Erhvervsråd (AE) concluded that the education sector was witnessing a gradual migration of students from public to private schools – especially international schools. And it seems to have been born out of the waiting lists that the majority of international schools in […]
Copenhagen still has the cheapest international tuition fees in Europe
Foreign families have many reasons to be wary of moving to Copenhagen to start a new life. There is the weather, the high taxes and the Danes’ seemingly unfriendly nature. But along with the commendable balance between life and work and high safety levels comes an undeniable asset for families with children. Thanks to generous […]
Helsinki was ranked the best city in the world for a happy retirement
Inside something recent research According to Audley’s pension planning company Audley in the United Kingdom, Helsinki rose the best of the cities, which are typically classified as the happiest long and comfortable retirement in the world. Looking at urban areas, which tend to be at the forefront of international rankings, as the happiest places to […]
Copenhagen among the most expensive cities for expats
Certain cities have a high price. Living and working in Copenhagen can be a costly affair for expatriates. A new report from Mercer has named Copenhagen as the 16th most expensive city for expats to live in – a huge increase in nine places compared to last year, when Copenhagen came in as number 25. […]
Helsinki rises 18th in the world’s cost of living rankings
investment Ashgabat, the capital of Turkmenistan, is currently at the forefront of the economic crisis and accelerating inflation, raising the cost of posted workers. The Lebanese capital, Beirut, also made it into the top ten due to a severe shortage of goods and services as a result of years of recession, exacerbated by last year’s […]
Finland is close to the latest world survey
annual surveyCompiled by the Alien Network Platform, InterNations, it looks at a wide range of factors such as life satisfaction, local career opportunities and how easy it is for foreigners to make friends with natives in each country. Finland’s position is considerably worse this year than in previous years, and the 2019 survey raised Finland […]
Denmark ranked the sixth best country in Europe for pensioners
A report from the Blacktower Financial Management Group has revealed the best European countries for retirees in 2021 based on crime rates, cost of living, life expectancy, property prices and population age. Denmark, with a population over the 65s of 19.84 percent, landed in sixth place thanks to relatively low house prices and rankings. Great […]
The Central Bank of Finland requires a household indebtedness limit
The continuing and growing debt of Finnish households threatens the country’s ability to survive future economic crises, the Bank of Finland announced on Tuesday. At the same time, according to the central bank, the country’s economy had survived the coronavirus crisis better than expected. That said the country "a strong stimulus for monetary and fiscal […]
FACTS: Early elections and unrest in the Greenlandic government party
Read more about the election here: * The mining project in South Greenland with the extraction of uranium and rare earths creates heated debate in the population and parties. Supporters point out that the project will create many jobs and income for Greenlandic society, while opponents fear major consequences for nature, the environment and health. […]
Unemployed foreigners and the growing number of infections
This week’s comments from Kári Stefánsson, CEO of Icelandic Genetics, on the Kastljós program launched a discussion about unemployed people who travel between countries to maintain their Icelandic Genetics benefits. He pointed out that the infections that are diagnosed at the border concern, inter alia, these people. Kári Stefánsson wants to increase the number of […]
FACTS: Early elections and unrest in the Greenlandic government party
* The mining project in South Greenland with the extraction of uranium and rare earths creates heated debate in the population and parties. Supporters point out that the project will create many jobs and income for Greenlandic society, while opponents fear major consequences for nature, the environment and health. * At the same time, there […]
APN election edition: Anna-Maja Henriksson
This week, in an interview series with the APN party leader, the chairman of the Swedish People’s Party and Anna-Maja Henriksson. You can listen to the full podcast through the embedded player here or through Yle Areena, Spotify, Apple Podcasts or a regular podcast player using an RSS feed. The article continues after the sound. […]
Denmark the second best country in the world for expats … apparently
A new report from Blacktower Financial Group – a not-so-leading authority for expat experiences – has found that Denmark is the second most attractive option for those who want to move abroad. Switzerland topped the list, with Denmark finishing ahead of Iceland, Norway and Australia. “Expats see a wealth of financial, lifestyle and career benefits […]
Copenhagen is the fourth worst city in the world for expats who settle in
InterNations has released their latest Expat City Ranking, and it is not very pleasant to read for Copenhageners. The city was 46th overall, but landed particularly low in terms of cost of living and settled in. Valencia topped the rankings, with Lisbon, Panama City, Singapore and Madrid also placed in the top ten. At the […]
Denmark is the most affordable country in Europe for Lego sets
Denmark is probably not the first country that comes to mind when it comes to affordable products. But according to a new report from The Toy Zone, the country is the most affordable in Europe when it comes to Lego sets. With an average fixed price of 101.04 US dollars, the Danes are number two […]
One third of Finland was preparing to move to new jobs, the bank’s study states
About a third of Finnish respondents said they were willing to move to get a job if unemployment were the alternative, according to a study commissioned by Nordea Bank. Young adults were more likely to be willing to move to find work, while people over 50 were reluctant to do so. More than 40 percent […]
Lidl raises the salaries of all 750 warehouse employees in Finland
Demand for logistics workers is growing, especially in southern Finland, where most of the largest logistics centers are located, according to Lidl. “The most prominent employees from the customer’s perspective are in the store, but skilled and motivated warehouse workers play an equally important role in the store’s operations. We want the best people to […]
