Tag: Percentage
More young adults are living with their parents due to the “perfect storm” of high inflation and rental costs in Denmark
The proportion of young people aged 20-24 who live with their parents has grown by 8 percentage points in just one year. Today, almost a third live with their parents. According to Denmark’s statisticsis the highest proportion since it began collecting data in 1986. Young people still move away from home, but at a later […]
A fifth of Finnish voters have voted in advance
On the fourth day of early voting, 20.9 percent of eligible voters living in Finland had voted, the highest percentage in Satakunta and Lapland.
Unemployment has halved
Unemployment is now 5 percent, up 1.9 percentage points from last month’s figure. The number of unemployed men has increased significantly, with the percentage increasing by 3.1 percentage points in a month, the Statistical Office informs in its report. In February, the proportion of unemployed men was 6.4 percent, while in January it was at […]
The share of women among the candidates in the 2023 parliamentary elections is 42.9 percent
The growth of women’s participation in parliamentary elections began in the 1970s, when the percentage of female candidates exceeded 40% for the first time in the 1991 elections. Since then, the percentage has hovered around 40 percent for a long time, but now it has crossed the threshold for the 2019 and 2023 elections. The […]
A record number of recycled bottles and cans were returned to Finland, but plastic bottles lag behind
The highest return percentage was for cans and glass bottles, 99% and 98%, respectively. Although the return rate of plastic bottles is still good, it is important to take steps to improve it, and Palpa encourages consumers to return plastic bottles more often. One possible explanation for the decrease in the return rate of plastic […]
The study reveals a high level of support for supervised drug use rooms in Finland
The report also emphasizes the need to get more information about the nature of addiction, as Finland is still one of the leading countries in Europe in terms of the number of young people who die from drug use. Acting Director of A-Clinic Foundation managing director, Hanna Paikkala, emphasizes that drug addiction is a disease […]
Finland’s dog population is 800,000
The study revealed that 81% of all Finnish dogs, i.e. 640,000, are purebred, of which 582,000 are registered in the Kennel Association or identification database. The number of purebred dogs registered with the Finnish Kennel Association is high by international standards, which shows that dog breeding and shows are popular in Finland. There are approximately […]
Danes don’t care about crime
Just 9 percent of Danes are seriously worried about being personally exposed to crime, Ritzau reports. The figure comes from a study carried out by the Ministry of Justice, the Police and the Crime Prevention Council in collaboration with the University of Copenhagen. This is the lowest level of fear of crime since records began. […]
Finnish women see technology as key to solving the climate crisis, but few find the technology industry attractive
Women’s lack of interest in the tech industry is problematic because of the constant shortage of skilled workers in the industry. In Finland, only 20% of technical experts are women, and this number is not enough to narrow the skills gap. Tietoevry’s research showed that women believed that employers and educational institutions need to do […]
HS: Finnish young people invest more than ever before, even more than Swedes
According to the magazine, young Finns are therefore more active investors than their Swedish peers. Lasse CorinAktia’s Chief Economist, estimates that the increase in the number of young people investing suggests that investments in improving people’s financial skills and competence are bearing fruit. “Young people clearly understand the importance and possibilities of investing as part […]
Post-pandemic trend: Almost half of Finns dream of moving to the countryside
This corresponds to approximately one million adult Finns. On the other hand, four out of ten respondents prefer to live in the city. According to the survey, young people are also interested in moving to the countryside, 46 percent of them would like to move to the countryside. However, work was considered to be the […]
23 percent of Finns favor the formation of the coalition and the Basic Finns government
Desires as the basis for forming a government. The figure shows the percentage of respondents who believe that one party should be the leading party and the other party the governing party. Photo: EVA’s Values and Attitudes survey. 19 percent of the respondents wanted a government formed by the SDP and the Coalition, while 10 […]
Governor of the Riksbank Erik Thedéen: Further interest rate increases await
Erik Thedéen became head of the Riksbank at the turn of the year, in a situation with both high interest rates and negative growth. Since last May, the Riksbank has raised the key interest rate from 0 to 3 percentage points. The goal of the increases is to bring down inflation, which is currently at […]
Young adults underrepresented in candidate selection – in the spring 2023 parliamentary elections, only 10.7% of the candidates are under 30 years old
Although the number of young candidates has slightly increased since the 2019 parliamentary elections, where there were 259 candidates under the age of 30 (10.5% of all candidates), only eight of them (4% of all elected) managed to get a seat. in the parliament. In the 2023 parliamentary elections, the Greens have nominated the most […]
Kela has sent about 56,000 students a delay reminder about the student health care fee
A total of approximately 275,000 students are required to pay the fee. Most of them, about 213,000 students, paid the health care fee by the due date. About 56,000 students have not yet paid the student healthcare fee. Kela has now sent these students a lateness reminder, which includes a fixed late fee of 5 […]
Half of Finnish employees would consider leaving work without a remote work option: Survey
This opinion was most common among 18- to 29-year-olds, with 64% stating that the ability to work remotely was an important factor in their choice of job. Despite the return to the office, the study found that telecommuting has had a positive impact on job satisfaction, productivity and work autonomy, with 60%, 54% and 50% […]
Banks raise unindexed interest rates
Three large commercial banks, Arion Banks, Íslandsbanki and Landsbankinn, have announced interest rate hikes. Unindexed interest rates increase by 0.5 percentage points on most loans, and the same applies to deposit rates. The hike follows a 0.5 percentage point hike in key interest rates last week. For new unindexed home loans at Landsbankinn, the interest […]
Banks raise interest rates on non-indexed loans
Three large commercial banks, Arion Banks, Íslandsbanki and Landsbankinn, have announced increases in lending rates. Unindexed interest rates increase by 0.5 percentage points on most loans, and the same applies to deposit rates. The hike follows a 0.5 percentage point hike in key interest rates last week. For new unindexed home loans at Landsbankinn, the […]
HS survey: Finland’s 3 best parties are 2 percentage points apart
The three largest parties are in a tie with the parliamentary elections on April 2 remaining about six weeks away.
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, […]
More are opting out of the church
Immigrants stay awayAs it stands, 72 percent of the population were members of the church, down from 73 percent last year and down 16 percentage points from when the numbers were first recorded back in 1986. Ethical Danes made up 84 percent of the church’s members, while immigrants and their descendants landed at 7 and […]
Tax credits for housekeeping services do not help much against tax evasion
“A total of 55 percent of the respondents say that they would request an official invoice, even if it does not entitle them to tax relief,” says Ludwig Erhard ifo, head of the Center for Social Market Economics and Institutional Economics. Sarah Necker. “If policymakers want to use tax breaks to encourage consumers to request […]
Sweden raises the key interest rate to 3 pct to curb inflation
STOCKHOLM, Feb. 9 (Xinhua) — Sweden’s central bank (Riksbank) on Thursday announced a 50 percentage point increase in the key interest rate to 3 percent, the highest in 15 years. The Riksbank said the rate hike, due to take effect on February 15, was necessary as the country’s 12-month consumer price index (CPI) reached 12.3 […]
Hear the Governor of the Riksbank about the highest interest rate in 15 years
The Riksbank raises the key interest rate by 0.5 percentage points. Highest interest rate in 15 years. Now they are flagging for more interest rate hikes. Hear the press conference with the new Riksbank Governor Erik Thedéen and analysis by Ekot’s economic commentator Kristian Åström.
Base interest rates will increase by half a percentage point
It has just been announced that the monetary policy committee of the Central Bank of Iceland has decided to increase the key interest rate by 0.5 percentage point. Thus, they reached the level of 6.5%. In May 2021, they were 0.75 percent. This increase is in line with the forecasts of the bank’s analytics departments, […]
Joe & The Juice rules in a major American case of gender discrimination
Juicing on four continentsJoe & The Juice has never pleaded guilty to the allegation, which dates back to 2017, when the cafe was establishing a foothold in the US market. As of last year, the chain operated over 311 locations in Europe, Asia, Australia and North America. At Joe & The Juice, we work actively […]
The competition between the three largest parties in Finland is intensifying, says the survey
Although the coalition has halved its lead in the last couple of months, it need not worry too much because the leaders of the opinion polls lose their advantage when the parties hit the campaign trail, he reminded. Tuomo TurjaResearch Director of Economic Studies. “The closer to the elections, the closer to the top parties. […]
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 […]
Unemployment in Iceland fell
From December 2021 to December 2022, unemployment in the country decreased by 1.3 percentage points. The seasonally adjusted unemployment rate is now at 3.3 percent, down 5.7 percentage points from its peak in April 2021. The economic activity rate on an annual basis in December 2022 amounted to 79.8%, and the employment rate […] The […]
The Finnish government reached an agreement on the reimbursement of electricity costs
Households that pay more than 10 cents per kilowatt-hour for electricity receive compensation, and it is 50 percent of monthly electricity costs of more than 90 euros, and the monthly limit is 700 euros. The compensation is paid for the four months of November-February based on the expenses of November-December. According to Helsingin Sanomat, the […]
A high percentage of people in Denmark have more than one job
Even gender rolesThe gender composition of people working more than one job in Denmark was quite equal, with 7.0 percent of women and 7.1 percent of men. The EU average was 4.3 percent for women and 3.6 percent for men. In Denmark, having more than one job was most common among workers with higher education. […]
Control XX: More women admitted to IT programmes
Compared to 2019, the number of women admitted to university IT programs in Denmark has increased by 13 percentage points this year, which means that a total of 32 percent of new students studying IT are women. This year’s admission numbers were not compared to 2020 or 2021 due to expansions in admissions programs during […]
HS poll: NCP is still the top party
Kokooomus (NKP) is still the most popular party in Finland, according to a voter survey conducted by Finland’s largest circulation newspaper Helsingin Sanomat in July. The support of the center-right opposition party decreased slightly, but it still has a clear lead. A poll released on Saturday showed 23.9 percent support for the NCP. Compared to […]
“The real estate market is likely to change”
The increase in interest rates means that households’ access to capital will significantly decrease and fewer people will be able to buy a flat. The percentage of flats sold above the target price dropped in May, and then the average selling time of flats in the capital region increased from 35 days to 46 days. […]
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 […]
HS survey: President Niinistö’s support is 92 percent
The majority of Finns approve of the president Sauli NiinistöAccording to a survey conducted by Helsingin Sanomat, job performance. A full 92 percent of respondents said that the president has done his job successfully. The figure, which is an all-time high, is five percentage points more than the corresponding survey conducted in December. Meeting with […]
Right now: The Riksbank is issuing an interest rate announcement – it is expected to raise the interest rate
Today comes the Riksbank’s announcement of a possible interest rate increase. In March, the Riksbank raised the key interest rate by 0.25 percentage points and at the same time raised the interest rate forecast sharply. Inflation has continued to rise since the latest interest rate announcement, and several analysts therefore believe that the interest rate […]
HS poll: The majority opposed Turkey’s demands
According to a recent poll by Helsingin Sanomat, 70 per cent of Finns are not in favor of making concessions to Turkey from NATO membership. Only 14 percent of respondents thought that Finland should change its laws to comply with Turkey. According to an HS poll, Basic Finns were most likely to make concessions, while […]
The Finnish housing market is falling
OP Financial Group and Nordea Bank forecast that the rise in house prices in Finland will slow down this year and next after the exceptional growth period of 2021. According to OP Bank’s recent forecast, changes in house prices will be between -0.5 and +0.5 percentage points next year due to a slowdown in interest […]
Uutissuomalainen: Most Finns support the construction of a new nuclear power plant
Support for the energy infrastructure project is higher for men and older age groups than for women and younger age groups. The project received the most support among the respondents who identified themselves as supporters of the Basic Finns or the Coalition Party and the least among the respondents who identified themselves as supporters of […]
Yle’s survey: Russians have a more negative attitude towards Finland’s NATO membership
Russian-speakers living permanently in Finland have a much more negative attitude towards Finland’s NATO membership than the rest of the population. However, many believe that building positive relations with Russia is still possible despite NATO membership. Taloustuktimus interviewed 501 Russian-speaking people living permanently in Finland on behalf of Yle. According to a survey conducted in […]
Eva: Finns are prepared for problems on the NATO road
“The security study reveals that the risks associated with applying for NATO membership have been realistically assessed in Finland.” analyzed Fin. “According to Finns, starting the membership process increases the risk of being the target of harmful actions by Russia, but on the other hand, it is believed that the risk has a reward. Threatening […]
45% of jobseekers in Vantaa are long-term unemployed
Since 2021, most of the experimentation with the responsibility for employment services being transferred to municipalities has shown good results Eija Väätäinenwhich leads the project in Vantaa and Kerava. However, he adds that long-term unemployment remains a distressing problem. "For many, the setbacks caused by the coronavirus appear to be long-lasting," Väätäinen says. There are […]
Explanation: Many Finns have not prepared for interest rate hikes on housing companies’ loans
Nearly three-quarters (73%) of respondents with a personal mortgage said they were prepared for an increase in interest rates. Maiju HinnoNordea’s Senior Vice President, Housing, expressed concern about the results, especially due to the recent rise in interest rates. “A housing loan is comparable to a corporate loan, so its terms and flexibility are much […]
HS Poll: NCP is still Finland’s most popular party
The center-right opposition party, the Coalition Party (NCP), has maintained its position as Finland’s most popular party, according to a recent poll by Finland’s largest newspaper, Helsingin Sanomat. A poll released on Wednesday showed NCP support of 24.1 percent, the same as in the previous poll. prime minister Sanna Marinin The SDP ranked second in […]
Research: Outdoor activities are still a key part of the Finnish way of life
“Finns do outdoor activities on average 3 times a week and 182 times a year. Women are a little more active than men. condensed Marjo NeuvonenLuke’s project manager. According to the study, about 30 percent of recreational activities took place in areas within 300 meters of the home and 85 percent in areas within 1,000 […]
The fitness association retreats to stage performances in children’s competitions
The Finnish Association of Physical Sports has said that it will probably cancel plans to bring stage performances when it starts competing for 12-year-olds next year. The Finnish press said on Tuesday that the association opened its fitness competition for children under 12 in the summer of 2023, which provoked a backlash. Former fitness model […]
EVA’s opinion: there is confidence that Finland could defend itself alone
A recent security survey by the EVA incubator shows that Finns believe that the country would be able to repel a Russian military attack on its own with a 48 percent probability. Respondents also estimate that there is a 19 percent probability that Russia will use military force against Finland later this year, and a […]
Prices continue to skyrocket
Core inflation is risingThe development is mainly driven by high prices for goods such as electricity, food, fuel and gas – goods that have been significantly affected by the ongoing war in Ukraine. On average, commodity prices have risen by 10.3 percent over the past year – the largest jump of its kind since the […]
Welfare sector says Finland wants more foreign labour
Welfare sector trade union JHL on Tuesday said its recent poll suggested that two-thirds of Finns support more labour-based immigration into the country. JHL is one of the trade unions involved in the recent municipal sector strike. JHL, the largest trade union for the welfare sector in Finland, said people in Finland are increasingly supportive […]
YLE: More than three-quarters of Finns support Finland’s accession to NATO
The proportion of opponents of membership has fallen from 28% to 12% and the proportion of unsure respondents from 19% to 11%. If Sweden decided to apply for membership, the level of support would rise to 83%. Finland’s political leadership, which publicly expresses its support for membership, would have an almost similar effect and support […]
Yle’s survey: Support for NATO membership rose to 76 per cent
As Finnish leaders approach the decision to apply for NATO membership, Yle’s latest survey shows clear and steadily growing public support. Membership support in Yle’s polls has risen from 53 percent in February to 62 percent in March and 76 percent in May. Before the Russian invasion of NATO, a minority of Finns had long […]
Corona is a good place: most of us have had it and the risk of contraction is low
With corona increasingly a blip in the nation’s rearview mirror, it is generally understood that most adults have contracted the virus at least once since 2020, and that it is no longer considered unusual to have had it two or even three times. To those who have avoided it, it begins to feel as if […]
In the poll, Finns stand out for their readiness to accuse Russia of the war in Ukraine
On the contrary, only five per cent considered that responsibility should be given entirely or mainly to NATO and four per cent that responsibility should be shared equally between Russia and NATO. At least 70% of respondents also blamed Russia most in Sweden (80%), the United Kingdom (79%), Denmark (79%), Poland (73%) and the Netherlands […]
Exports to Russia collapsed in March 2022, but the value of imports increased by 63%
Measured in euros, the most significant decrease (-48.7 MEUR and -64%) occurred in the CN category of machinery and mechanical appliances and parts thereof, for which the EU has imposed most of the export sanctions. Measured as a percentage, a similar decline occurred in the category of electrical equipment and components, which were also subject […]
The US Federal Reserve raises interest rates – the first “double increase” in 20 years
The US Federal Reserve, the Fed, raises interest rates by 0.5 percentage points, which is the first “double increase” in over 20 years. In March, US inflation rose to 6.6 percent, the highest level since January 1982 The US announcement will also affect the Swedish economy, as it dampens demand for the entire global economy, […]
Now it is decided who will take home the election in France – follow Ekot’s election vigil
Tonight, it will be decided who will win the presidential election in France, where it stands between the incumbent president Emmanuel Macron and the challenger Marine Le Pen. By 5 p.m., 63.2 percent of voters had voted. That is two percentage points lower than at the same time in the 2017 presidential election. Follow the […]
Report: "Historic" Change in rental expenses in Helsinki
The Helsinki region has seen "historic" changes in rental costs according to a recent market report by Statistics Finland. The figures show that rents for non-subsidized housing fell by 0.3 per cent in the Greater Helsinki area and by 0.2 per cent in the city of Helsinki in the first quarter of 2022 compared with […]
Sharks previously signed Michigan G Strauss Mann
The San Jose Sharks signed goalkeeper Strauss Mann to a one-year contract on Tuesday. The terms were not disclosed. “Strauss is a fast athletic goalkeeper with a history of leadership and success exemplified by the fact that he has been named the first goalkeeper captain at the University of Michigan in 78 years,” said Shin […]
Survey: One in four Finnish companies raises prices as energy and raw material costs rise
Almost one in four companies report having to raise the prices of goods and services, according to a survey conducted by the Finnish Association of Entrepreneurs. The costs of energy, raw materials and transportation are the main drivers of rising prices. According to the federation, Russia’s attack on Ukraine will have a growing impact on […]
Sweden has the highest inflation since 1991
STOCKHOLM, April 14 (Xinhua) – Sweden is experiencing the highest inflation in decades, with a 12-month inflation of 6.1 percent in March, Statistics Sweden stated on Thursday. “The inflation rate rose sharply due to a general and broad price increase. Prices of food and non-alcoholic beverages rose, but it was mainly rising electricity and fuel […]
Explanation: Most Finns consider Russia a significant military threat
84 percent of Finns consider Russia a significant military threat, according to a recent survey of values and attitudes by the Business Forum (Eva). The proportion of those who considered Russia a threat increased by 25 percentage points from the corresponding survey last year. At the same time, only six percent of respondents said Russia […]
Consumer authorities are investigating furniture retailers for misrepresentation "for sale" tariff
The Finnish Competition and Consumer Authority has launched an inquiry into misleading marketing practices in the furniture trade. Pricing practices and the length of discount periods have been a source of ongoing frustration for both authorities and smaller businesses for several years, but a new law coming into force next month is set to address […]
Material shortages in Germany worsen after Ukrainian invasion: ifo Institute
“The attack on Ukraine has exacerbated the situation for many companies,” he says Klaus Wohlrabe, ifon research director. “Supply chains now have new problems in addition to the existing ones. For example, 17 percent of German industrial companies import from Russia. Very high percentages of deficiencies in key sectors of German manufacturing remained virtually unchanged, […]
The Finnish supervisory authority keeps the mortgage ceiling at 85 per cent
The government said it was refining its recommendation that lenders exercise restraint in relation to the borrower’s income when granting large and longer-than-usual loans in the second quarter. “Borrowers should estimate the amount of credit to be granted so that the applicant will be able to repay its debt even if interest rates on loans […]
Investment in companies
If you are thinking about investing in companies, it is a good idea to have some prior knowledge of what it means to make such an investment. There are several different ways to invest, and no matter what kind of industry or company you are considering investing in, it is important to have a good […]
The political situation in Eastern Europe is deteriorating
According to the study, the economic situation in Eastern Europe deteriorated significantly, down 10 percentage points from the previous quarter. Estimates of the political situation also fell by 9 points. “Russia’s attack on Ukraine has plunged the region into a deep economic and political crisis,” says an ifon researcher. Niklas Potrafke. In contrast, assessments of […]
Nokian Tires shares will fall 13% after the company decides to stay in Russia
Joonas KorkiakoskiAn analyst at Inderes wrote on Friday that Nokian Tires said in a call that it expects supply to exceed demand as a result of the withdrawal of competing tire manufacturers such as Bridgestone, Continental and Michelin. “The company didn’t really say it would benefit from the situation, but it was an analyst observation […]
Nokian Tires’ shares will fall after the decision to stay in Russia
Nokian Tires’ share prices fell more than 14 percent on Monday afternoon compared to Friday’s closing price. Last Thursday, the tire company told analysts it plans to continue production in Russia, although many of its competitors announced their intention to suspend operations in Russia in response to its February 24 attack on Ukraine. Helsingin Sanomat […]
War in Ukraine must affect Denmark’s economy
Down again in 2024The bank points out that higher price increases and instability affect consumers and investments in Denmark and globally. In addition, the conflict is also expected to increase inflation by around 2 percentage points in 2022. The bank estimates that expected GDP growth will remain around 2.1 percent in 2023 and fall further […]
YLE: Support for NATO membership in Finland rises to 62 per cent
Read more: Surveys reflect growing concern about Russia, public support for NATO in Finland (8.3.2022) YLE: Most Finns now support Finland’s accession to NATO (March 1, 2022) HS: Finns’ views on NATO affect Russia’s reaction (17 February 2022) HS: Resistance to NATO membership drops to record low in Finland (18.1.2022) The broadcaster previously surveyed the […]
Survey: Yle’s most reliable news source in Finland
According to the latest results, Yleisradio is considered to be the most reliable news source in Finland. News reviews 2021 (News Evaluations) survey, released Tuesday. The survey found that 83 percent of respondents trusted Yle’s news production. The next most reliable sources were Helsingin Sanomat (70 per cent) and the news agency STT (also 70 […]
Red-hot Flames try for home-and-home sweeps of Wild
The Calgary Flames will review their home-and-home set against the Minnesota Wild when the teams meet on Tuesday night in Saint Paul, Minn. Calgary comes after a 7-3 home win against Minnesota on Saturday. The Flames scored five goals in the first two periods en route to their eleventh win in 12 games. Matthew Tkachuk […]
Yle’s opinion polls show for the first time the majority’s support for Finland’s NATO application
According to Yle’s opinion poll, 53 per cent of Finns would support the application to join the NATO military alliance. 28 percent opposed the application, while 19 percent said they were unsure. An economic survey conducted the survey last week when Ukraine was attacked by Russian troops. The interviews took place between February 23 and […]
Russia’s invasion of Ukraine causes shares to plummet in Denmark
Russia’s invasion of Ukraine has resulted in shares falling all over the world. At opening time this Thursday, the Danish C25 index of the country’s leading shares had fallen by around 4.79 percent. An hour later, it had returned by 2.8 percentage points, then still a decrease of 2 percent compared to yesterday. The index […]
Danish supermarket chain wants a new age limit for the sale of alcohol
Sweet 16 for young Coop wants to raise the national age limit for buying alcohol to 18 years. “The road to a changed alcohol culture among our young people requires efforts from all sides of society. In the retail trade, we can contribute by not selling alcohol to young people. ” said Coop’s executive vice […]
Housing prices in Finland rose sharply in 2021, says OP
Although prices rose sharply, especially in large cities, the increases were exceptionally wide-ranging and affected both single-family homes and condominiums. OP Financial Group’s economists revealed in their market overview that they expect house prices to rise by 2.5 per cent from the previous year in 2022. However, the rise is expected to slow to 1.5 […]
European construction beyond pre-crisis levels: the ifo institute
At the same time, construction services became more expensive in many places in 2021: in eight countries, construction prices rose by at least 5 per cent from the previous year. In Hungary and Italy, the percentage was in fact in double digits. In Germany, prices rose 9.1 percent. In only five countries did price increases […]
Sweden must maintain zero percent interest until 2024
STOCKHOLM, 10 February (Xinhua) – Sweden’s central bank, the Riksbank, decided on Thursday to keep the reference rate at zero percent, despite a recent sharp rise in inflation. The Riksbank expects to raise the repo rate to 0.2 per cent during the second half of 2024. This is slightly earlier than in the November assessment […]
HS: Mortgage rates are expected to rise significantly in the coming years
“The situation has been quite favorable in recent years from the perspective of mortgage borrowers. Euribor rates have been in the negative range, which has basically meant that the base rate has been zero in most loan agreements. Mortgage borrowers have practically only paid margins, “he explained to the newspaper. The interest rate on a […]
Finland’s retirement age is declining
He will retire in Finland later than in previous years. Figures from the Finnish Center for Pensions show that last year people left the labor force and retired on average six months later than their retiring colleagues in 2020. The average retirement age in 2021 was 62.4 years. This change is largely explained by the […]
On Henrik Lundqvist’s evening, Rangers meets Wild
Henrik Lundqvist went from a seventh round from Sweden in 2000 to a franchise icon for the New York Rangers. On Friday, he will get his No. 30 height to the rafters in Madison Square Garden before Rangers host the highly ranked Minnesota Wild. Lundqvist made his debut in 2005-06 after Rangers had missed the […]
HS: Nearly 50 municipalities were left unrepresented in county councils
The largest of the municipalities was the municipality of Akaa with more than 16,000 inhabitants in Pirkanmaa. A total of 25 municipal candidates competed for the position of Pirkanmaa Welfare Services Council. Voting turnout in Aka was only 44.2 per cent, which is 5.2 percentage points less than in Pirkanmaa and 3.3 percentage points lower […]
Provincial elections: Preliminary results show NCP leadership
The Coalition Party led the preliminary results of the Finnish council elections. The results of the advance ballot were announced shortly after the election closed at 8 p.m. The percentage of basic Finns was less than 10 per cent, while the Greens fell below the Left Alliance by sixth. These results include 26.4 per cent […]