Home » today » World » A “fragile” deal on Yle savings – I saw the cutter striking – 2024-09-13 01:11:14

A “fragile” deal on Yle savings – I saw the cutter striking – 2024-09-13 01:11:14

On Thursday, the parliamentary working group reached a compromise deal described as “fragile” on the Yle cuts. Next, the matter will be discussed in the parliamentary groups, which are to decide on the approval of Yle surgeries by 4 p.m.

Yleisradio’s funding is being cut. Illustration image. PASI LEISMA

On Thursday, the parliamentary working group reached an agreement described as “fragile” on the report, which outlines Yle’s funding and future operations.

Next, the matter will be discussed in parliamentary groups, which must decide on the acceptance or rejection of the report by 4 p.m.

According to Iltalehti’s information, there have been no significant changes to the report that collapsed in July.

– Only some of the wording of the report has been changed, but in terms of funding, the situation is the same as before, Iltalehte was told on Thursday after the meeting of the parliamentary working group.

The leader of the working group, Matias Marttinen (Kok), called the parliamentary Yle group to a meeting on Thursday morning to discuss the latest draft report. Stock photo. Inka Soverei

This is how to cut

Yle’s funding is to be cut by freezing index increases for three years and increasing Yle’s value added base.

This year, Yle’s allocation is approximately EUR 594 million, and if the index increases were valid, Yle’s allocation would increase to a total of EUR 658 million by 2028.

The report of the parliamentary working group states that Yle’s funding will not be subject to an index check in the years 2025–2027.

In addition, Yle’s value added tax rate will be increased from 10 to 14 percent in 2026. According to the Ministry of Finance’s estimate, the VAT increase will amount to approximately EUR 19 million in 2026–2027.

According to information from Iltalehti, 16 million euros would be cut from Yle next year compared to the current situation.

In 2026, 50 million euros would be cut.

In 2027, the cut amount would be 66 million euros.

In 2028, around 68 million euros would be cut.

From then on, Yle would cut about 70 million euros annually compared to the current funding model.

According to the report of the parliamentary working group, Yle must make its operations more efficient and adapt the company’s administrative and organizational structures as part of its savings goals.

According to the report, Yle needs to increase purchases of domestic productions from domestic and European independent producers, as well as procurement of production services and other domestic performance and usage fees.

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