Panic braking from Russia – This is what it’s all about –

Panic braking from Russia – This is what it’s all about
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Heikki Mulari The actions of the Russian central bank to curb the overheated economy are not enough, writes Iltalehti’s foreign correspondent Heikki Mulari. Today at 21:55 Vladimir Putin has reason to worry. Illustration picture. EPA/AOP On Friday, the Central Bank of Russia raised the key interest rate to a record 21 percent. It was already … Read more

Many Finns are in for a cold ride – The government is postponing an embarrassing reform –

Many Finns are in for a cold ride – The government is postponing an embarrassing reform
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In Finnish municipalities, a development process is now underway to resolve it Petteri Orpon The (kok) government has only bad options. The government announced that it would postpone the much-awaited reform by many municipalities by a year, but that is not the only one of the municipalities’ woes. The financial situation of the municipalities is … Read more