Posts Tagged ‘Finnish’

Wage Earner’s Purchasing Power Set to Rise in 2009 – in Finland

Monday, January 12th, 2009

YLE reports that despite the economic downturn in Finland, those who retain their jobs can expect to see an increase in real income of 4.6% this year.  By contrast, last year’s increase was 1.5%.

Quoting the Taxpayer’ Association, YLE notes that ”The group attributes the improvement to slowing inflation and tax cuts. This year earned-income taxes are to be lowered overall to the tune of 870 million euros. The government — under the lead of conservative Finance Minister Jyrki Katainen — has also removed some tax penalties for raising one’s earned income”

Congratulations to Martti Ahtisaari, Nobel Laureate

Monday, October 13th, 2008

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Former Finnish president (1994) Martti Ahtisaari was recognized by the Nobel Committee for his success in brokering deals as a United Nations envoy.  He was cited for his work in helping Namibia achieve independence from South Africa, for ending the 3 decade long conflict between the Aceh movement and Indonesia, and for negotiating the end of the 1999 Nato air campaign in Kosovo.  His work in Kosovo became the blueprint for the new Kosovo constitution.  He has also been involved in mediation in Iraq, Northern Ireland, Central Asia, and the Horn of Africa.