Austerity at the expense of working people
15. September 2025
On the same day that the Central Bank Governor announced the Bank's decision to hold interest rates steady, the Minister of Finance stepped forward and announced increased austerity in public finances. In fact, the Central Bank made no mention of public finances when explaining its decision, as the current inflation is generally not believed to stem from government spending.
VR Board Protests Cuts to Unemployment Benefits
11. September 2025
The VR Board strongly protests the government's plans to reduce the period of unemployment benefits by a full year and to extend the qualification period for these rights, without consulting the labour movement. The Board supports the importance of early intervention and activation for people who lose their jobs, but points out that there are significant shortcomings in these areas.
