Pages

Saturday, November 7, 2015

Finnish government avoids break-up, reaches reform deal

By Jussi Rosendahl HELSINKI (Reuters) - Finland's centre-right government early on Saturday struck a deal over cutting costs in the recession hit country's healthcare system, avoiding the coalition's break-up but raising questions over its future ability to pass painful reforms. Prime Minister Juha Sipila, a former telecoms executive, had in a surprise statement on Thursday threatened to break up his government after only five months in power, in case it could not reach agreement on the reform by Friday. It also highlights the challenges in the Nordic country that has been hit by string of problems, such as the decline of Nokia's phone business and recession in neighbouring Russia, and which is seen growing slower in 2015 and 2016 than any other EU country, excluding Greece.


READ THE ORIGINAL POST AT uk.news.yahoo.com