the EU according to the commission, Finland is at risk of breaking the stability and growth pact provisions.Finland is not, however, need to submit a new budget plan to the commission, told the finance ministry in a statement.the Commission announced on Wednesday, 16. November its assessment of the euro area countries, the draft budgetary plans for the next year.the Commission will assess opinions on how member states comply with EU fiscal rules.Finland was mentioned in the risk group, although it remained in the same category of the stability and growth pact with respect to than in the past.the Commission did not consider the risk so serious that it would be asked of the new budget plan for next year.

housing expenditure as a percentage of retirement growth, because housing can keep housing services produced by along with as an asset, which is not desired for one reason or another gave up, told Yle.Traditional Finnish savings thinking comes from the fact that the ownership of the apartment is pension reserves, said Danske bank's leading pension expert Susanna Miekk-oja."the Home should, however, good to keep and sell it only then, when the need for care.the Responsibility of the ministry of finance is moving towards more and more people to himself."Miekk-oja has four decades of experience in the banking and investment sector.His specific knowledge of the sector's 50 -advice.

the Sdp mps, former finance minister and party leader Jutta Urpilainen I hope that the social - and healthcare reform returns to the government and the opposition parties to cooperate."If the opposition truly says, so the committee's work is not enough.the Issue is so important, that solution should apply to the party leaders in the middle", Urpilainen said the Economy in an interview.the reform of the biggest problems associated, in his opinion, the municipal healthcare and social services spin-off and the patients ' freedom of choice.Urpilainen refers to the freedom of choice given to expert opinion, according to which the cost savings are kysennalaisia."the Government's current model leads to an increase in public expenditure, and I don't think that kokoomuskaan wants it."

the Government set up by the task force presents in its report the incentive trap of the unloading means and their impact on employment.for Example, rent regulation group combat in its report, stating that "rent regulation is not the right solution for metropolitan high rents and the incentive trap".further report of the working group would, inter alia, the unemployed to a protected portion of the lift combined with the unemployment security basic components of reduction as well as housing assistance and family support of the changes.This can be used to finance cost-neutral at the same time reducing unemployment levels.the Protected portion is currently 300 euros, which means that the unemployed can make a month 300 euros without losing unemployment.according to Preliminary calculations, the unemployment security basic components of a lower level of 50 cents (eur 32.4 million to eur 31.9 eur a day) and corresponding to the protected portion of the growth of 600 euros would be more or less cost neutral measure.

finance minister Petteri Orphan (ioc) is annoyed by the confederation of Finnish industries EK:no recent president Veli-Matti mattila's assessment, according to which Finland is still 10-15% too high pay levels.Mattila said at the weekend Helsingin sanomat in an interview that Finland is still needed in several competitive contracts, so that competitors a head start, we'll be caught.That speech was not built for employment, but rather tearing it, what has been achieved”, the Orphan said to the Economy.in His view, Finland should now find the "together in new ways to improve the employment situation"."we Need reforms in the labour market, as more local agreement; the confrontation with them is not getting at the time.""Also, the employees have been ready to find solutions to the Finnish problem," the Orphan answered Mattila.

Financial scams is becoming more complex and less identifiable, and they do not decrease – on the contrary, the scams will be more rapid terminal connection rate.the Aalto university school of economics professor of finance Puttonen wrote together washingtonians counterparts, the American university professor H. Kent Baker, with more than 400-page book I: Investment Traps Exposed – Navigating Investor Mistakes and Behavioral Biases.the Book came in last week for sale on Amazon.'s.in Finland, according to records from, among other things, Wincapita and nordea of ten percent minus the financial crisis sunk into the ”low-risk” short-term funds.from the World Puttonen chose the Bernie Madoff pyramid scheme.wincapita to fall to the finns, with the level of education and mathematical knowledge are in the Pisa-survey in the light of the world”, Puttonen said.

the ministry of Finance has initiated the process of Independence for decades in 2017, 2018 and 2019 to celebrate the money amending regulation (194/2017) repeal.Once the regulation is repealed, the party the money is no longer legally exist.the minister of Finance, the national coalition party chairman of the Peter the Orphan was two weeks ago, accepted a commemorative coin from the beating.the Regulation was described as well as verbally that the image of the commemorative coin images and photo themes.an Orphan admits that he is drawn to the document sufficient attention."I don't pay sufficient attention to the regulation of the visual plan, but I trust the collector coin committee's proposal.

The smaller the amount of heat-retaining fireplaces, the better the bank Kauppalehti bank by comparison. Housing loans worth exceptionally well, Kauppalehti revealed a large bank comparison. POP group is an exception for the better Lavia Cooperative Bank, which reaches comparison, the top ten. It was able to increase its profits by nearly 10 percent and its operating profit margin of 57.3% was the best comparison. Municipality Finance is the leader in costs and revenues, relative to 14.1% and 85.9% in the operating result. In 2015, we grew all counts, explains Pekka Averio Municipality Finance's Managing Director in his review.

Yesterday Runa Capital, a venture investment firm operating globally from its offices in Moscow, London and San Francisco, announced that it has closed its second fund, Runa Capital Fund II, having raised $135 million.As a result, Runa has $270 million under management, taking into account its first fund, which also amounted to $135 million.The firm declined to disclose any information about the new fund s backers.Focusing on Series A and B investments in the USA and Europe, Runa Capital Fund II targets companies with high ambitions on the global market, essentially in the fields of complex enterprise software and cloud applications, education, public services, finance and health.The new fund logically follows our development over the past years,  said Dmitry Chikhachev, Managing Partner at Runa Capital.We will support those who aim to gain significant shares on highly competitive markets.Runa Capital Fund II — which began operating two years ago — has already made 13 investments, coming in addition to the first fund s 30 portfolio companies.Launched in 2010 by Sergei Beloussov, Ilya Zybarev and Dmitry Chikhachev, Runa Capital I initially focused on Russia.The fund progressively expanded its scope to investing globally, following a strong invest-abroad trend among Russian venture capitalists.Over the past few years Runa — which Dow Jones Venture Source ranked among the top three European funds in 2015 — has invested significantly in Californian and Western European startups.Most recently, Runa led a $5.6 million round for SchoolMint, a leading provider of mobile and online enrollment systems for US public, charter and private schools.

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd. s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that s predictable.We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year, Vijay Shekhar Sharma, chief executive officer of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong.One97, which was founded in 2000 by Sharma, doesn t plan to sell shares in an initial public offering for at least three years, Sharma said.The company has received funding from Intel Capital, private-equity firm SAIF Partners and Fitbit Inc.-backer Sapphire Ventures LLC.A Morgan Stanley fund marked down the value of its investment in Flipkart by more than 25 percent, paring the valuation to $11 billion in less than a year from as high as $15 billion.India s only food-tech unicorn, Gurgaon-based Zomato Media Pvt., saw its billion-dollar valuation slashed in half this month by analysts at HSBC Securities and Capital Markets India .Paytm started as a provider of value-added-services for mobile phones and later evolved into a marketing platform for consumer brands to reach customers via text messages and voice calls.The payment-processing system Paytm is the public face of One97.Its businesses include mobile-recharge services and an e-commerce platform where consumers can find goods including clothing and cameras.

Chinese home-appliance maker Midea Group 000333 -2.06 % announced Wednesday it plans to launch a takeover of Germany s Kuka AG KU2 28.84 % , in a deal that values the industrial robot maker at more than $5 billion, making it one of the largest unsolicited approaches of a foreign company by a Chinese buyer.Midea Group said it intends to increase the shares it owns in Kuka to more than 30%, which requires an offer for all issued shares in the Ausburg, Germany-based company.Morgan Stanley is providing Midea with a bridge loan to finance the deal, a spokeswoman for the Chinese company said.State-owned China Securities Finance Corp Ltd and private-equity firm CDH Investments are among Midea s minority shareholders.Closely held German engineering company Voith Group holds 25% in Kuka, with another 10% being held by German billionaire Friedhelm Loh via his holding company.On the bright side for Voith Group and Mr. Loh, stronger ties with Midea could help Kuka spur sales in China, which is the world s fastest-growing robotics market with an expected annual growth of 14% for the next few years, according to the Chinese company.

It will let users add live-updating spreadsheets to documentsCredit: QuipQuip, a Silicon Valley startup that s taking on the giants of the productivity software market, announced a major update to its spreadsheet capabilities Wednesday that s aimed at bringing its service more in line with Microsoft Excel.The service s spreadsheets now include features like the ability to merge cells, validate data and filter information in a sheet.These updates are key to helping Quip compete with its biggest rivals in the cloud productivity suite space: Microsoft s Office 365 and Google Apps for Work.That means the executive summary of a report can have the same data in a spreadsheet table and in a paragraph, because they re linked together.Taylor estimates they make up 80 percent to 90 percent of the users in a company.Of course, Quip s competitors aren t standing still.

It will let users add live-updating spreadsheets to documentsCredit: QuipQuip, a Silicon Valley startup that s taking on the giants of the productivity software market, announced a major update to its spreadsheet capabilities Wednesday that s aimed at bringing its service more in line with Microsoft Excel.The service s spreadsheets now include features like the ability to merge cells, validate data and filter information in a sheet.These updates are key to helping Quip compete with its biggest rivals in the cloud productivity suite space: Microsoft s Office 365 and Google Apps for Work.That means the executive summary of a report can have the same data in a spreadsheet table and in a paragraph, because they re linked together.Taylor estimates they make up 80 percent to 90 percent of the users in a company.Of course, Quip s competitors aren t standing still.

The company, which has refashioned itself into a maker of wireless and Internet network equipment, won t make or sell cellphones and tablets directly.Rather, Nokia said Wednesday that it has entered a series of licensing pacts with Finnish and Asian partners.Nokia said it has granted patent and design rights to a newly created company based in Finland, HMD Global Oy, which will be in charge of global marketing through a 10-year exclusive agreement.As part of a separate but related transaction, Microsoft said it has agreed to sell Nokia s former entry-level phone business, which it has owned since 2014, to HMD and Foxconn for $350 million.Two years ago, the U.S. company spent €5.4 billion $6.1 billion to acquire Nokia s wireless device assets.Nokia said revenue from the entry-level phone operations would help HMD finance a $500 million investment in a global marketing campaign over the next three years.

View photosMoreA battery charger sign for electric cars is painted on the ground of a parking ground near the soccer stadium in Wolfsburg, Germany, April 6, 2016.Under the new plans, electric cars will be exempt from paying vehicle tax for ten years with retroactive effect from Jan. 1, 2016.Employees who charge their electric vehicles at work will also pay a reduced tax rate of 25 percent on this non-cash benefit, the Finance Ministry said.The tax breaks come on top of plans agreed last month between government ministers and the car industry to give buyers of electric cars a 4,000 euro incentive, while buyers of plug-in hybrid cars will get a premium of 3,000 euros.Germany, the biggest carmaker in Europe, currently has only about 50,000 purely battery powered vehicles and plug-in hybrids among the 45 million cars using its roads.The government hopes the new incentives will help sell an additional 400,000 electric cars.

Nokia announced on Wednesday that it had signed a strategic trademark and patent license agreement, which provides for the Finnish global HMD for the right to use the Nokia brand in the manufacture of mobile phones and tablets. Nokia tune its balance sheet more productive use of intellectual property. The main risk is the partner choice, because the final product must meet the promise of the Nokia brand. Nokia gives HMD for the mark and the mobiiliessentiaalipatenttilisenssien the right to use the royalties, but Nokia does not finance the company financially and does not own shares of the company, Nokia's release states. FIH Mobile Limited announced Wednesday it will acquire the rest of Microsoft's basic phone business, including equipment manufacturing, sales and distribution. According to Nokia, the HMD is planning to invest over 500 million US dollars over the next three years worldwide marketing of mobile phones and tablets sold in Nokia's trademark: This would be to finance the company's investors and acquired the basic phone business income allows.

Nokia announced on Wednesday that it had signed a strategic trademark and patent license agreement, which provides for the Finnish global HMD for the right to use the Nokia brand in the manufacture of mobile phones and tablets. Nokia tune its balance sheet more productive use of intellectual property. The main risk is the partner choice, because the final product must meet the promise of the Nokia brand. Nokia gives HMD for the mark and the mobiiliessentiaalipatenttilisenssien the right to use the royalties, but Nokia does not finance the company financially and does not own shares of the company, Nokia's release states. FIH Mobile Limited announced Wednesday it will acquire the rest of Microsoft's basic phone business, including equipment manufacturing, sales and distribution. According to Nokia, the HMD is planning to invest over 500 million US dollars over the next three years worldwide marketing of mobile phones and tablets sold in Nokia's trademark: This would be to finance the company's investors and acquired the basic phone business income allows.

Photo: Asim Bijarani International research in the ICT sector and consulting company Gartner analyst, Nokia's brand is being taken to a competitive market. Nokia announced on Wednesday that it has made a trademark and a patent license agreement, which gives the HMD Global for the right to create mobile phones and tablets Nokia brand. For Nokia, this is risk-free, however, another option. Nokia does not finance the company financially and does not own shares in the company. These competitive market requires more than well-known brand. Investors seem enthusiastic license agreement, as Nokia's share was 2.1 per cent rise 4.63 euros on the Helsinki Stock Exchange.

International research in the ICT sector and consulting company Gartner analyst, Nokia's brand is being taken to a competitive market. Nokia announced on Wednesday that it has made a trademark and a patent license agreement, which gives the HMD Global for the right to create mobile phones and tablets Nokia brand. For Nokia, this is risk-free, however, another option. Nokia does not finance the company financially and does not own shares in the company. These competitive market requires more than well-known brand. Investors seem enthusiastic license agreement, as Nokia's share was 2.1 per cent rise 4.63 euros on the Helsinki Stock Exchange.

View photosMoreA sign of Alibaba Group is seen at CES Consumer Electronics Show Asia 2016 in Shanghai, China, May 12, 2016.REUTERS/Aly SongHONG KONG Reuters - Hong Kong's securities regulator said that Chinese e-commerce giant Alibaba Group Holding Ltd breached takeover rules in the purchase of a healthcare firm in 2014 because it also bought a company owned by the brother of the healthcare firm's vice chairman on "favourable terms."Alibaba agreed to buy a stake in CITIC 21CN, now known as Alibaba Health Information Technology Ltd , for $170 million two years ago.Hong Kong's Takeovers and Mergers Panel, part of the Securities and Futures Commission SFC , ruled that Alibaba's purchase of Hebei Huiyan "constituted a special deal with favourable conditions which were not extended to all shareholders and was a clear breach of the Takeovers Code," according to the decision published on Wednesday.But the e-commerce firm added the regulator issued a new waiver in view of the sharp rise in Alibaba Health stock since 2014, meaning Alibaba is not currently required to launch a full buyout.Alibaba owns 38 percent of Alibaba Health, but last year injected an online pharmacy business into Alibaba Health.