Current issues


Prime Minister Stubb met South Korean President and Prime Minister in Seoul

Prime Minister Alexander Stubb met the President of the Republic of Korea Park Geun-hye and Prime Minister Chung Hong-won in the country's capital, Seoul. Mr Stubb had bilateral discussions with the President and the Prime Minister today on Thursday 20 November.

"In the future, Finland and Korea could work together, for example, on the development of a 5G network and the preparations of PyeongChang 2018 Olympic Winter Games in Korea," said Prime Minister Stubb.



Trade ministers to discuss the future guidelines for EU trade policy in Brussels

Minister for European Affairs and Foreign Trade Lenita Toivakka will participate in the European Union Foreign Affairs Council meeting on Friday, 21 November.

At their meeting the trade ministers will discuss updating the EU¿s trade defence instruments and the reciprocity of public procurement. The ministers will adopt conclusions on the future guidelines of the EU's trade policy and on the transatlantic trade and investment partnership between the EU and the United States.



Keit Pentus-Rosimannus, the new Foreign Minister of Estonia, to visit Finland

Foreign Minister Keit Pentus-Rosimannus of Estonia will visit Finland on 21 November 2014 and will meet Foreign Minister Erkki Tuomioja. Pentus-Rosimannus of the Reform Party was appointed to the post on 17 November following the transfer of Urmas Paet, who had long served as Foreign Minister, to the European Parliament.

The foreign ministers will discuss, among other topics, bilateral relations, current events in Ukraine, Russia and the Middle East, as well as EU issues.



Government proposes amendments to the 2015 budget

The Government agreed on amendments to the 2015 budget proposal on 17 November 2014. The proposed amendments foresee additional appropriations of EUR 107 million and a reduction of EUR 97 million in estimated revenues.

The amendments to the budget proposal will increase the State¿s net borrowing needs by about EUR 203 million. Consequently, the State would borrow the net amount of EUR 4.7 billion next year. The proposed amendments will be presented to Parliament on 20 November.