Finnish gov't announces austerity measures to curb public debt
HELSINKI, April 16 (Xinhua) -- The Finnish government under Prime Minister Petteri Orpo on Tuesday published 3 billion euros (3.21 billion U.S. dollars) worth of austerity measures to balance public finances.
The general value added tax (VAT) rate will increase from 24 percent to 25.5 percent and taxation of high-income pensioners will be tightened. Public spending will also be reduced and many state-funded serv