Finland has implemented a subsidy scheme to compensate industrial producers for the indirect costs of the emissions trading system. Maria Wang shows in her dissertation that the subsidy has not been optimally designed. Its recipients are mostly large companies that do not suffer from the increase in electricity costs caused by emissions trading.

The corona crisis has affected the Finnish economy, but to a lesser extent than originally feared. During the crisis, business activities have been supported both directly and indirectly, including measures such as the easement of lay-off rules. The Government is currently preparing a third cost support packages for companies. However, the Government should consider shifting the focus from direct support such as cost support to indirect support, such as guarantees by Finnvera.

The Helsinki GSE Situation Room states in its latest report that the number of layoffs has continued to grow strongly. The report is presented at an open access webinar in Zoom on Thursday, 14 May at 8 am.

Individual wellbeing doesn’t always add up to team wellbeing – but reflection and open communication can help.