All Finnish ministries will begin to apply the ‘one-in, one-out principle’ in order to lighten the administrative burden on companies. According to the principle, Government-proposed increases in regulatory burdens on companies must be matched by equal reductions in regulatory burdens elsewhere. The work will begin immediately after the start of Parliament’s spring session.

The operating environment, which has changed rapidly, requires a more comprehensive review of Finland’s security of supply and the development of the operational framework. The report on security of supply prepared by the Ministry of Economic Affairs and Employment outlines the long-term development objectives for security of supply.

The interconnected natural gas markets of Finland, Estonia and Latvia will open to competition in early 2020 once the Balticconnector pipeline connecting the Finnish and Estonian gas networks is up and running. The Government proposes that the amendments to the Natural Gas Market Act enabling this reform be ratified at the presidential session on 22 February 2019.