MEAE Group prepares for the effects of the coronavirus
Government increases business financing due to COVID-19 and provides EUR 1 billion in direct subsidies
The Government is allocating EUR 1 billion for direct business subsidies. Of this amount, EUR 700 million is intended for grants provided by Business Finland and EUR 300 million for grants provided by centres for economic development, transport and the environment.
Notice period for temporary lay-offs and the duration of co-operation negotiations will be shortened due to COVID-19
On 20 March, the Government decided on first-hand measures to be taken to secure people’s livelihood and liquidity of companies in the difficult situation caused by the coronavirus. On 26 March, the Government submitted its proposal to Parliament on amendments to the Employment Contracts Act, the Seafarers’ Employment Contracts Act and the Act on Co-operation within Undertakings. The amendments are intended to be in force for three months, or until 30 June 2020.
Employers obligated to notify the TE Office of dismissals of ten or more employees
The provision obligating employers to notify the TE Office of dismissals of ten employees or more on financial or production-related grounds will be re-included in the Employment Contracts Act. The amendment will enter into force on 9 April 2020.
Restaurants closed to customers, ordering takeaway permitted
Finland is currently in a state of emergency because of the COVID-19 coronavirus outbreak, and in order to prevent the spread of the virus, restaurants, cafés and licensed premises will be closed to customers as soon as possible. On 24 March 2020, the Government submitted a government proposal on the matter to Parliament, which will bring the matter into discussion immediately. The purpose of these actions is to protect the population and to safeguard the functioning of society. These restrictions will remain in force until 31 May 2020.
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See also
Talent Boost
The objective of the Government’s joint Talent Boost programme is to make Finland more attractive to international talents and to channel the expertise of international talents already in Finland to support growth, internationalisation and innovation in Finnish companies.
Low-carbon roadmaps 2035
The Government will work to ensure that Finland is carbon neutral by 2035 and carbon negative soon after that. In accordance with the Government Programme, sectoral low-carbon roadmaps will be drawn up in cooperation with companies and organisations in the relevant sectors.
Ministry
Ministers
Tuula Haatainen
Minister of Employment

