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EstLink 2 damage weakens electricity adequacy on cold days
The failure of the EstLink 2 transmission link between Estonia and Finland weakened the adequacy of electricity on very cold and windless winter days, according to the…
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Volkswagen sees overall sales drop 2.3% in 2024
German auto giant Volkswagen saw total sales across all of its brands fall last year compared to the year before, reported dpa, quoting the company on Tuesday.…
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4,829 debt restructuring petitions filed in 2024
A total of 4,829 debt restructuring petitions of private persons were filed with district courts in 2024, according to Statistics Finland. The number of petitions filed…
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Wages, salaries drop from last month, rise from last year
The working day adjusted wages and salaries sum of the whole economy was 0.4 per cent higher in November 2024 than in November 2023, according to Statistics Finland. The…
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Service industry sees growth
Working day adjusted turnover in service industries grew by 3.2 per cent in November 2024 from November 2023, according to Statistics Finland. Service output or volume,…
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New car registration drops by 15% in Finland in last year
A total of 74,072 new passenger cars were registered in 2024, which was 15 per cent fewer than in 2023, according to Statistics Finland. In December, 2024, a total of…
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Interest rates on new household, corporate loans drop
The average interest rate on new household and corporate loans has decreased rapidly, and the average interest rates on the loan stocks have begun to recede, said the…
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Meta to phase back in political content on Facebook, Instagram, Threads
As part of an overhaul of its content moderation policies announced on Tuesday, Meta said it would once again phase in political content into Facebook, Instagram and…
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German electric vehicles sales collapse in 2024 after end of subsidy
Sales of electric vehicles in Germany collapsed in 2024 following the cancellation of a government subsidy, official figures showed on Monday, reported dpa. Around…
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German solar power capacity surpasses key milestone of 100 gigawatts
Solar power made another leap in Germany in 2024, industry figures showed on Monday, with total installed capacity surpassing 100 gigawatts for the first time, reported…
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