Day: March 27, 2020

Finnish Commerce Federation: Quick decisions on direct subsidies are needed, especially with regard to rental expenses – follow the lead set by the other Nordic countries

The Finnish Commerce Federation urges the Government to quickly decide on direct subsidies for companies to cover costs such as rental expenses. The specialty goods trade is facing a critical situation due to the coronavirus epidemic, so there is a pressing need for decisions. According to information that has been discussed in public, the use of subsidies from ELY Centres for paying salaries and rent will be possible going forward, and the Government Decree that will enable this is currently being drafted. Even if the legal drafting process for the Government Decree is completed next week, it is essential for this decision to be given preliminary confirmation as soon as possible. The Finnish Commerce Federation proposes that the solution should follow the lead set by the other Nordic countries that have introduced direct subsidies.