Tuesday's papers: "Iron Lady" criticism, Trump tariffs, and a remote work return

The Finns Party recorded a poor result on Sunday in the local and regional elections, with many voters staying at home.

Riikka Purra.
Riikka Purra (Finns) had a disappointing night on Sunday. Image: Emmi Korhonen / Lehtikuva
  • Egan Richardson

Finland's newspapers continue to analyse election results from Sunday, with the wave of support for left-wing candidates and the poor showing from the Finns Party the two key issues.

Iltalehti's columnist Sanna Ukkola writes that the Finns Party's difficulties stem from the party's decision to enter government with the National Coalition Party and implement many of the cuts that are central to the NCP's ideology, but quite far from the priorities of Finns Party voters.

As Finance Minister, Finns Party leader Riikka Purra has to be the face of the cuts to an extent, argues Ukkola, but taking on that job is also a choice. In 2015 Finns Party leader Timo Soini went for the Foreign Minister job instead.

Ordinarily the leader of the second largest party in government gets to be Finance Minister, but in becoming Finland's top diplomat Soini took some distance from that government's difficult decisions.

Purra, meanwhile, decided to personify many of the austerity measures, posing with scissors and taking a hard line on any opposition to the government's programme.

Ukkola argues that this was a miscalculation from Purra, who was keen to profile herself as a competent and tough Finance Minister — and maybe enjoyed media stories comparing her to former British Prime Minister Margaret Thatcher, nicknamed the "Iron Lady" by the UK press.

But her party paid the price for that at the ballot box, according to Ukkola.

Trump tariff shock

Ilta-Sanomat carries a story about the economic chaos caused by Donald Trump's on-again, off-again love affair with trade tariffs.

Trump has caused market turbulence and stock market plunges since he started threatening and implementing tariffs on a range of countries.

This makes planning difficult for companies, threatening Trump's own idea of "re-shoring" manufacturing, but it is also very difficult for governments.

Senior Finance Ministry official Mikko Spolander says that the next set of forecasts are due this month, but they might not be all that reliable given the considerable uncertainty around American foreign and trade policy.

The government is set to re-calibrate its budget at the halfway point of the parliamentary term, with a series of meetings on 22-23 April.

Spolander says that is too early to fully understand what's coming.

The ministry is preparing two scenarios, the baseline and the "trade war". But it is difficult to make decisions in this situation, says Spolander.

"We can't really know what kind of situation we will be in one month or half a year from now," said Spolander. "The purpose of the alternative scenario is to explain the risks and the uncertainties, and how and with what force these risks could affect the economy."

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Remote work return

Helsingin Sanomat interviews an employee of the If insurance company, who is preparing for the firm's rejigged remote work policy by applying for new jobs elsewhere.

The company has ruled that staff must be in the office 60 percent of the time, which is a big change from the previous regime which allowed individual teams to decide their own remote working practices.

The employee interviewed by HS says that they have moved further away from the office since Covid, in order to have better facilities for remote work, and does not see the point in ending the arrangement.

Working in a team with people from other Nordic countries, office-based work largely involves remote meetings anyway — with an hour-long commute tacked on at the start and end of each working day.

The company told the paper that they are aiming to better facilitate co-operation at work and foster a sense of belonging.

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