Finland warns of 'extremely difficult' public finances

Finnish Finance Minister Riikka Purra has issued a stark warning about the country's public finances, describing the situation as 'extremely difficult.' She stated the government debt-to-GDP ratio is approaching 90%, a critical threshold. The minister attributed the economic pressure to a combination of external factors and internal issues, including high unemployment, nearly zero growth, and an aging population. The statement highlights significant fiscal challenges for the Nordic nation.