Yle sources: MPs set to reach historic 'debt brake' deal
6 Articles
6 Articles
On Tuesday, the parliamentary parties committed to long-term debt reduction, i.e. cuts and tax increases. HS explains how and why the agreement on the debt brake came about.
All major parties have committed to the debt brake – including the Social Democratic Party. The Social Democratic Party and the Center Party can say that they are committed to responsibility just as much as the National Coalition Party, and it is not as easy to criticize the Social Democratic Party for lax financial management.
Finland is to introduce a national debt brake, stricter than what the EU requires, in the 2030s. All parties except the Left Alliance are on board with it.
The parties reached a parliamentary agreement on the debt brake. The Left Alliance was the only party to stay out of the agreement.
The Left Alliance was left out of the debt brake approved by other parliamentary groups. The party's chairwoman Minja Koskela criticizes the new structure as problematic from a democratic perspective. On Tuesday, the parliamentary groups almost unanimously reached an agreement on the so-called debt brake. These are common rules by which the parties agree to curb debt in the coming election periods. - This is a historic day. This is the day when …
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Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
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