Wednesday’s Newspapers: Economic Forecast, NCP Harassment Scandal, Midsummer Traffic Jams | New

The heaviest traffic over the Midsummer weekend is expected to be on Thursday, causing traffic jams and long transit times, the Finnish Transport Agency warns.

Highways 9, 5 and 4 are likely to see the most traffic in mid-summer, and there can also be queues at ferries to the Turku archipelago, warns the state traffic agency. transport. Image: Jari Kovalainen/Yle

Helsingin Sanomat (siirryt toiseen palveluun)Finland’s largest daily newspaper, reports on a press conference held on Tuesday by the leaders of the National Coalition Party (NCP) following the deputy Wille Rydmanthe resignation of the party’s parliamentary delegation. This followed a briefing at Helsingin Sanomat which alleged he had been investigated by police over this behavior towards several women, some of them minors.

Earlier on Tuesday, the NCP announced that its leader Petteri Orpo and chairman of the parliamentary group Kai Mykkanen held talks with Rydman after HS published the allegations on Sunday, leading Rydman to decide to resign.

Orpo said the NCP first heard of the allegations against Rydman last winter when reporters began inquiring about them. While Rydman discussed the allegations with the party at the time, his explanations were deemed satisfactory, HS reports.

The party later learned that the National Bureau of Investigation (NBI) investigated the case, but its findings resulted in no action. The briefing and its content came as a complete surprise to the party, Orpo told reporters.

“It wasn’t until we read Helsingin Sanomat’s article on Sunday morning that this was all taken to a whole new level. We didn’t have such knowledge,” Orpo said.

party secretary Kristiina Kokko said on Tuesday that the party could not have conducted a better investigation into the Rydman case, since the police are better equipped to handle such cases, especially when it comes to such young people.

Orpo echoed that sentiment, saying the party doesn’t have the resources or capacity to investigate such a matter. However, he added that the party is currently doing everything in its power to understand the course of events and prevent similar situations from happening again.

“We will do everything possible to ensure that no one in the National Coalition Party has to worry about whether it is safe to participate,” Orpo said.

Inflation weighs on purchasing power

Finland’s economy is expected to grow 1.7% this year, but next year growth will slow to 0.5%, the bank said. The growth rate will reach 1.5% in 2024 if the global economic slowdown eases and inflation slows, TS reports.

“There is now no justification for fiscal easing through across-the-board tax cuts or large-scale income transfers, even if accelerating inflation is now making a deep dent in real incomes and power. buying,” he added. Olli Rehnthe governor of the Bank of Finland, told the newspaper.

Finland is currently experiencing a strong economic cycle and employment is improving, but at the same time public finances are burdened by a fiscal sustainability gap, Rehn said, adding that targeted temporary measures may be needed.

Despite high inflation causing hardship, increased transfers would lead to even higher inflation, Rehn told TS, adding that the wage deals should avoid a return to the wage inflation spiral the country has experienced in the past. past.

Midsummer traffic jam

Fintraffic, the national traffic management agency, predicts that the peak of mid-summer traffic will be concentrated on Thursday, June 23, leading to traffic jams and increased transit times.

Highways 9, 5 and 4 are likely to see the most traffic, and there may also be queues at ferries to the Turku archipelago, writes IL. In southern Finland, traffic jams will be concentrated between noon and 7 p.m., while in the north they are likely to last until the evening.

Finnish roads will be less congested on Friday than on Tuesday, according to the agency, IL reports.

Return traffic will be heaviest on Sunday, June 26, from mid-morning until 10 p.m. As with the outbound peak, congestion will be concentrated on Highways 4, 5 and 9.