Finland's Framework Budget Announcement
This is a Murmansk news story, published by Yle News, that relates primarily to Riikka Purra news.
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tax cutsYle News
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Thursday's papers: Budget framework and a former Finns Party figure in Russia
79% Informative
Finance Minister Riikka Purra ( Finns ) had said there was no room for tax cuts, as the state finances and the wider economy were in such poor shape.
Now the tune has changed, and the so-called dynamic feedback created when you cut taxes for high earners is expected to boost the economy.
An economist at the VATT Institute for Economic Research likens the move to taking out a payday loan.
Sakari Linden was recently in Murmansk for Russia 's International Arctic Forum .
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