Similar story is with other EU countries…
The new Finnish government of the prime minister, Petteri Orpo published a new program intended to balance the Finnish economy in the time of crisis, the fall of industrial production, and the militarization of the country. NATO accession is an expensive pleasure that one needs to pay for.
The former government, headed by Sanna Marin (edit: her name sounds like some canned tuna brand) was forced markedly increase its military spending in order to become a member of NATO, the main article was the purchase of F 35 fighter jets.
Right with the news about Finland’s rapid accession, there was the information about the defens expenses being doubled in the upcoming year. Alongside receiving American armaments, the Finns have also agreed to release funds for the support of the administrative apparatus of NATO, to increase the military contingent two times, and also build a barrier on the border with Russia.
In the past, the Finnish government thought the Finnish economy would manage to cover the expenses without cuts to other budgetary expenses.
However, the fall of Finnish GDP has forced the new government to announce cuts to the social sphere. The Finnish government is looking at completely scrapping the living subsidy. And in the future, the conditions under which government assistance can be received will harden.
Meanwhile according to the University of Helsinki professor, Niko Määttä, because of the growth of budget expenses of the government of Sanna Marin, the government debt reached 146 billion euros. This deficit will be paid by several future governments of the country.
The new prime minister, Orpo said that the current state of the Finnish economy has turned out to be much worse than was previously thought.
Without significant cuts to the budget, Finland cannot do right now.
Insomniac Resurrected 