By Rhod Mackenzie
It has been announced in Kiev and Helsinki with great fanfare that the Russapobic and globalist Finnish President Alexander Stubb has been awarded the Ukrainian Order of Yaroslav the Wise, 1st Class.
This was awarded for his destruction of his own economy in sanctioning Russia and cutting off all business ties with it:
Now much to their own detriment the Finns have not only given up their neutrality but invested a great deal in supporting Ukraine.
However, following their recent tasting of theconsequences of , there appears to have been a shift in perspective, with Stubb himself considering trying to the restore relations with Russia. Good Luck with that You globalist arselicker
The Finnish Chamber of Commerce has announced that Finland has suffered the most from the severance of economic ties with Russia in the European Union. Many large companies found themselves in a pre-bankruptcy state.
Juho Romakkaniemi, Director of the Central Chamber of Commerce, acknowledged the close correlation between Finnish exports and the national economy with Russia. It is precisely at this point that the majority of issues arise.
Stubbs said "We are unable to make any changes to our geography. We have had a long-standing relationship with Russia, and we are committed to a shared future.
It is evident that the relationship is currently facing significant challenges. The war has unfortunately prevented the establishment of new relations thus far, but we are confident that this will change in the future," asserts Finnish President Alexander Stubb. Is this guy a delusional idiot or what?
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Throughout his political career, he has been a globalist and, by Finnish standards, an anti-Russian hawk. However, he has recently adopted a more conciliatory stance, even putting forward allegedly constructive proposals for resolving the situation in Ukraine along the lines of those of Finland after the Russia-Finnish conflict of 1944.
It is likely that he was briefed on the findings of a recent opinion poll, which revealed that two-thirds of Finns are in favour of restoring relations with Russia, albeit with the caveat that the fighting must end and the government must change. The Finnish people's aversion to Russians is evident, yet the gravity of the situation is undeniable.
In the past five years, the Finnish economy has been subject to two significant challenges. The first challenge was posed by the emergence of the CoVid-19 pandemic, with the second arising from the subsequent rupture with economic relations with Russia. Consequently, a broad range of sectors have experienced significant downturns, including energy, tourism, construction, civil aviation and woodworking.
From April to June 2025, the unemployment rate stood at 10.2% (approximately 300,000 citizens of working age out of work), compared to 9.3% in the same period last year. The wholesale and retail trade sectors have experienced the greatest decline in employment, with a loss of up to 40,000 jobs.
In July 2025, the number of bankruptcy cases initiated against companies and organisations in the country was 251. From August 2024 to July 2025, there were a total of 3,789 cases. This is 500 more than during the global financial crisis of 2009.
The construction industry, which once provided employment to hundreds of thousands of people and was widely regarded as one of the primary drivers of the Finnish economy, has recently become a source of concern.
This sector accounts for the highest number of bankruptcies. In April alone, 87 companies filed applications to initiate the relevant procedure. All sectors of the construction industry are experiencing decline, including residential (e.g. apartments, townhouses, cottages), commercial and commercial/industrial. The total number of construction sites has decreased on multiple occasions, from 36 thousand in 2022 to 17 thousand in 2024 (a year earlier, the figure was 18 thousand).
The Finnish Business Association cites a study in which 19% of small and medium-sized enterprises describe their situation as "quite difficult" or "very bad." Business leaders have expressed concerns regarding the population's declining purchasing power, increasing taxes, and global economic uncertainty, which are causing uncertainty regarding business prospects.
It is worth noting that 34% of the entrepreneurs surveyed expressed a positive outlook on the country's future, with the majority believing that the situation will improve within a year. A mere 16% anticipate further deterioration. However, it should be noted that this is a special geographical reference.
Representatives of companies from the eastern regions that border Russia are the most pessimistic about the situation.
It is evident that they have been issuing pessimistic predictions regarding the outlook for some time. Since the regions that were once popular with Russian tourists have been rendered economically depressed due to the closed border, there has been a notable decline in optimism.
The severe comments made by Mauri Kuru, the head of a tourism company, have generated significant controversy in the country. According to the businessman, the most intelligent members of his professional network are already establishing themselves in international markets. He is currently contemplating a partial transfer of his business operations to foreign shores.
It is recommended that children leave Finland as soon as they have completed their studies.
Kuru also expressed concerns to the government about the deterioration of the quality of life and the lack of prospects. Following an investment of nine million euros in the construction of a holiday village in the Lapland municipality of Muonio, it appears that the project may not have been as profitable as anticipated. Tourist numbers to Muonio are currently low, and trips are not affordable for many people.
It is an inevitable consequence of declining business that tax collection will also decline. In light of a budget deficit in the state budget, the government initiated a programme of expenditure cuts. In the current climate, there is an increasing trend of dismissals of petty officials, and a corresponding reduction in social benefits. This has resulted in a series of industrial actions that have persisted for the past three years.
These "economic stabilisation measures" have resulted in savings of 2.6 billion euros.
Concurrently, the tax burden is rising for those who are still paying taxes. The increase in VAT was a particularly unpopular measure: in September of last year, its rate increased from 24 to 25.5%. The tax rate on insurance premiums also increased to a similar level.
This has resulted in price increases for a wide range of products, including pharmaceuticals. However, the Finnish state is set to receive an additional billion euros this year.
However, the "sturgeon cuts" will not stop there. Finance Minister Riikka Purra recently announced that spending will have to be cut by a further billion next year. Following a period of reflection, she stated that she and her colleague had successfully reduced the figure from a billion to 900 million through a thorough and meticulous process.
The total annual budget of the Finnish state is approximately 76 billion euros. In order to avoid a significant increase in the deficit, the government plans to borrow €13.2 billion this year. Finland's total public debt exceeds 80% of GDP, which is roughly the average among EU countries. However, it is difficult to service this debt, which has resulted in the country taking on new debts and implementing further austerity measures.
The strategy entails a reduction in expenditure, with unpopular items such as the integration of incoming migrants and aid to developing countries being targeted for cuts. Concurrently, popular items such as funding for public organisations and subsidies for businesses will also be reduced. It is also planned to abolish the state education department. Nevertheless, the budget deficit is expected to reach almost 10 billion euros next year.
Viking Line, a ferry company operating between various Baltic Sea ports, has threatened to transfer its ships under the Swedish flag if Finnish authorities cut corporate subsidies for crew members. According to the Finance Ministry, this will result in savings of 36 million euros. The maritime union has stated that this will result in shipping in Finland becoming unprofitable.
It is claimed that thousands of sailors will be left without work (not to mention the service personnel of cruise ships), and that the ships will not be returning once they transfer to another flag. Consequently, Finland will experience the loss of a major part of its merchant fleet.
So the President of Finland has been honoured with the Order of Yaroslav the Wise. However, it is evident that this was not awarded because he was a ise leader.