February 24, 2024 11:41 am
Finland faces billion-dollar losses due to strikes, described as “a big disappointment”

The Finnish Confederation of Automotive and Transport Workers (AKT) announced on Monday that they would be halting operations at ports across the country as part of a political strike. This strike comes in response to the government’s work-life policy, which has been met with opposition from trade unions. Despite their disagreement, the Finnish government is being urged by EK to implement necessary working life reforms, even if they are painful.

Ilkka Oksala, head of the Työelämä responsibility area of the Finnish Confederation of Finnish Business (EK), has estimated that the Finnish economy has already lost around one billion euros due to strikes organized in recent months. He expressed disappointment at AKT’s decision to stage a political strike, stating that labor strikes have begun to have a significant impact on the country’s economy.

The strikes, organized by SAK unions, are in opposition to the government’s work-life policy, which they believe weakens the position of employees. These strikes have gained support from parliament members despite EK’s disagreement with them.

Even though EK did not fully align with the government’s labor market policy, they did not heavily protest against it. According to Oksala, the economic challenges faced by Finland are too deep for difficult decisions to be avoided. As such, he believes that it is important for all stakeholders in society to come together and find a solution that benefits everyone involved.

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