Finnish government hands out £470 per month to unemployed for next 2 years

The government in Finland has begun a pioneering programme which aims at cutting bureaucracy, reducing poverty and boosting employment.

The country has become the first in Europe to pay its unemployed citizens a basic monthly income of €560 (£470, $576) starting from 1 January for the next two years. The basic stipend is worth a small fraction of the Finnish average private sector income, which stands at around €3,500 a month according to official data.

Why advertise with us The measure is part of an electoral promise made by Prime Minister Juha Sipila, who took office in May 2015, and […]

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