Free Money and the Race to Save Nordic Welfare in the Euro Zone

Free Money and the Race to Save Nordic Welfare in the Euro Zone

Petteri Orpo Photographer: Roni Rekomaa/Bloomberg The only Nordic member of the euro zone is trying to figure out how its social welfare model can survive the future.

Finnish Finance Minister Petteri Orpo says the support system that his countrymen have relied on for more than half a century needs some profound adjustments as the population ages and debt repayment grows more challenging.

“It is clear that the social security that was created in the past is not working properly anymore,” Orpo said in an interview. “It does not fulfill its basic mission. We have to update the system to meet today’s […]

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