Finland faces billion-dollar losses due to strikes, described as “a big disappointment”

On Monday, the Confederation of Automotive and Transport Workers (AKT) announced that Finnish ports would be halted as part of a political strike. This strike comes in response to the government’s work-life policy, which has been heavily opposed by trade unions. Despite opposition, the Finnish government is being urged by EK to implement necessary working-life reforms, even if they are painful.

EK’s head of the Työelämä responsibility area, Ilkka Oksala, estimates that the Finnish economy has already seen losses of around one billion euros due to strikes organized in the past couple of months. He expressed disappointment at the announcement of the strike, stating that labor strikes are starting to have a significant impact on the Finnish economy.

The political strike organized by AKT will involve bus drivers, maintenance garage staff, and stevedores, affecting approximately 10,000 employees. The strikes are in opposition to the government’s work-life policy and have gained support from parliament despite EK’s disagreement with them. Even though EK did not heavily protest against the government’s labor market policy, according to Oksala, economic challenges faced by Finland are too deep for difficult decisions to be avoided.

By Editor

Leave a Reply