The Finnish authorities suggested to allocate €10 billion for support of the power companies

Helsinki, Finland (Photo: Tomi Hänninen/Newspix24/Global Look Press) suggested to allocate State Council of Finland the anti-recessionary package of €10 billion, on September 5 a measure will consider country parliament, reports Yle. According to the plan of the authorities, support will be expressed in granting by the state from this sum of credits and guarantees to the energy companies if they are threatened by insolvency. Politicians emphasized that it not a subsidy, namely I will jam on market conditions. The measure purpose — in advance to be prepared for possible financial problems in a power market and...