Negotiations on social contract terminated

It has been decided to terminate the social contract negotiations between the Government and labour market organisations. In the negotiations led by Prime Minister Juha Sipilä at Kesäranta, the Prime Minister’s Official Residence, on Thursday 20th August, the parties found that there were no grounds for further negotiations.

“I am extremely disappointed and sorry that we did not find a common path forward, particularly when the alternatives to the social contract are not at all easier. A serious effort was made to reach an agreement and no stone was left unturned,” says Prime Minister Sipilä.

 “I would like to thank Juhani Salonius for the work he did in exploring possible grounds for a social contract.”

On Friday, 21 August, the Government will begin preparing plans on alternative means to restore Finland’s economy in accordance with the objectives of the Government Programme. The goal is still to raise the employment rate, improve the country’s competitiveness, return GDP to growth and balance public finances.

Inquiries: Markus Lahtinen, Special Adviser to the Prime Minister in Economic Affairs, tel. +358 50 491 3842 and Riina Nevamäki, Special Adviser to the Prime Minister in Political Affairs, tel. +358 40 705 2593, Prime Minister's Office