Indebtedness

Economy & Business

BUSINESS

Spain's 2021 net public debt issuance to be 25% lower than estimated

The Nomad Today 12/8/21

The average cost of the debt issued in the year will be negative for the first time in history, at -0.02%

Finland

HOUSING LOANS

53% of Finnish households in debt

The Nomad Today/dpa 6/27/21

The total amount of these loans was 131,600 million euros in 2020, 3.4% more than the previous year

Finland

INDEBTEDNESS

Home loans are 45% larger in Helsinki than the Finnish average

The Nomad Today 6/18/20

The size of loans grew at a rate three times higher in the capital region during last year.

Finland

Government launches plan to reduce Finnish households overindebtedness

The Nomad Today 1/29/20

Household debt in relation to income is higher than ever before. New forms of loans, operators outside the traditional banking sector and new practices have increased the availability and…

Finland

Finland considering to set legal limits on household indebtedness

The Nomad Today 10/1/19

A working group of the Ministry of Finance proposed that the amount of a household’s all credits should not exceed 4.5 times the annual gross income of the household when applying for new credit and…