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German economic award for ex-President Ahtisaari

President Ahtisaari shared the award with Nobel laureate economist Professor Daniel Kahneman and Harvard academic Professor Nathan Eagle. The Kiel Institute for the World Economy conferred the award at a gala ceremony in Germany Sunday.

Former Finnish President Martti Ahtisaari received the prestigious 2012 Global Economy Prize from Germany’s Kiel Institute for the World Economy Sunday.

President Ahtisaari was one of three joint winners of the award, which was conferred for advancing creative international discussion on the economy.

Other recipients of the award were the American academics Daniel Kahneman and Nathan Eagle.

Ahtisaari and Kahneman are both Nobel laureates, while Eagle is Assistant Professor at Harvard University and the chief executive of the mobile research and marketing services company Jana.

The prize is awarded for active discourse on economic matters as well as for initiatives that meet globalisation challenges using labour, financing, and commodities markets.

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Govt in internal tug-of-war over proposed financial reforms

Alexander Stubb, Juha Sipilä ja Timo Soini hallituksen vuoden 2016 talousarvioneuvotteluiden loppuinfossa valtioneuvoston linnassa Helsingissä.

The administration appears to be divided over a proposal to introduce a new securities register. Tabled by National Coalition chair and Finance Minister Alexander Stubb, the plan would allow Finns to own securities through foreign registries, effectively shielding ownership from local bodies such as the police, the media and tax authorities. The position of coalition member the Finns Party appears to be closer to that of the opposition SDP than to either of its government partners.

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