HELSINKI Aug 7 The Finnish government plans to
increase its sale of shares in Finnish companies next year to
help bring down its budget deficit, the finance ministry's
blueprint for 2015 budget showed on Thursday.
Finland's finance ministry has proposed a 2015 budget of
53.4 billion euros with a deficit of 4 billion euros, which
would push government debt to 100 billion euros next year.
Details published on Thursday showed that the budget
proposal is based on an assumption of 1.164 billion euros in
income from the sale of shares owned by the state. It did not
name the companies.
That is more than double the 490 million euros budgeted from
share sales this year, with the 2014 budget deficit expected to
be about 7 billion euros.
The government owns some company shares directly and some
through investment vehicle Solidium, which holds 8.3 billion
euros worth of stock in listed companies including Sampo
(Reporting by Sakari Suoninen; editing by Jane Baird)