Clear News | Friday 11.09.2026

Loan interest rates. Financial skills for young people. Mining messes. Weather forecast.

Mortgage interest rates

First, some news about the economy.

The European Central Bank (ECB) has raised its key interest rate.

The ECB wants to stop the rise in prices. The rise in prices is accelerating because of the war with Iran.

The European Central Bank (ECB) has raised its key interest rate.

Interest rate hikes affect Finnish housing loans.

Economist Kaisa Kivipelto says that the banks knew how to wait for the ECB’s decision.

Mortgage interest rates have already risen to over three percent.

Therefore, the ECB’s interest rate decision will not raise mortgage interest rates any further.

However, the ECB may raise interest rates further this year.

Financial skills for young people

Now, news about young people’s finances.

There are big differences in young people’s financial skills, according to a new study.

High school students know more about money than vocational school students. Boys know more about money than girls.

17-year-old Anni Ryti is studying for a degree in transportation at a vocational college. She also attends evening high school.

Ryti saves money.

He learned important financial skills at home because his parents talked about money.

“How do you want to handle your finances? What kind of situations do you want to be in?” Maybe you want to build up a buffer and avoid a terrible amount of debt.”

There are big differences in young people’s financial skills.

Professor Terhi-Anna Wilska says that poor financial skills can lead to debt and poverty later on.

Therefore, financial education needs to be increased, especially in vocational schools.

Cleaning up old mines

Finally, environmental news.

Municipalities may have to pay for the cleanup of old mines.

This is the old Särkiniemi mine in Leppävirta.

The municipality of Leppävirta will have to pay for the mine cleanup.

The mining company went bankrupt, and the state has no money to help.

State money went to clean up another mine.

Municipal Mayor Matti Raatikainen says that the bill is out of school funds.

Municipalities may have to pay for the cleanup of old mines because the perpetrators of environmental destruction cannot be held accountable.

The Association of Local and Regional Authorities wants the state to pay for the cleanup of mines in the future.

Saturday weather

Still a weather forecast.

The sun will shine in the west on Saturday.

It is cloudy in the east.

It can rain a little in the south sometimes.

The temperature is 10–18 degrees.

It is warmest on the west coast.