New government puts brakes on Fortum

Finland gets a left-leaning government led by the conservatives after a bizarre negotiation circus. Fortum is sliding in Helsinki Stock Exchange as the new government programme includes a windfall tax. In addition to that, Fortum will not get its wish to replace Loviisa nuclear plants after they reach the 50-year plateau in around 15 years time, at least during this governments' projected 4-year reign.