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Finnish environment spending to fall in 2006

The Finnish government will spend €895m on the environment in 2006, nearly 8% lower than this year's total, according to budget proposals released by the environment ministry. The largest cuts are in environmental subsidies for agriculture, which should fall from €322m to €265m. Environmental tax revenue is continuing to rise and should account for 12.5% of all government income next year, the fourth highest share in the EU. An annual review of natural resources and the environment published alongside the budget highlights key environmental challenges facing Finland. See press release and annual review

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