The Finnish Ministry of Transport and Communications is set to establish €1.05 million in state funding for the Finnish News Agency (STT), as announced in a recent statement. This funding aims to help STT maintain its operations, with stipulations that the agency and its owners commit to rapidly developing its services. Minister Lulu Ranne highlighted the funding as a necessary response to the broader challenges facing the media sector in Finland, emphasizing STT's role in providing reliable and neutral news coverage.

The background for this initiative includes discussions that took place at a roundtable hosted by Minister Ranne in autumn 2025, where participants recognized STT's struggles as emblematic of a wider crisis affecting the media industry. The ministry's assessment indicates that there is an ongoing need for organizations like STT to deliver trustworthy news, particularly in a landscape increasingly characterized by competition and changing consumer preferences.

This financial aid reflects an acknowledgment from the Finnish government of the media industry's transformation and the significant impact it has had on domestic news media operations. The ministry stated that the funding would support not only the sustainability of STT but also its development, addressing the various challenges posed by the evolving media landscape in Finland.