The Finnish Ministry of Transport and Communications has announced its intention to prepare financial support exceeding one million euros for the Finnish News Agency STT. Minister Lulu Ranne stated that the proposed amount is 1.05 million euros, aimed at ensuring STT's continued operation. However, this support comes with the requirement that the agency and its owners commit to a swift development and renewal of its operations to enhance its competitive edge in the media landscape.

The announcement of the support coincided with the release of a ministry memorandum discussing the current state of the domestic media sector, future prospects, and measures to enhance competitiveness. The memorandum stems from a roundtable discussion organized by Minister Ranne in the fall, where the challenges faced by the media sector were highlighted. In this context, STT's challenges were identified as a concrete example of the broader issues affecting the industry.

The support is characterized as a one-time aid package, emphasizing the need for STT to innovate and renew itself to ensure its operational continuity in a challenging media environment. The government’s recognition of the current struggles faced by news agencies like STT underscores the importance of financial backing in maintaining diverse media voices and upholding a healthy democratic discourse in Finland.