Finland's PM resigns

|By:, SA News Editor

Finnish Prime Minister Jyrki Katainen will step down in June after three years in the job, saying he's interested in an international position such as on the European Commission.

Katainen leaves amid a stagnant economy and after the government agreed to €6.6B of measures to slash the deficit.

His center-right National Coalition party will choose a new leader at its congress in June. Possible contenders include Economy Minister Jan Vapaavuori.

ETFs: EFNL