Finland’s prime minister and finance minister joined in criticism of Stephen Elop’s proposed €18.8m pay-off from Nokia in a highly unusual interference from the Nordic country’s government in a private company.
Jyrki Katainen, the centre-right prime minister, told Finnish TV at the weekend that such bonuses could not be justified during difficult times.
Calling the pay-off “quite outrageous”, he added: “Apparently the practices of rewards by large corporations all over the world are so exceptional that they cannot be understood with common sense.”
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