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Finland to test out basic income scheme

Finland's government will test an unconditional basic income amid a growing debate on the subject in EuropeSwitzerland may have voted against the controversial idea of paying all its citizens a guaranteed income, but Finland indicated Thursday it plans to try out a monthly basic payment of 560 euros ($600). The government said it had chosen the figure for an unconditional basic income in line with a manifesto pledge by centrist Prime Minister Juha Sipila, who took office 15 months ago. Former businessman Sipila wants to see if the measure can boost employment and simplify the welfare benefits system, and plans to test the idea on a 2,000-strong sample of randomly selected working-age residents.

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