Tomorrow, March 23, marks Nordic Day, an important day worth celebrating. This year also marks the 70th anniversary of the common Nordic labour market, which is the region’s cornerstone.

k8-b8e8paj9jrm-unsplash

At the core of the Nordic identity lies the Nordic model, a distinct way of organising the Nordic countries that emphasise social dialogue and cooperation among trade unions, employer organisations, and governments. This tripartite system enables stakeholders to collaboratively negotiate labour market policies, wage agreements, and social welfare programs. For NFU, safeguarding and upholding the Nordic model is essential.

As we recognise the 70 years of the joint Nordic labour market, we also acknowledge NFU’s own milestone of reaching a century of existence, celebrated just last year. The foundation of NFU is based on Nordic cooperation. With over 125,000 members across its Nordic-affiliated unions, NFU stands solid and united.

At NFU’s 100th Anniversary conference last year, President Michael Budolfsen powerfully encapsulated the organisation’s values of cooperation, creativity, dialogue, and inclusion. He emphasised NFU´s belief in the strength of collective effort: “We can go further together than each of us can go individually”.

As we celebrate, it’s important to remember the challenges that Europe faces, including the emergence of right-wing extremist parties. Despite the increasingly bleak political landscape, the Nordic model serves as a source of inspiration, highlighting the strength of cooperation and inclusivity. It is now more vital than ever to continue upholding our Nordic shared values of democracy, human rights, equality, and sustainability.

There is a reason why the Nordic countries have consistently ranked high on the UN-sponsored World Happiness Report. The most recent report, released on March 20th, 2024, shows that Finland, Denmark, Iceland, and Sweden are the top four countries, with Norway close behind in seventh place. With that said, Happy Nordic Day 2024! Today, let us celebrate this important day and the enduring spirit of cooperation that continues to define the Nordic region and NFU.

More news

glenn-carstens-peters-npxXWgQ33ZQ-unsplash

New European Study Highlights Trust as Cornerstone of Industrial Relations

A new EU-funded research project confirms what Nordic Financial Unions (NFU) have long emphasised: trust between social partners is the key to successful cooperation and creates better outcomes. The findings from the TRUE Europe project reflect the core...
guillaume-perigois-wVqC9dty3VQ-unsplash

NFU Press Release: Disappointing European Parliament Vote Weakens EU Sustainability Framework

Carin Hallerström, NFU’s General Secretary, expressed deep disappointment over yesterday’s vote in the European Parliament on the Omnibus I package, which amends the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Du...
giovanni-gagliardi-b1omwFGldMU-unsplash

PSD3 & PSR: Where the Trilogues Stand

The EU’s payments package — the Payment Services Regulation (PSR) and the Payment Services Directive (PSD3) — is edging closer to political agreement. The EU co-legislators met last week (23 October 2025) for their second-to-last political trialogue. Fo...

This website uses cookies

Cookies consist of small text files. They contain data that is stored on your device. To enable us to place certain types of cookies we need to obtain your consent. At Nordic Financial Unions, corp. ID no. 802007-0473, we use the following kinds of cookies. To read more about which cookies we use and storage times, click here to access our cookies policy.

Manage your cookie-settings

Necessary cookies

Necessary cookies are cookies that must be placed for basic functions to work on the website. Basic functions are, for example, cookies which are needed so that you can use menus on the website and navigate on the site.

Cookies for statistics

For us to measure your interactions with the website, we place cookies in order to keep statistics. These cookies anonymize personal data.

Cookies for ad-tracking

To enable us to offer better service and experience, we place cookies so that we can provide relevant advertising. Another aim of this processing is to enable us to promote products or services, provide customized offers or provide recommendations based on what you have purchased in the past.

Ad measurement user cookies

In order to show relevant ads we place cookies to tailor ads for you

Personalized ads cookies

To show relevant and personal ads we place cookies to provide unique offers that are tailored to your user data