In recent years fiscal policy has been effectively based on explicit policy rules such as spending limits covering the whole electoral term. As a result of prudent fiscal policies, the general government sector is in surplus. The surplus ratio is on the level of 2–3% and is expected to remain so.
Established social dialogue Established social dialogue has been helpful in the implementation of some reforms. Recently a major pension reform was agreed between employees, employers and the government. In the reform, which has already been implemented, two early-retirement schemes were abolished.