An 18-year-old gunman killed two people and wounded seven others in what appeared to be a random shooting in a southern Finnish town, police said Saturday.

Officers arrested the suspect near Hyvinkaa, some five hours after he fired several shots from a low rooftop at people gathered outside a restaurant just before 2 a.m. (2300 GMT Friday), said Detective Chief Inspector Markku Tuominen.

Tomi Marjuaho repaired mobile phones for 10 years in the town of Salo in southern Finland, where Nokia, the world's top cell phone-maker, set up its wireless operations in the 1980s.

He took a severance package in 2010, as Nokia started hitting hard times, and has not found work since.

A gunman opened fire at a crowded school and an office building in southern Finland on Friday before he was arrested by police, officials said.

No-one was injured in the school attack but police said one person was slightly wounded in the office building attack.

Helsinki's streets are festive with vibrant Christmas decorations and bright advertisements tout the season's must-have gifts as shoppers bustle through packed stores, yet something is amiss: there's no snow.

The absence of white stuff has not only left Christmas revelers gloomy, it has affected businesses ranging from ski resorts to retailers and of course, snow removal companies.

A controversial European Union bid to impose a tax on financial transactions is intended to make the finance sector pay something back after massive public sector bailouts in recent years.

Draft European Commission legislation endeavors to prevent companies from relocating outside the single market, as critics claim, or consumers from picking up the tab further down the line, as campaigners fear.

Police in Finland announced Friday they have arrested two people suspected of financing terrorist activities and recruitment.

"Police have begun an inquiry into a suspected case of financing and recruiting for a terrorist activity," the National Bureau of Investigation said a statement on the arrests carried out last week.

Nokia on Thursday unveiled its two cheapest cellphones to date aimed at attracting users in the low end market as it fights increasing competition from Asian manufacturers.

The Nokia 100 and 101 — priced $30 (€20) and $35 (€25) respectively — will be available in the third and fourth quarters of the year.

A debate over which eurozone countries can demand collateral from Greece in exchange for loan guarantees threatens to derail the quick approval of Athens' second bailout program, experts warn.

"Finland has said right from the beginning that it would not back any loans without collateral, and if this arrangement is no longer acceptable to other nations, then it takes us back to square one," Teija Tiilikainen, head of the Finnish Institute of International Affairs, told Agence France Presse.

Finland's foreign ministry on Monday won the Steam Spirit Prize for promoting sauna culture abroad, organizers said, hailing Finnish diplomats for using saunas to help forge international relations.

"The prize is given for a deed, a person or an event promoting sauna culture. The recipient meets all these criteria," Sauna Society chairman Ben Grass said in a statement.