According to Bloomberg, Finland’s incoming government program violates national and European legislation by threatening central bank independence, the Bank of Finland said in a letter to the designated prime minister.

Sections of the coalition program unveiled on Friday, June 16, are “problematic,” as they go against a key element of central banks’ autonomy that prohibits taking instructions from other parties in performing their duties, according to the letter to National Coalition Party head Petteri Orpo, dated June 17 and co-signed by central bank Governor Olli Rehn.

Earlier last month, Marja Nykänen, a board member at the Bank of Finland, called for measures to rein in the debt burden of households, reports YLE. She stated that such measures are required to protect the solvency of households in an environment where interest rates are continuing to rise, putting pressure particularly on indebted households.

Finnish households ran up significant new debt during the period of low interest rates, and many have had to tighten their belt amid rising interest rates as central banks look to keep inflation in check by raising the cost of borrowing. In Finland, housing loans are typically fixed to the 12-month Euribor, which has rebounded close to the 4%-mark after dropping closer to 3 in the wake of two bank collapses in the US.