A weak economic environment calls for a sustainable and long-term economic policy. Finland has every opportunity to succeed if debt sustainability is taken as a common goal and a firm commitment is made to this across parliamentary terms.
The economy is performing weakly, and there are a number of reasons for this. Higher prices and interest rates continue to be a strain on household consumption. Investment is low. Residential construction, for example, is on hold. Consolidating Finland’s public finances is more challenging than expected.
Finland’s economy is in recession Finland’s economy is in recession and will not start to pick up until and will not start to pick up until the end of 2024.
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