Bank of Finland publications

International observers have been making increasingly alarmed comments about the Russian banking sector in recent months. What is behind these concerns, and could emerging vulnerabilities lead to a genuine crisis?

You don’t have to be much of a fortune-teller to note that there is continuing uncertainty both in the Finnish summer and in the global economy. On a chilly summer’s day like the one we’ve experienced this week, a Finn can simply stoke a fire in the sauna stove – problem solved. Unfortunately, there is no silver bullet to economic uncertainty. Rather than fanning the flames, we need to keep a cool head.