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Bank of Finland Bulletin - Articles on the economy from the Bank of Finland

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Bank of Finland Bulletin - Articles on the economy from the Bank of Finland

  • Suomeksi
  • Bank of Finland
  • Media

  • Home
    • Finnish economy
    • Money and payments
    • Financial stability
    • Monetary policy
    • International economy
  • Blogs
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    International economy

    We monitor developments in the global economy, the euro area and key economic regions, and assess their impact on Finland. We publish analyses and blogs posts on topics such as international trade, economic policy, geopolitics, energy, and the economies of China and Russia.

    Analysis
    Analysis Published on 07.05.2026
    • International economy
    • Lauri Vilmi
    • Markku Lehmus
    • Juho Pitkäranta

    Why are euro area households saving more than usual?

    Since the COVID-19 pandemic, the household savings rate in the euro area has been exceptionally high.The savings rate has been driven up in particular by the decline in households’ real wealth, higher interest rates and increased public deficits. Increased uncertainty due to the Middle East war and higher energy prices are slowing the recovery of private consumption.

    • Analysis
      Analysis Published on 07.05.2026
      • International economy
      • Sami Oinonen
      • Meri Obstbaum
      • Seija Parviainen
      • Harri Pönkä
      • Pasi Ikonen

      Productivity and energy costs are weaknesses in euro area competitiveness

      Economic growth in the euro area has been undermined in recent years by the erosion of competitiveness in relation to the United States and China. This has been mainly attributable to the subdued growth in labour productivity and the fact that energy has remained significantly more expensive than in competitor countries.

    • Blog
      Blog Published on 24.02.2026
      • International economy
      • Sinikka Parviainen

      Four years of full-scale war: How Ukraine is building economic strength

      It has been over a decade since Russia launched military actions against Ukraine and this week marks the fourth anniversary since the full-scale invasion, yet Ukraine’s economy continues to grow, evolve and even innovate.

    Analysis
    Analysis Published on 01.10.2025
    • International economy
    • Monetary policy
    • Lauri Vilmi
    • Jaakko Nelimarkka
    • Markku Lehmus

    Will higher defence spending boost euro area growth?

    Analysis
    Analysis Published on 26.03.2025
    • International economy
    • Jaakko Nelimarkka
    • Markku Lehmus
    • Juhana Hukkinen

    Is the euro area investing enough?

    Analysis
    Analysis Published on 26.03.2025
    • International economy
    • Lauri Vilmi
    • Jetro Anttonen
    • Sanna Kurronen
    • Pasi Ikonen
    • Risto Rönkkö

    How will the trade war hit the economy?

    Blog
    Blog Published on 24.02.2025
    • International economy
    • Sinikka Parviainen

    Economic resilience key in Ukraine’s three-year fight for survival

    Analysis
    Analysis Published on 14.11.2024
    • International economy
    • Monetary policy
    • Markku Lehmus
    • Jetro Anttonen

    Impact of geopolitical surprises on euro area inflation varies case by case

    Analysis
    Analysis Published on 14.11.2024
    • International economy
    • Monetary policy
    • Lauri Vilmi
    • Jaakko Nelimarkka

    Will the euro area’s robust employment growth continue?

    Analysis
    Analysis Published on 14.11.2024
    • International economy
    • Monetary policy
    • Olli-Matti Laine
    • Aleksi Paavola
    • Eeva Kerola

    Impact of ECB’s policy rate changes on corporate loan rates varies strongly across countries

    Blog
    Blog Published on 11.11.2024
    • International economy
    • Sanna Kurronen

    Who’ll pay Trump’s tariffs?

    Blog
    Blog Published on 06.11.2024
    • International economy
    • Russian economy
    • Chinese economy
    • Iikka Korhonen

    BRICS membership – What’s not to like?

    Blog
    Blog Published on 04.10.2024
    • International economy
    • Russian economy
    • Heli Simola

    Russia further increases military expenditure at the expense of other financing needs

    Simply Short
    Simply Short Published on 01.10.2024
    • International economy
    • Monetary policy

    Inflation down but euro area’s manufacturing still struggling with high energy costs

    Blog
    Blog Published on 07.05.2024
    • International economy
    • Russian economy
    • Heli Simola

    Military dominance increases imbalances in the Russian economy

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    Suomen Pankki 

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    00101 Helsinki 

    Tel +358 9 1831

    Bank of Finland Bulletin

    Bank of Finland Bulletin’ is the Bank of Finland’s website for publication of topical articles on economic issues in English by Bank of Finland staff. The website is maintained by the Bank of Finland, which also has overall responsibility for the site.

     


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