Haku

The vulnerabilities related to housing finance have increased in Finland during the COVID-19 pandemic. Long housing loans are being taken out more than ever and a larger proportion of new mortgages are being granted to ...

Russia’s war on Ukraine has caused immeasurable human suffering and destruction for the people of Ukraine. Russia's attack weakened the economic outlook rapidly in spring 2022, and financial stability risks increased in ...

The coronavirus pandemic is rapidly pushing the global economy into a deep recession. Due to the effects of the pandemic, Finnish businesses are facing the most serious difficulties since the Finnish banking and economic ...

The standstill in the Finnish housing market is the most severe since the country’s recession of the early 1990s. The risks posed to the financial system will ease, however, if interest rates start to fall and Finland’s ...

Finland’s financial system is stable, but the standstill in the housing and real estate markets and the considerable sensitivity to interest rate movements are adding to the risks. The deterioration in the international ...