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International economy making swift recovery from COVID-19 crisis, but there’s still some way to go
(12.10.2021)
Bank of Finland. Bulletin 4/2021
Bank of Finland. Bulletin 4/2021
The international economy is recovering from the COVID-19 crisis. Recovery is underpinned by the rising vaccination coverage and accommodative monetary policies. The steep contraction in the international economy last year ...
Pandemic continues to cast a shadow over the outlook for European banks’ credit risks
(04.05.2021)
Bank of Finland. Bulletin 1/2021
Bank of Finland. Bulletin 1/2021
The COVID-19 pandemic has led to an increase in the credit risk faced by European banks. Although the pandemic’s negative impact on the economy has been eased thanks to various support measures, there is still much uncertainty ...
The ECB’s strategy review work highlights an evolution of views on monetary-fiscal interactions
(22.09.2021)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
As a part of their recent monetary policy strategy review, the ECB set up a workstream for the purpose of reviewing interactions between monetary and fiscal authorities in the euro area. The findings of this workstream ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 4/2021
(16.09.2021)
Bank of Finland. Bulletin 4/2021
Bank of Finland. Bulletin 4/2021
Inflation expectations help in analysing the euro area inflation outlook
(16.09.2021)
Bank of Finland. Bulletin 4/2021
Bank of Finland. Bulletin 4/2021
Inflation is recovering from an exceptional decline caused by the COVID-19 crisis. For monetary policy and price stability, it is more important to assess inflation developments over the medium term rather than short-term ...
Accessible summary : Euro area economy now recovering quickly, but after-effects of COVID-19 crisis still visible
(12.10.2021)
Bank of Finland. Bulletin 4/2021
Bank of Finland. Bulletin 4/2021
The global economy is recovering from the COVID-19 pandemic with the support of vaccines and economic policy. Inflation, or the increase in the general level of prices for goods and services, has accelerated globally as ...
Monetary policy measures taken during pandemic revived euro area economy
(12.10.2021)
Bank of Finland. Bulletin 4/2021
Bank of Finland. Bulletin 4/2021
During the COVID-19 pandemic, monetary policy securities purchases and policies to support bank lending have helped us avoid a deeper recession and deflation in the euro area. As a consequence of the securities purchases, ...
The future of cash in Finland : a basic service secured by law?
(21.04.2021)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
Cash, banknotes and coins, is a familiar means of payment for everyone. The use of cash as a means of payment has declined and the use of cards has increased over the last twenty years. The coronavirus crisis has further ...