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Consolidation measures strengthen public finances
(30.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
The effects of the Government’s economic policy programme are assessed separately in this alternative scenario, as the programme is not included in the baseline forecast. The consolidation measures, if carried through, ...
Ambitious objectives needed for structural reforms and cost-competitiveness
(10.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
The Bank of Finland has emphasised that the problems of the Finnish economy are not primarily cyclical, but largely of a longer-term, structural nature. In addition to the weakness of the global economy, activity has been ...
Fiscal effects of immigration depend on labour market outcomes
(18.12.2015)
Bank of Finland. Bulletin 5/2015
Bank of Finland. Bulletin 5/2015
Immigration will bring about a favourable change in the age structure, as the majority of immigrants are young adults. The effects on the public finances will above all depend on the impact of population growth on the costs ...
Pace of debt growth disquieting
(18.12.2015)
Bank of Finland. Bulletin 5/2015
Bank of Finland. Bulletin 5/2015
The prolonged recession in the Finnish economy has been directly reflected in the public finances, which have posted a deficit for 6 years already. In 2017, the public debt will rise to over 68% of GDP, which is more than ...