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Assessment of public finances 2017 : Overall positive sentiment will not resolve structural problems in public finances
(18.12.2017)
Bank of Finland. Bulletin 5/2017
Bank of Finland. Bulletin 5/2017
Finland’s rapid economic growth in 2017 has notably improved the situation for the public finances. With the cuts in taxes related to the Competitiveness Pact, fiscal policy will ease in 2017 and 2018 and the structural ...
Assessment of public finances 2021 : Time for fiscal policy to refocus on the future
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
Managing the consequences of the COVID-19 pandemic still requires a lot of work, but in many sectors of Finland’s economy the engines are already firing on all cylinders. The elevated structural deficit in the country’s ...
Assessment of public finances 2019
(17.01.2020)
Bank of Finland. Bulletin 5/2019
Bank of Finland. Bulletin 5/2019
Sound fiscal policy should be conducted keeping in mind the economy’s long-term challenges. Finland's population structure is becoming increasingly unfavourable on account of its declining working-age population and growing ...
Assessment of public finances 2020 : Attention should already be turned to the post-crisis years
(12.01.2021)
Bank of Finland. Bulletin 6/2020
Bank of Finland. Bulletin 6/2020
During the acute phase of the COVID-19 pandemic, fiscal policy has been deployed to support households and businesses hit by the crisis. At the same time, fiscal stimulus has been stepped up to bolster economic recovery. ...
Finland’s crisis-hit public finances need strengthening
(25.01.2023)
Bank of Finland. Bulletin 4/2022
Bank of Finland. Bulletin 4/2022
In recent years, Finland’s public finances have drifted from one crisis to the next. The pandemic, Russia’s war in Ukraine, the energy crisis and high inflation, along with continued low economic growth, have caused radical ...
Fiscal policy and debt sustainability in the euro area since the COVID-19 pandemic and energy crisis
(03.05.2024)
Bank of Finland. Bulletin 1/2024
Bank of Finland. Bulletin 1/2024
Structural deficits in euro area countries have become substantial compared with the pre-pandemic situation. The sustainability of government debt levels depends on the size of the interest rate-growth differential and ...