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Finland falling further behind euro area growth
(30.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
Economic growth in Finland has been slow for a prolonged period, both historically and by international comparison. In recent years, growth has been depressed not only by the weak international economy, but also by sectoral ...
Recovery hinges on export markets
(30.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
Weaker-than-expected developments in the global economy would erode Finland’s export-driven growth. On the other hand, a more prolonged period of low commodity prices and the positive effects of accommodative monetary ...
National accounts for the first quarter of 2015
(30.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
According to the most recent quarterly national accounts, real GDP in the first quarter of 2015 contracted by 0.1% quarter on quarter but remained unchanged year on year. The quarterly national accounts data signal a broadly ...
Global economic growth will gain momentum in the forecast period
(30.06.2015)
Bank of Finland. Bulletin 3/2015
Bank of Finland. Bulletin 3/2015
Global economic growth will gain momentum in the forecast period. The sliding oil price will benefit oil-importing countries. In the euro area, the Extended Asset Purchase Programme (EAPP) has reduced funding costs, improved ...
Forecast risks predominantly on the downside
(18.12.2015)
Bank of Finland. Bulletin 5/2015
Bank of Finland. Bulletin 5/2015
Growth in corporate investment and exports is expected to be reflected in slowly improving output in the immediate years ahead. Nevertheless, owing to increased uncertainties in the global economy, there is a possibility ...
Finland’s long-term growth outlook
(14.01.2015)
Bank of Finland. Bulletin 5/2014
Bank of Finland. Bulletin 5/2014
The prolongation of the recession, accumulation of public debt and ageing of the population are eroding the growth potential of the Finnish economy. Potential output growth is expected to remain below 1% over the next 25 years.
Structural reforms can provide an answer to lean years in global economy
(02.10.2015)
Bank of Finland. Bulletin 4/2015
Bank of Finland. Bulletin 4/2015
Structural reforms are playing an increasingly important role in the recovery of long-term outlook for growth. Globally, growth has been slow since the Great Recession. Reasons for this have been sought from both supply- ...
Outlook for emerging economies worsened
(18.12.2015)
Bank of Finland. Bulletin 5/2015
Bank of Finland. Bulletin 5/2015
Near-term growth in the global economy and world trade will be slower than previously forecast. However, low commodity prices and the condition of the monetary economy will support global growth. Economic recovery is ...