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Public finances carried households and businesses through the COVID-19 crisis
(24.06.2021)
Bank of Finland. Bulletin 3/2021
Bank of Finland. Bulletin 3/2021
A large number of firms fell into distress due to the COVID-19 pandemic and many households have been significantly affected by furloughs and lay-offs. However, the non-financial corporations sector improved its overall ...
Supply bottlenecks are having wide-spread impacts on the economy
(02.02.2022)
Bank of Finland. Bulletin 5/2021
Bank of Finland. Bulletin 5/2021
The supply-chain disruptions constraining world economic growth and the rise in raw material and shipping costs are inevitably affecting the Finnish economy. Finnish industrial output has recovered to pre-pandemic levels, ...
Bank of Finland Bulletin: Bank of Finland articles on the economy 2/2020
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
Editorial : Regulation has strengthened the financial system’s resilience
(05.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
The resilience of banks, firms, and households is being put to the test as the Finnish economy and the economies of its important trading partners experience a sharp contraction. However, financial institutions' solvency ...
Accessible summary : Now is the time to deploy the rainy day buffers
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
The corona crisis has impacted negatively on the Finnish economy and on the country’s banks and their customers in a number of ways. The banks now need to deploy the financial buffers they have been accumulating since the ...
Pandemic demonstrates necessity of risk buffers : financial stability assessment
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
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 ...
Banks must be able to finance firms and withstand loan losses amid the coronavirus pandemic
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
Stricter capital requirements since the global financial crisis have improved the ability of banks to lend and absorb losses in a crisis situation like the coronavirus pandemic. A robust lending capacity is now needed to ...