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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 ...
Editorial : Monetary policy is supporting economic recovery — but the outlook for employment remains weak
(17.09.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The lockdown measures introduced to contain the global health crisis posed by the coronavirus pandemic led to a sharp contraction in economic activity during the second quarter of 2020. The world economy has already entered ...
A fragile recovery from the pandemic crisis has begun
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The global economic crisis caused by the coronavirus pandemic intensified in March 2020. The health crisis and the lockdown measures necessary to contain the epidemic led to an exceptionally sudden and sharp decline in ...
Accessible summary : Economic uncertainty continues, recovery expected to be uneven
(09.11.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
The worldwide economic crisis caused by the corona pandemic peaked in March 2020. In the early part of the year both output and consumption contracted suddenly and strongly; in other words, goods and services were both ...
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
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, ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 5/2020
(17.09.2020)
Bank of Finland. Bulletin 5/2020
Bank of Finland. Bulletin 5/2020
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
Coronavirus shock will further weaken bank profitability in the euro area
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
Expectations of a deteriorating economic outlook increased the risks to banks’ operating environment even before the coronavirus pandemic spread to Europe. At the end of 2019, banks’ return on equity was 5.2%, compared ...