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Bank of Finland Bulletin : Bank of Finland articles on the economy 3/2022
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Energy will dominate euro area’s economic outlook for a long time yet
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
The euro area has been drawn into an energy crisis that could have a long-term impact on the area’s economy. The escalating price of energy is increasing euro area import prices, weakening the current account and further ...
Interim forecast : Energy crisis will shrivel growth in Finnish economy
(21.09.2022)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
The economy in Finland is weakening after a strong start to the year. The energy crisis and rising inflation have increased the risk of a recession, and the economy is expected to contract slightly in 2023. The faltering ...
Editorial : Monetary policy tightening to bring inflation down to target – Managing energy crisis takes key role
(29.09.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Russia’s war in Ukraine is stifling the economy’s promising recovery following two years of the COVID-19 pandemic. The war has not only shaken the foundations of Europe’s security order but has also considerably weakened ...
Accessible summary : Energy crisis pushing up general price level – Adverse impact on economic growth still to come
(29.09.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
Energy prices have risen substantially within the euro area. Natural gas and electricity, in particular, have become more expensive as a consequence of Russia’s war in Ukraine. The effects of the energy crisis on the economy ...
War’s price tag for Russia will be high
(18.10.2022)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Russia’s war in Ukraine is, above all, a massive human tragedy and an assault on Ukraine’s economy and society. But Russia, too, will end up paying a high price for its cruel decision to wage war. The war’s price tag for ...
Rising import prices are hitting the real economy
(28.10.2022)
Bank of Finland. Bulletin 3/2022
Bank of Finland. Bulletin 3/2022
The euro area is a net energy importer. In 2020 slightly over 60% of the euro area’s gross available energy was imported from elsewhere. Soaring energy prices have pushed up import prices for euro area countries. This ...
Russia’s annual budget plan portrays subdued stimulus to cope with recession, larger deficits could lie ahead
(28.10.2022)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The government budget plan for 2023−2025 covers the entire consolidated budget, which incorporates federal, regional and local budgets plus state social funds. Publication of consolidated budget data was discontinued last ...
Interim forecast for the Finnish economy, September 2020 : Recession followed by slow recovery
(19.09.2020)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
According to the Bank of Finland’s assessment, Finnish GDP will contract by 4.7% in 2020 and grow at an annual rate of 2–3% in 2021–2022. Even though the recession appears to be shallower than feared in the spring, it is ...
How about a comprehensive assessment of the European recovery fund?
(29.05.2020)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
The European Commission, on Wednesday, published its proposal for a European recovery fund to help restart the economic engines in a Europe shaken by the coronavirus.
Finnish debate seems to be focusing on the risks and ...