Browsing through the Estonian political parties’ election manifestos, it is clear that the economy is not the main issue in the upcoming Riigikogu elections. Speaking on talk show “UV Faktor,” economics experts said, that when it comes to issues related to the Estonian economy, many of the parties propose toContinue Reading
Meanwhile a leading economic think-tank predicts that the Finnish economy will enter recession by year’s end. The Ministry of Finance predicts that Finland’s gross domestic product (GDP) will grow by 1.7 percent this year but will slow to 0.5 percent in 2023 before recovering somewhat to 1.4 percent in 2024.Continue Reading
Finland may lose its competitive edge compared to other nearby countries after the coronavirus crisis, warns an article published by the Bank of Finland on Wednesday. According to Bank of Finland adviser Lauri Kajanoja, the price of labour in Finland increased between 2019 and 2021 in relation to the eurozoneContinue Reading
According Birgitta Berg-Andersson, a researcher at the Research Institute of the Finnish Economy, the latest sanctions imposed by the United States on Russia will have little impact on the Finnish economy. “It seems quite far fetched that this would affect Finnish companies and business,” she told Yle. The US sanctionsContinue Reading