Economy in Finland
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ALBANIA, 2016/01/02
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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FINLAND, 2015/08/02
German Finance Minister Schaeuble claims that he raised the possibility of a Greek exit to push for an alternative, and he did so with backing of the Merkel government. He used the threat of a violating the "irreversible clause" of the EMU Treaty as a cudgel to beat Greek Prime Minister Tsipras into submission.
It appeared to work. Tsipras has not only agreed to all the terms he before called "blackmail", but he agreed to essentially implement all the before agreements since the crisis began and additional.
There is a powerful argument that believes that Germany crossed an significant line. As Wolfgang Manchau wrote in the Financial Times, "They have destroyed the Eurozone as we know it and demolished the idea of a monetary union as a step towards a democratic political union...They demoted the Eurozone into a toxic fixed exchange-rate system, with a shared single currency, run in the interests of Germany, held together by the threat of absolute destitution for those who challenge the prevailing order."
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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FINLAND, 2012/12/15
Finland's consumer price inflation in November fell to the lowest level in extra than two years, data released by Statistics Finland showed on Friday.
The consumer price index rose 2.2 % year-on-year in November, after climbing 2.6 % in October. Economists had estimate an inflation figure of 2.5 %.
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FINLAND, 2012/12/10
Finland's industrial output declined for a third straight month in October, but at a slower pace. Industrial output fell working-day adjusted 0.7 % year-on-year in October, following a 2.7 % fall in September. In August, output fell 1.7 %.
Manufacturing production fell 1.3 %. Output in the electrical and electronics industry decreased by 11.7 %. Production in the mining and quarrying output declined 8.8 %. Food industry production was 2.8 % less, while metals industry output fell 3.3 %.
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FINLAND, 2012/10/10
An indicator of Finland's total national output increased at a slower pace in July, data released by Statistics Finland showed Tuesday.
The trend indicator of economic output increased a working-day adjusted 0.3 % year-on-year in July, slower than the revised 0.5 % gain seen in June. The revision to the June data was caused by the benchmarking of data to quarterly accounts and changes in the compilation methods, the agency said.
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FINLAND, 2012/06/21
Finland opposes any easing of the austerity measures agreed earlier by Greece, Finance Minister Jutta Urpilainen told the German regional daily Rheinische Post.
According to the newspaper interview, published on Wednesday, she said, "What has been agreed must be adhered to." "This has already been the very clear message to Greece," she said.
