Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Finland Business Forecast Report Q2 2014

Finland Economy: New country economic figures released


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-04 01:17:03 - Finland Business Forecast Report Q2 2014 - a new country guide report on companiesandmarkets.com

Core Views Over the short term, we believe that Finland´s fiscal situation remains one of the most robust in Europe, and do not expect it to suffer from a ratings downgrade in the near future, expecting it to remain one of just four remaining countries in the eurozone to be awarded AAA status from all three major ratings agencies.

However, over a longer time horizon, looming structural challenges pose a threat to public debt dynamics and may impede fiscal flexibility.

Several key sectors, including forestry and papermaking, shipbuilding and telecommunications remain in terminal decline, while high labour costs are acting as a deterrent for investment and importers of Finnish goods, despite strong structural competitiveness. This has cast doubt over the government´s ability

 

 

to sustainably increase aggregate demand through fiscal stimulus.

Major Forecast Changes We have revised down our estimates for real GDP in 2013, and now expect a contraction of 0.8%, versus a previous forecast of 0.2%, followed by growth of 1.1% in 2014 and 1.6% in 2015.

Key Risks To Outlook A deeper than anticipated eurozone recession represents a severe downside risk to our export forecasts for Finland. While we are already pencilling in a significant slowdown, a eurozone real GDP contraction of 1% or greater could severely impinge upon Finland´s highly integrated export market, weighing heavily on Finland´s real GDP growth in 2013 and beyond as a consequence.

While not our core view, due to the strong historical legacy of consensus-based political decision making in Finland, we do not rule out the possibility that the rise of the populist euro-sceptic parties could lead to more difficult domestic policy formation.

Click for report details: www.companiesandmarkets.com/Market/All-Sectors/Country-Guide/Fin ..

Browse all All Sectors Country Guide Reports www.companiesandmarkets.com/Market/All-Sectors/Country-Guide?aCo ..

Browse all All Sectors Company Profile Reports www.companiesandmarkets.com/Market/All-Sectors/Company-Profile?a ..

Browse all Latest Country Guide Reports www.companiesandmarkets.com/Market/All/Country-Guide?aCode=f3fb3 ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com