Finland’s economy is forecast to expand by just under 1% this year, according to Yle News. At the same time, the country’s debt-to-GDP ratio is expected to climb above 90%, underscoring the pressure on public finances.
The figures point to a recovery that is still moving slowly, even if the outlook is positive. A debt ratio above 90% suggests that Finland’s room for fiscal manoeuvre will remain limited in the near term.
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