Economy

Finland

Finnish economy

Consumer confidence less gloomy in May

The Nomad Today 5/27/20

Consumers' views on Finland's economic development were still close to the historical all-time low in 2008 to 2009.

Coronavirus

Ministers for EU affairs discuss de-escalation and economic recovery

The Nomad Today 5/26/20

The Commission told about progress in the preparation of the first annual Rule of Law Report.

Finland

Wages and salaries sum grew by 3.1% in the first quarter

The Nomad Today 5/18/20

Growth was higher in the private sector.

Finland

Finland's current account in deficit of 1.2 billion in March

The Nomad Today 5/13/20

The financial account was in balance.

Finland

Finland faces economic collapse if restrictions last 6 months

The Nomad Today 5/4/20

The Stability Programme sent by the Government to Brussels includes an "alternative scenario" in which restrictions would last half a year. Then, Finland's GDP would fall 12% and deficit would…

Finland

Consumer confidence fell to lowest level ever

The Nomad Today 4/27/20

Consumers' expectations of their personal situation are not as bad as those related to the future of the Finnish economy. Pensioners had the gloomiest expectations.

Finland

Finland notifies Brussels of increases in deficit and debt

The Nomad Today 4/22/20

General government deficit was 2.7 billion euros, 700 million more than the year before. Consolidated debt grew by around 3 billion and amounted to 142.5 billion at the end of 2019.

Finland

Sponsored

Here's what you need to know before moving to Finland

The Nomad Today 4/9/20

The prosperous economy, high standard of living and wonderful nature make this country your perfect destination.

Coronavirus

CORONAVIRUS

Covid-19: Foreigner.fi readers fear more for health than for the economy

The Nomad Today 3/31/20

Foreigner.fi will ask a different question about Finland and Finnish lifestyle every Friday on its official Twitter account @foreignerfi

Finland

Consumer confidence sinks in March amid coronavirus crisis

The Nomad Today 3/30/20

Finns do not trust the country's economy, but remain confident about their own capacity to resist this situation. The majority of responses were given prior to the Government's announcement of…

Finland

Coronavirus

Government facilitates layoffs to help companies during the epidemic

The Nomad Today 3/26/20

On the other hand, the conditions for accessing unemployment benefits are also softened.

Finland

Coronavirus

Government agrees on a 15 billion package to save jobs and the economy

The Nomad Today 3/20/20

The measures aim to secure the livelihoods of people who are laid off, the entrepreneurs and freelancers.

Finland

Gross domestic product grew by 1% in 2019

The Nomad Today 3/18/20

Government deficit increased and was 1.1% relative to GDP.

Finland

Shortage of empty containers due to coronavirus brings economic disaster

The Nomad Today 3/11/20

Container shortage triggered a domino effect in the economy. 

Finland

Consumer confidence in the Finnish economy remains negative

The Nomad Today 2/28/20

In February, consumers estimated that Finland’s economic development was weak. Pensioners and unemployed people had the gloomiest expectations.

Finland

National economy output decreased in December from previous month

The Nomad Today 2/14/20

It is estimated that the number of the employed has increased by around 0.6%.

Finland

Finances of Finnish municipalities continued to weaken in 2019

The Nomad Today 2/5/20

The combined operating margin of municipalities weakened by 1.2 billion euros in 2019 compared with the previous year. However, as a result of growth in central government transfers to local…

Finland

Consumer confidence in the economy continues to fall in 2020

The Nomad Today 1/27/20

Unemployed persons and pensioners have the gloomiest expectations concerning economic development.

Finland

IMF warns about risks to Finland's general government finances

The Nomad Today 1/16/20

In its evaluation, the IMF says that fiscal buffers are necessary to ensure that the social welfare model can be preserved. The IMF is also concerned about the continuation of household…

Finland

Finnish economy production grew

The Nomad Today 1/16/20

In November, working day adjusted secondary production (manufacturing and construction) grew by slightly under 5% and services by roughly 1.5% year-on-year.