Finland’s economy grew faster last quarter than the average for the 17-nation single currency bloc, which may face a recession as the sovereign-debt crisis deepens.
Finland’s economy probably contracted in the first quarter, postponing the start of a recovery in the northernmost euro member, according to preliminary data.
Following is a detailed table of the July indicator of total output report from Statistics Finland in Helsinki:
Finland’s economy stalled in the fourth quarter as Europe’s deepening debt crisis hurt exports.
Following is a summary of the July indicator of total output report from Statistics Finland in Helsinki:
Finland’s economy shrank in the first quarter, entering a recession as its fellow euro-area countries struggle with austerity and surging unemployment.