Oxford Economics: Finnish economic growth among strongest in eurozone to 2014
A recent study released by the British research institute Oxford Economics argues that the growth rate in the Finnish economy will be among the fastest in the eurozone in the next few years.
Oxford Economics forecasts that Finland's GDP will grow at an average rate of 3.5% annually through to 2014.
Predictions from the establishment and the consultancy firm Ernst & Young suggest growth in 2010 of around 1.5% and 3.0% in 2011. Thereafter, if the forecasts are to be relied upon, the pace will pick up with expansion of 4.7% in 2012 and 4.8% in 2013.
According to the Finnish News Agency STT, the Oxford Economics CEO Adrian Cooper, speaking in Helsinki, expressed his belief that exports would drive recovery in both the eurozone and Finland. However, he added that recovery would be a slow process in the eurozone.
Oxford Economics forecasts that Finland's GDP will grow at an average rate of 3.5% annually through to 2014.
Predictions from the establishment and the consultancy firm Ernst & Young suggest growth in 2010 of around 1.5% and 3.0% in 2011. Thereafter, if the forecasts are to be relied upon, the pace will pick up with expansion of 4.7% in 2012 and 4.8% in 2013.
According to the Finnish News Agency STT, the Oxford Economics CEO Adrian Cooper, speaking in Helsinki, expressed his belief that exports would drive recovery in both the eurozone and Finland. However, he added that recovery would be a slow process in the eurozone.
Helsingin Sanomat