VTV: Finnish economy on a razor's edge - HS in English | HS.fi

VTV: Finnish economy on a razor's edge

Weaker-than-expected economic development can undermine the effort of the Government to comply with the rules of the Stability and Growth Pact, the National Audit Office (VTV) cautioned on Thursday. Some economists believe Finland is headed into its third year of recession.

22.5.2014 13:33

“We're now on a razor's edge,” stated Tuomas Pöysti, the auditor general at VTV.

Operating in affiliation with the Parliament, VTV is an independent office that audits the finances of Finland, and has been assigned by the European Union to monitor fiscal policy-making and the reliability of economic forecasts in Finland.

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