Anders Borg, a former Swedish Minister of Finance, and Juhana Vartiainen, the director general at the Government Institute of Economic Research (VATT), unveiled their long-anticipated assessment of the state of the Finnish economy on Wednesday. Helsingin Sanomat asked economists to comment on the three main problems and solutions discussed in the report.
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Borg calls for strict wage moderation
Costs One of the main problems of Finland is its deteriorating competitiveness against Sweden and Germany. The cost of producing goods and services is therefore higher in Finland than in its rival countries.