“Finland's national economy is in a very difficult situation. The economy has contracted for quite some time, and no immediate return to better economic development is expected,” the permanent secretaries of various ministries estimate in a memorandum published on Monday. In the memorandum, the senior government officials examine the economic prospects of Finland and outline foreign and security policy-making to provide a basis for the next government programme.
HS in English
Government officials unveil grim economic outlook
In addition, they identify a total of 11 so-called delicate problems faced by the country. The necessary adjustment measures, however, are only discussed normatively.