Investors hope the economy avoids recession

Wwith his trajectories, headwinds and tailwinds, the language of central banking abounds with aviation metaphors. It comes as no surprise, then, that the politician’s most heroic feat is named after the success of Apollo 11 in the space race. For experts, a “soft landing” occurs when the heat is removed from the economy without causing … Read more

Finland to face mild recession in 2023

FINNISH ECONOMY will slide into recession this year, despite the easing of fears about the energy crisis, predicts OP Financial Group. The Finnish financial group said yesterday that it expects the national economy to contract by half a percentage point in 2023 and grow by half a percentage point in 2024. evidence that the … Read more

Finland to face mild recession in 2023

FINNISH ECONOMY will slide into recession this year, despite the easing of fears about the energy crisis, predicts OP Financial Group. The Finnish financial group said yesterday that it expects the national economy to contract by half a percentage point in 2023 and grow by half a percentage point in 2024. evidence that the … Read more

The head of the Bank of Finland warned of serious economic shocks

OLLY RENGovernor of the Bank of Finland, believes that the economic situation in the euro area has deteriorated markedly this autumn, which confirms the risks identified by the European Central Bank (ECB). “Due to the unusually high uncertainty in the energy supply, the likelihood of a recession and even stagflation, as identified in the … Read more