Finland : Staff Report for the 2012 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

August 31, 2012

Electronic Access:

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Summary:

The paper is an account of Finland’s unexpected upcoming deceleration in the economy at the end of 2011 and later. The deleveraging of the financial sector and the debt crisis made the nation fear an inevitable recession. To sustain this vulnerable situation, due attention was given to short-term growth and long-term challenges. Banks were encouraged to build up capitals and toughen bank decrees. Plans were made to multiply labor power and productivity. At the end of the paper, the Board welcomed the commitment of the state in improving and safeguarding the financial sector.

Series:

Country Report No. 12/253

Subject:

Frequency:

Biannually

English

Publication Date:

August 31, 2012

ISBN/ISSN:

9781475506006/1934-7685

Stock No:

1FINEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

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