Finland announced economic recession 08.11.2024, 23:32

Finland’s economic growth slowed down due to the breakup of trade relations with Russia. Finnish portal writes about this So.

According to the publication, the country’s economy is in recession.

According to International Monetary FundFinland ranked tenth from last in the world in terms of economic growth.

IMF experts state that the Finnish economy has begun to emerge from recession, but is affected by external risks such as the conflict in Ukraine.

“The Finnish economy has suffered greatly in terms of trade relations. Alex Pienkowski, head of the IMF’s Finland desk, said the downturn in the construction sector was particularly severe, referring to trade with Russia.

Before this reportedIt was stated that two airports in Eastern Finland, on the Russian border, switched to a 1960s radio navigation system due to GPS interference.

Previously in Europe offered Increase taxes on Russian goods.

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Source: Gazeta

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