• Web Developer

    HT Jobs | - Feed Apr 15, 2018 | 14:55 pm

    Web Developer Web Developer familiar with CMS systems (Joomla, WP etc) and fluent with PHP, HTML5, CSS needed for bug fixes and further development of an exciting IT project. Enthusiasm and ability to learn and improve is more important than experience.The job[…]

  • CTO / Lead Developer

    HT Jobs | - Feed Apr 11, 2018 | 15:05 pm

    CTO / Lead Developer An exciting recently funded startup operating in the healthcare IT domain is looking for an CTO to join and lead (hands on) both engineering and web application development of the company.Job descriptionEternAll Sciences is an e-health startup active in Finland[…]

  • Service Coordinator, Vestas Finland, Vaasa

    HT Jobs | - Feed Feb 3, 2018 | 10:57 am

    Service Coordinator, Vestas Finland, Vaasa Do you have a passion for delivering first class administration service to an organization? Do you want to be a part in an ambitious team in a dynamic environment? Then this challenge might be something for you!PositionSERVICE COORDINATOROrganizationVestas Northern Central[…]


Business view

DESPITE predictions of economic doom – including occasional ones from myself – Europe's economy continues to grow. In fact, the economic growth figures just released by Eurostat give some more reasons for hope. But there are still a few problem countries, or sick men of Europe, and Finland happens to be one of them.

THE European economy grew at a slow but respectable 1.3% rate in the third quarter. The Eurozone nations lagged behind, as usual, but still grew 0.8%. This isn't much, but growth is growth. There was particular concern about the largest countries, but those worries turned out to be unfounded. Germany grew 1.2% while France, who flatlined in the spring, grew at a 0.4% rate.

THERE was plenty of good news among most of the bailout countries. Ireland contracted in the fourth quarter of 2013 but since then has had the best-performing economy in Europe. Portugal is growing at a 3.4% rate, while Spain expanded 1.6%. Greece, who had their economy contract by almost a quarter since the financial crisis, has finally returned to growth. They expanded 0.4% in the summer and 1.4% in the autumn.

BUT now for the bad news. Europe still has four countries in recession: Croatia, Cyprus, Italy and Finland. These are the four "sick men of Europe," and they are sick for mostly different reasons.

CROATIA has been in recession for six years, hurt by weakness in their trading partners, attempts to cut high debt levels and inefficient public companies. Cyprus is still in recession and is trying to recover from its burst financial bubble, ensuing banking crisis and enforced austerity. Italy has a large and diversified economy but domestic demand is falling.


David J. Cord
(This email address is being protected from spambots. You need JavaScript enabled to view it.)

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Finland in the world press

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