The fact that Finland is currently the worst-performing economy in the eurozone has not gone unnoticed in the international media.
Telegraph and Financial Times, for example, reported on Friday that Finland has fallen to the bottom of the pack in a comparison of eurozone economies – a fact that prompted Minister of Finance Alexander Stubb (NCP) to dub the country as “the sick man of Europe” already in September.
His choice of words is currently being cited by news outlets across the world.
The seasonally-adjusted gross domestic product of the eurozone grew by 0.3 per cent quarter-on-quarter between July and September, indicate preliminary data published by Eurostat. The gross domestic product of Finland, in stark contrast, decreased by 0.6 per cent in the third quarter of the year – more than that of any other eurozone country.
The second sharpest drop in national output – of 0.5 per cent – was recorded in Estonia and debt-laden Greece.
Hanna Kärppä – HS
Aleksi Teivainen – HT
© HELSINGIN SANOMAT