Nordea’s Sorjonen not surprised about IMF’s recommendations: ‘Good that an outsider comes and says it’

Summary:

The IMF has released an estimation of the Finnish economy, stating that Finland is rising from a long recession but that the recovery is slow. Pasi Sorjonen, chief analyst at Nordea, says the report is consistent with all existing forecasts. The IMF also notes that Finnish export is still suffering difficulties and that investments in construction and private consumptions are the engines of growth. Finland is urged to carry out structural reforms and criticised for cutting R&D funding.

Media:  Talouselämä

Date: 4.10.2016

Journalist: Anna-Kaisa Urpelainen

Main source: Pasi Sorjonen, chief analyst at Nordea

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