25-08-15

Finland is emerging as EU's weakest economy, Finance Minister Stubb says

The cep already highlighted last year in its Default Index the need for action in Finland

Stubb: Finland must reform its labor market

Due to its failure to build a competitive labor markt, Finland is emerging as the European Union’s weakest economy, Finance Minister Alexander Stubb said according to Bloomberg. The minister warned that the Finnish economy was set to contract for a fourth consecutive year. Stubb called the development “worrying.” The cep already highlighted last year in its Default Index the need for action on the economic front in Finland.