08-02-16

Finland's trade deficit widens in December

In the cepDefault-Index, Finland has exhibited falling creditworthiness since 2013

Finland's economic problems continue

Finland's trade deficit widened to 340 million euros in December from 26 million euros in the corresponding month last year, RTT News reported. The value of exports fell 5.0 percent year-over-year in December, while imports climbed by 1.0 percent.

According to the results of the latest cepDefault-Index 2016, the eurozone's problems are not yet solved. The figures indicate that falling creditworthiness has become firmly established in six eurozone countries: Finland, Greece, Italy, Portugal, Slovenia and Cyprus. Finland has exhibited falling creditworthiness since 2013.