Finland Times

According to the commission, the Finnish economy performs the second worst in the 28 EU member states, only better than Cyprus.

Finland's economic growth is predicted to contract by 0.4 percent this year, and to grow only by 0.6 percent in 2015.

However, the commission is optimistic about the economic prospects in the EU and the euro zone.

The euro zone's economy will grow by 0.8 percent this year, 1.1 percent in 2015 and 1.7 percent in 2016, said the commission, economic outlook in the EU is even better than in the euro zone, with growth of 1.3 percent this year, 1.5 percent in 2015 and 2.0 percent in 2016.

Since the global financial crisis in 2008, the Finnish economy has fallen into recession and felt difficult to get out of the predicament, which were caused by not only internal problems but also external impacts.

The Finnish government is expecting a confidence vote in the parliament on its measures to revive the economy on the coming Friday, as opposition parties are calling for changes in Finland's economic policies.