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Home BUSINESSMoody’s sees slow Finnish economy growth
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Sun, 21 Feb, 2016 01:15:01 AM
FTimes-STT Report, Feb 21

Credit rating agency Moody’s would like to thank Finland for its economic policy but also has a warning against the risks of a slow growth, reports the Finnish language daily Helsingin Sanomat.

Moody’s commented on the outlook for Finland in a two-page quick analysis, or a so-called credit opinion.

Ministry of Finance Economic Department Director Markus Sovala stressed that this is not an actual report by Moody’s on the country’s credit rating or a new decision.

According to Sovala, the general assessment of Finland is the same as it has been for some time.

“Our economic policies and structural factors for competitiveness were praised, as well the Finnish ability to make decisions. The risks mentioned relate to weak economic growth and weak economic outlook,” Sovala summarised.

Moody’s report also mentions that it has not changed its assessment of the Finnish credit rating.

It remains AAA. Sovala did not comment on the significance of this statement.

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