Mon, 06 Jun, 2016 12:02:07 AM FTimes – STT Report, Jun 6  File Photo – Lehtikuva. Economists believe the worst phase of recession in the country is already over and that the country is now recovering from the downturn, according to a survey conducted by the Finnish language daily Helsingin Sanomat.
The survey on the economic situation was conducted through interviewing the economists of the country.
The economists, however, believe that growth will begin only after exports begin to flourish.
So far, the rise is dependent on construction and domestic demand.
Almost all the economists believe that the recession in the country is over. The economists also believe that the positive trend will continue.
However, economists were not quick to rush to claim that the country was officially on the rise.
The GDP contracted in 2009 by 8.3 per cent and economic recovery since that period has been slow.
Last year, the GDP showed a slight growth. The country’s economy grew by 1.6 per cent at the beginning of the year, said Statistics Finland. Over 60 economists responded to the survey.
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