Finland’s economy will expand at a slower rate than previously forecast as the European sovereign debt crisis weighs on export demand, the Labour Institute for Economic Research, or PT, said.
Finland’s economy will grow 1.4 percent this year, less than the 1.9 percent growth forecast on April 3. Next year, the economy will expand 2 percent, compared with the 2.6 percent April estimate, Helsinki-based PT said in an e-mailed statement today.
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