Economy of Finland showed zero growth in the second quarter

The comparative analysis of I and II quarters results showed zero growth in the economy of Finland. The forecast concerning GDP growth for 2016 is already reduced by the government from 1,4% to 1,1%.

According to experts, one of the reasons for the negative outlook is unfavorable conditions for the international trade because of imposing counter-sanctions by Russia and strained relations among EU members, the USA and Russia.