Liikanen calls for post-crisis reality check

erkki-liikanen

The end of the financial crisis may be in sight, but the economy that emerges from it may be less attractive than expected, said Erkki Liikanen, governor of the Bank of Finland, in a speech delivered in Finnish at the weekend.

The European Central Bank governing council member emphasised the need for a determined exit strategy, and said the need to prepare for an economy that no longer relies on fiscal stimulus was paramount.

"Present forecasts indicate that the ground on the other side [of the

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