Finland's Hakkarainen ponders challenges ahead for restarting growth


Pentti Hakkarainen, deputy governor of the Bank of Finland, has posed the question of how the economies of Europe and other advanced countries can revive and start growing again. 

Speaking at the Financial Times Group's Investment Series in Helsinki on April 26, he described how European economies face problems such as high debt levels, hoarding of liquidity and high levels of risk aversion among investors. 

He emphasised that while regulatory reform is important, it alone is not a driver of

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