Liikanen urges government to strengthen public finances


Erkki Liikanen, governor of the Bank of Finland, on December 13 revealed lower growth forecasts for the Finnish economy that he said threatened the government's ability to meet its policy objectives.

Liikanen was speaking at the announcement of the central bank's latest GDP growth forecasts. The estimates predict growth of 0.3% in 2012, 0.4% in 2013 and 1.5% in 2014.

The weaker-than-expected economy "casts a shadow" over the outlook for public finances, he said, and further measures will be

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