Finland

Lessons of Northern Rock

A paper from the Bank of Finland analyses the failure to stop the run on Northern Rock and considers what should be done to help prevent the recurrence of such episodes in the future.

Payments after 2010

A new book from payments visionary Harry Leinonen of the Bank of Finland looks at how people will make and receive payments in the second decade of the 21st century and beyond.

Why do growth rates differ?

Differences in growth rates can be largely explained by capital deepening and an ability to produce new technology in the form of patents, research published by the Bank of Finland finds.

Payments industry lacks competition

If we want to speed up the development in payment services, we need to increase competition in the market, said Erkki Liikanen, the governor of the Bank of Finland.

Anchoring inflation key - Finland's Liikanen

The anchoring of inflation expectations in line with price stability is of prime importance, said Erkki Liikanen, the governor of the Bank of Finland. Rising commodity prices should not be allowed to generate second round effects on euro area inflation.

Basel II's procyclical costs

By increasing capital requirements during economic downturns, Basel II will offset improvements in monetary policy trade-offs caused by countercyclical variations, research published by the Bank of Finland finds.

Cyprus and Malta join gold agreement

Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.

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