ASSESSMENTS
Fixing the Economy After Finnish Elections
Apr 16, 2015 | 09:07 GMT
(HEIKKI SAUKKOMAA/AFP/Getty Images)
Summary
Finland will hold general elections April 19. The nation's political landscape is currently fragmented and the polls will likely yield a multi-party coalition that balances the competing forces. Regardless of the alliances that form, Helsinki's new government will probably work to restart economic growth and restore Finland's competitiveness. This could involve introducing spending cuts, negotiating with unions for wage moderation and reforming the country's healthcare and pension systems. The next government will also face tough choices on Greece at a time when Athens will be under pressure to request additional financial assistance from the eurozone.
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