13-05-2015 16:04 via news.yahoo.com

Finland falls back into recession in first quarter

Finland fell back into recession in the first quarter as its economy contracted by 0.1 percent from the previous quarter, statistics showed Wednesday. The figure was however better than analysts had expected, with Nordea bank for example forecasting a gross domestic product decrease of 0.2 to 0.4 percent. In the fourth quarter of last year, Finland saw its economy shrink by 0.2 percent. After two years of recession in 2012 and 2013 and a year of stagnation in 2014, Finland's growth prospect
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