How to climb out of the hole without stumbling?

The short-term risk is a deepening of the recession if spending cuts come at the wrong time. The long-term structural deficit must be corrected gradually using multiple instruments. Finland has good conditions for growth, but the central threat is a weakening of the labour market’s capacity for adjustment: in the bleak scenario, industrial disputes increase and competitiveness suffers; in the favourable scenario, the moderate line continues and growth accelerates. (AI translation)

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