Despite modest debt and a competitive economy, the Nordic country is on course for a fourth year of recession, but don’t blame the common currency
The Wall Street Journal
By SIMON NIXON
Nov. 25, 2015 5:30 p.m. ET
Which has been the worst performing economy in Europe this year, excluding
surprising answer is Greece .
In the third quarter of this year, Finland ’s economy contracted by
0.6%, putting it on course for a possible fourth consecutive year of recession.
Since 2008, its output has shrunk by 6%, faring only slightly better than Finland ’s roughly
8% decline over the same period. Italy