Last update: 01/07/2011

1. Economic forecasts for Finland

The Commission publishes macroeconomic forecasts for the EU and the Member States twice a year, in the spring (May) and in the autumn (November). These forecasts are produced by the Directorate-General for Economic and Financial Affairs (DG ECFIN).

DG ECFIN also produces more limited "interim forecasts" in February and September, wich contain one-year projections of GDP growth and consumer price inflation for the euro area, the EU and seven large Member States.

>> Macroeconomic forecasts and interim forecasts

2. Monitoring the budgetary situation in Finland

2.1. Assessments of Finland's stability programme

As required by the Stability and Growth Pact, at the end of each year Finland submits an update of the medium-term fiscal strategy it first presented in 1998. Euro area Member States submit stability programmes while countries outside the euro area submit convergence programmes. Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on each programme.

>> All programmes of Finland, Commission assessments, Council opinions, working documents

2.2. The EU the excessive deficit procedure and Finland

>> Excessive deficit procedure for Finland
>> Related articles. Stability and Growth Pact

2.3. The Public finance report and Finland

The Commission's annual public finance report prepared by DG ECFIN – entitled "Public Finances in EMU" – includes a chapter on Finland.

4. Finland and the euro

Finland is a member of the euro area. It adopted the euro from the start in 1999.

>> The euro area
>> Finland and the euro

4. Finland and economic policy coordination in the EU

As part of the Europe 2020 strategy for a smart, sustainable and inclusive EU economy, Finland reports each autumn on the implementation of its national reform programme (NRP).

>> National reform programme and Commission assessment

5. ECFIN publications and Finland

5.1. The EU and Finland

>> EMU@10 website
>> EU Economy Review 2006 (European Economy 1/2006)

5.2. Country Focus on Finland

>> Managed vs free wage-setting in Finland and Estonia: optimising outcomes (October 2007)
>> Structural unemployment: a blot on the Finnish success story(June 2006)
>> How bright are the Nordic lights?(July 2005)
>> From Wood to Nokia: The impact of ICT - sector in the Finnish economy(June 2004)