Press releases

Vihriälä: Market discipline and liquidity key issues in the EMU reform

“A way to address this difficult problem might be to give the crisis management body, the ESM or a future EMF, access to central bank financing with appropriate constraints”, writes Vesa Vihriälä in Market discipline and liquidity key issues in the EMU reform (ETLA Brief 64) published today, 12th April 2018..

ETLA forecast: 2019 at the latest public finances in balance

Finland’s economic growth continues to be robust. GDP will increase by 2.8 per cent in 2018, bypassing the level of output prevailing in 2008. GDP will grow by 2.4 per cent in 2019 and by 1.9 per cent in 2020. GDP growth will be faster in the next few years than growth of potential output, which is estimated to be about 1.5 per cent.

Euro safe assets and debt restructuring in focus as elements of euro reform


Safe assets created by pooling sovereign debts of different risk characteristics are one of the ideas put forward in the discussion about reforming the euro zone. Another proposition is making debt restructuring credible. These ideas, as well many other proposals, were discussed in “Seminar on Safe Assets, Sovereign Debt and Financial Stability” on Monday 22.1.2018.

Etla’s Juri Mattila joins European Commission’s expert workgroup

Etla researcher Juri Mattila has been invited to the European Commission’s expert working group examining the disruptive effects of blockchain technology on industries. The project’s second workshop will be held in Brussels in mid-November.

ETLA forecast: Finland’s GDP will grow by 2.9 per cent in 2017

FINNISH ECONOMY 2017/2  Finland’s economic environment is favourable: economic growth in the euro area and China has strengthened and growth in the US continues at a moderate pace. The greatest risks are related to financial markets, international politics and trade liberalization. Finland’s GDP will grow by 2.9 per cent in 2017. Growth will be 2.0 […]

ETLA forecast: Finland’s recession is over

 ETLA SUHDANNE 2017/1  The global economy is on the upswing. Economic growth in the euro area and the US will continue at a moderate pace and China’s growth will slow down in a controlled manner. The main risks are associated with the political decisions of the United States and the euro area.  Finland’s GDP will […]