Fast Market Research recommends "Finland Business Forecast Report Q1 2014" from Business Monitor International, now available

Boston, MA -- (SBWire) -- 11/25/2013 --We are seeing growing indications that the Finnish government, increasingly concerned with the weak economic growth outlook, is preparing to loosen its self-imposed budget targets and adopt increasing stimulatory measures such as reducing corporate taxes in an attempt to reignite economic activity. We believe such a development would prove positive for Finland's short-term political risk profile, improving cohesion in the policy-making process, while also potentially providing a boost to growth prospects.

We believe that Finland's fiscal situation remains one of the most robust in Europe, and do not expect it to suffer from a ratings downgrade in the near future, expecting it to remain one of just four remaining countries in the eurozone to be awarded AAA status from all three major ratings agencies.

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Major Forecast Changes

We have adjusted up our forecasts for real GDP in 2013, and now expect a contraction of 0.2%, versus a previous forecast of 0.8%

Key Risks To Outlook

A deeper than anticipated eurozone recession represents a severe downside risk to our export forecasts for Finland. While we are already pencilling in a significant slowdown, a eurozone real GDP contraction of 1% or greater could severely impinge upon Finland's highly integrated export market, weighing heavily on Finland's real GDP growth in 2013 and beyond as a consequence.

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