Finland's economy to slip into recession: banks


HELSINKI, Aug. 29 (Xinhua) -- Finland's economy is projected to enter a moderate recession within the next 12 months, according to a recent forecast by OP Financial Group (OP), one of the largest financial companies in Finland.

The country's economy is expected to contract by 0.3 percent in 2023 and remain stagnant in 2024, OP said in a press release on Tuesday.

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