Invest in Finland

Stable macroeconomy

As a telling measure of its macroeconomic stability, Finland enjoys the highest possible status with the global credit rating agencies Fitch Ratings, Moody’s and Standard & Poors. According to the latest report from Fitch, Finland’s AAA status “is underpinned by sound public finances, a solid external position, high income per capita, demonstrable political and social stability and an impeccable debt service record”.

Finland’s banking sector has largely escaped the turmoil caused by the global financial crisis. Being the only eurozone country in Northern Europe, Finland has also benefited from reduced uncertainty over interest rates and exchange rates. As a result, the growth forecast for Finland remains better than for many other EU countries. José Manuel Barroso, President of the European Commission, recently stated that “Finland has created wealth not through easy money, not with casino money, but with work, discipline and ideas.”

Political continuity boosts business

Finland’s multi-party democracy is characterized by a strong penchant towards consensus and pragmatic policies implemented by coalition governments. Although some Finns may complain that this makes for slightly dull politics, the system has produced a level of political stability and continuity undreamt of in most countries.

The long border that Finland shares with Russia is also the eastern border of the EU. Finland’s role as a bridge between the East and the West, coupled with its active participation in the international community, has brought respect and stature for a country of just 5.3 milllion people. In 2008, former president Martti Ahtisaari was awarded the Nobel Peace Prize for his work in resolving international conflicts.