
(AGENPARL) – lun 23 gennaio 2023 [IMF Country Reports](http://www.imf.org/external/pubs/cat/scr1_sp.aspx?s_year=1997&e_year=2012&brtype=default)
[Open in your browser](http://www.imf.org/en/Publications/CR/Issues/2023/01/20/Finland-2022-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-528423?cid=em-COM-123-45994)
http://www.imf.org/en/Publications/CR/Issues/2023/01/20/Finland-2022-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-528423?cid=em-COM-123-45994
[Country Report No. 2023/038 : Finland: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland](http://www.imf.org/en/Publications/CR/Issues/2023/01/20/Finland-2022-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-528423?cid=em-COM-123-45994)
JANUARY 23, 2023
http://www.imf.org/en/Publications/CR/Issues/2023/01/20/Finland-2022-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-528423?cid=em-COM-123-45994
The economy recovered swiftly from the pandemic, but Russia’s war in Ukraine has worsened the outlook given Finland’s exposures to the fallout through trade and increase in energy prices, while high inflation and rising interest rates are weighing on household purchasing power. Long-standing structural challenges—from adverse demographics and low productivity growth—remain. Tighter financial conditions will test the resilience of Finland’s large financial system: banks are well-capitalized, but vulnerable to liquidity shocks and exposed to credit risks from other Nordics and high household debt.
[READ MORE](http://www.imf.org/en/Publications/CR/Issues/2023/01/20/Finland-2022-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-528423?cid=em-COM-123-45994)
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