"Finland is set for years of economic stagnation, and will be one of the worst performing eurozone economies in growth terms," the BMI research team argued in a recent report. [...]
Moreover, they think that average wages will fall modestly as the country works to "regain competitiveness via a painful internal devaluation." [...]
Of course, it's worth nothing that Finland is already one of the most developed, wealthiest in terms of GDP per capita, and least corrupt countries in the world. Plus, it's one of the strongest countries when it comes to research and development.
So, it's not that its economy will totally crater in on itself - more that living standards might not tremendously improve in the near future.
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