We have revised our forecast significantly higher and expect Finnish GDP to grow 2.8% in 2017 and slow down to 1.5% in 2018. Finnish GDP is still well below its previous peak and the economy is cruising towards potential output. Growth takes some pressure away from public finances, but structural reforms are still needed to manage the needs of an ageing population and to boost potential growth. There is no imminent pressure to change Finland's AA+/Aa1 sovereign credit ratings.
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