Finland's public debt may rise to 110% by 2030

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Source: Bloomberg
According to the Bank of Finland outlook, the best-rated economy of the Eurozone may increase its public debt to 110% of GDP, or more than twice from current 53.6%. The state budget deficit equals 9 billion euros, while aging population will put additional pressure on public finances in the country. At the same time, the successful spending reforms may help the debt to reach only 70% by 2030.
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Fri, 03 Jan 2014 12:40:05 GMT

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