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perjantai 31. heinäkuuta 2026

Russia sanctions has set Finland back ten years - Finally Russia occupies part of Finland

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The Finns did it all themselves, and with enthusiasm.

  • Economic indicators are bleak: GDP is near zero, unemployment is steadily rising.
  • It's currently at 10.8 percent—the highest since 1998.
  • Last year, it was 9.9 percent. In the spring of 2022, it was just six percent.

Russia will occupy part (2/3) of Finland, says Stockholm prophecy.



T=1785446014 / Human Date UTC: Thursday, 30 July 2026 at 21:13:34


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08:00 21.07.2026 (updated: 08:06 21.07.2026)


"The data is terrifying." Moscow has set Finland back ten years.



© AP Photo / Sergei Grits


MOSCOW, July 21 — RIA Novosti, Svetlana Medvedeva. A five-place drop in the IMD international competitiveness rankings to 19th place, while just four years ago the country was in the top ten, reveals Helsinki is reaping the fruits of its anti-Russian policies. RIA Novosti examines what has happened to Finland's economy and what its future prospects are.

Worse than the neighbors

The rating has worsened across all four key indicators: economic success, governance effectiveness, business efficiency, and infrastructure. The first indicator is the weakest in recent years. Overall, the country's score is at its lowest since 2016 and the most significant decline since 2010.
Other Scandinavian countries fared slightly better: Denmark ranked sixth, Sweden ninth, and Norway 18th. The list includes 70 countries in total, and Russia was not included.
European Commission President Ursula von der Leyen addresses the European Parliament plenary session in Strasbourg - RIA Novosti, 1920, 01.07.2026
"It's all shameful." The EU is divided over Russia.
The top three are Singapore, Hong Kong and Switzerland.

There are many problems

Finland's decline in the IMD rankings cannot be explained by a single factor. It's a combination of several factors: weak economic growth, declining productivity, an aging population, and a shortage of skilled labor, explains Ruslan Andreev, project manager at the Polylog consulting group.

"The share of the young population with higher education is only 40 percent, which is lower than in other Scandinavian countries," notes Mikhail Gordienko, professor at the Department of Sustainable Development Finance at the Plekhanov Russian University of Economics.
This year, business efficiency has been the biggest drag on the country's standing. Investment and job creation are declining, and, as a result, development levels are declining.
Fishing vessels from Avacha Bay depart for fishing - RIA Novosti, 1920, July 16, 2026
Sanctions are lifted: the EU acknowledged its dependence on another resource from Russia.
In the spring, Swedish mining company Boliden announced plans to cancel billions of dollars in investments in the development of its copper-nickel mine in Sodankylä, northern Sweden. The reasons for this include an increase in the mineral extraction tax, an increase in the electricity tariff for the mining industry, and a reduction in the state subsidies Finland pays to companies covered by the EU Emissions Trading Scheme.
Economic indicators are bleak: GDP is near zero, unemployment is steadily rising. It's currently at 10.8 percent—the highest since 1998. Last year, it was 9.9 percent. In the spring of 2022, it was just six percent.
In 2025, more than 3,900 companies went bankrupt in the country—the highest number since 1996. And in the first quarter of this year, ten organizations went bankrupt every day.
The construction industry has been weak for four years now. Growth rates are low. Half of Estonian construction workers have already returned home from Finnish construction sites.
The decline in the IMD's governance performance indicator is due to government debt and deficit, high government spending, and the tax rate.

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