HELSINKI: Finnish State has three credit ratings company, which the state will buy rating services. At the moment, all have a common understanding of the Finnish economy.
According to the State Treasury, credit rating agencies assess in taking decisions, inter alia, the national state, the condition of public finances and the political system.
The condition of the Finnish economy has been strengthened in recent times, and the economic prospects are clearly improved. Politicians have been able to work together with the social organizations painful, the economy heals decisions.
Therefore, the financial market is estimated that credit rating agencies are unlikely to fall in the near future ratings. On the other hand the Finnish economy is not anywhere near the peak years of the condition, so the raters also not expected to raise the Finnish quickly back to the best three A’s in series.
Finnish State owes EUR 102 billion. The debt of EUR18,500 per capita. State interest payments are €1.3 billion this year. This year’s borrowing enough is estimated at EUR 22.7 billion. The total public sector debt has gone up to EUR 136 billion.
