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Persistent political stand off could push Finland in financial problems.

Friday, 03 June 2011
Since the last elections, Finland has not yet been able to come up with a government. Political parties continue with protracted negotiations as of who could be in the next government.The difficulties to form a government could see Finland head into financial difficulties as political uncertainty sets in and chase away investments and investors.

The negotiations in Finland can go on forever, said the Finnish newspaper Turun Sanomat. There is no time limit in the Constitution and the president's powers have been curtailed, so she can not intervene.

Michael Hidén, emeritus professor of constitutional law, warned that Finland can get financial worries if the government crisis drags on. Within the week Social Democrats and the Left party were in negotiations.
By Scancomark.se Team

Key Finnish Facts
Official Name Republic of Finland
President Tarja Halonen
Prime minister
Population 5.3 Million
Capital City Helsinki
Monetary Unit Euro (€)
  €1 = 100 cent
Domain Name .fi
Int. Dialling Code +358
Official Language Finish - 92%
Swedish - 6%
Religion Christianity
Main stock market Name NASDQ OMX Helsinki 25
Internet Speed 4.5 Mbps (2009)
Vital Links
Finnish Government
OECD data on Finland
Finland and UNICEF
Ministry of Economy  & Employment
Statistics Finland
Finland 's UNO Pages
Confederation of Finnish Industries


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