Entrepreneur Calls for Urgent Action to Address Finland’s 16-Year Economic Stagnation

Björn Wahlroos, a business leader and entrepreneur, has expressed concerns about the lack of economic growth in Finland for the past 16 years. He believes that this stagnation is a major issue that needs to be addressed urgently. According to Wahlroos, without economic growth, cutting government spending and weakening social security will not be enough to fix the deficit in the national economy.

Wahlroos attributes the lack of growth to several factors, including the collapse of Nokia and the departure of resources from Finland. He points out that both people and capital have left the country, with large Finnish companies making investments abroad instead of in Finland. This trend, according to Wahlroos, is a result of Finland’s lack of competitiveness in terms of taxation, strikes, and wage levels compared to other countries.

In order to spur economic growth and create jobs, Wahlroos emphasizes the importance of attracting investments to the country. He warns that without a competitive environment, Finland will continue to struggle to see any growth in the future. While justice and social security are important issues, he suggests that economic growth and job creation should be the top priority.

In conclusion, Wahlroos urges Finland to become more competitive in order to attract investments and prevent further economic decline. He believes that without a strong economy, social security and government services will suffer, leading to potential crises in the future. The current economic forecasts for Finland show varying levels of growth, with some predicting a decrease in GDP and investments. This further underscores the importance of addressing the issues raised by Wahlroos in order to prevent a worsening of