Global crisis hits Finland Global economic growth will decline in Finland's export markets by 4% in Exports account for 45% of Finland's GDP Export industry has been hit by the financial crisis since autumn 2008, and the change has been exceptionally rapid and abruptIndustrial production will decline by 15% in Construction will decline by 20% in Private services will decline by 3% in State will have to take out new loans of at least 50 billion euros in the coming yearsLocal government economies in crisis already in 2009 Outlook weakened at same time by rapid change in population structure Employment will fall into steep decline during 2009Unemployment rate will rise to at least 10% in 2010
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