Finland is becoming
dependent on Russia again as that country's burgeoning middle class and wealthy
investors provide opportunities for growth.
Finns still view their
eastern neighbour and former ruler with suspicion; expectations of only a slow
European recovery mean more businesses are likely to embrace closer ties with
Russia.
Finnish exports to the rest
of the European Union fell four per cent year-on-year in the first five months
of 2014, while those to Russia rose 4pc, from second-quarter corporate results,
which showed a wide range of companies hit by uncertainty in Europe,
Finland may become even
more dependent on Russia.
Top companies such as
retailer Kesko and department store chain Stockmann have cited Russia as their
strongest card, according to press (Gulf daily News).
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