President of Finland: Europe to Face Economic Fall Due to War in Ukraine

President of Finland: Europe to Face Economic Fall Due to War in Ukraine

Europe will face economic decline due to the conflict in Ukraine, Finland's president, Saul Niinsto, said today. In an interview for the Finnish daily “Maseudun Tulevis”, he said people in Finland and other EU countries would have to agree with the fact that the economy will not grow year [...]

In an interview for the Finnish daily “Museudun Tulevis”, he said people in Finland and other EU countries would have to agree with the fact that the economy will not grow year after year.

According to Niinsto, this could negatively affect Europe's unity because growth suddenly stops and the number of challenges increases.

He stressed that today it is important to consider the dangers of escalating the conflict in Ukraine.

The “Relations between Russia and the West, particularly Russia and Finland, will depend on the development of the situation in Ukraine, Niinsto said.

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