• Wed. May 29th, 2024

Eastern Finland’s Economic Revival: A Special Economic Zone and EU Support”.

BySamantha Nguyen

Mar 27, 2024
The EU should assist Eastern Finland, as per logical reasoning

The challenges facing Eastern Finland are not new, but they have become more severe due to the deteriorating situation of Finland’s public finances. These challenges are compounded by the impact of the Russian war of aggression on the region, especially with the complete closure of the Russian border.

Despite these challenges, Eastern Finland’s companies remain driven by a strong desire and faith in their abilities. In response to these difficulties, the Finnish Confederation of Business and Industry (EK) has put forward a list of recommendations to stimulate economic growth and vitality in Eastern Finland.

The EK Chairman, Harry Broman, suggests that Eastern Finland be designated as a special economic zone to promote business activities and accelerate economic growth in the region. He emphasizes the seriousness of the situation in Eastern Finland and calls for public authorities to play a central role in supporting it.

Implementing a special economic zone will require collaboration with neighboring countries and EU support to strengthen their position against Russia. The proposed plan includes investments in energy, green transition, improved air connections, tourism, broadband infrastructure, and support for growth of companies.

The EU must provide solidarity similar to what was provided during the corona crisis to address the challenges faced by Eastern Finland. This includes economic and security concerns that require realistic steps to support sustainable growth and prosperity in the region.

Overall, implementing a special economic zone in Eastern Finland is crucial for addressing its economic challenges and paving the way for sustainable growth and prosperity. Collaboration with public authorities, neighboring countries, and EU support will be critical in achieving these goals.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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