• Thu. Jun 13th, 2024

Despite the Struggle: EK Proposes Special Economic Zone for Eastern Finland

BySamantha Johnson

Mar 27, 2024
The EU’s assistance is crucial for Eastern Finland

The Finnish Confederation of Business and Industry (EK) has proposed a list of recommendations to revive the economy and vitality of Eastern Finland. Despite the strong determination and optimism of Eastern Finland’s companies, the difficult financial situation of Finland underscores the need for a realistic approach.

Harry Broman, Chairman of the EC, suggests that Eastern Finland should be designated as a special economic zone to facilitate growth and development in the region. Broman emphasizes the seriousness of the situation in Eastern Finland, highlighting the need for cooperation between public authorities and business organizations to enable the region to thrive.

The implementation of a special economic zone would focus on accelerating business activities to create a healthy, growing economy that contributes to the national GDP. The recommendations include improving air connections to Eastern Finland, increasing investments in tourism, implementing a broadband program, and providing support for companies experiencing growth, skills shortages, and changes in ownership.

The EU’s solidarity is also called upon to support Russia’s neighboring countries, which are facing significant challenges due to the crisis. The prospect of returning to normal trade relations with Russia is unlikely, and the imperative to maintain viability in the region weighs heavily on both economic and security considerations. Collaboration between public and private sectors is essential to drive growth and sustainability in Eastern Finland.

Despite

By Samantha Johnson

As a dedicated content writer at newsanguinely.com, I weave words into compelling stories that captivate and inform our readers. With a passion for storytelling and a keen eye for detail, I craft engaging articles that shed light on the latest news and trends. When I'm not typing away at my keyboard, you can find me exploring new ideas, researching diverse topics, and striving to deliver content that resonates with our audience. Join me on this journey as we uncover the stories that matter most.

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