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Finland’s Economic Fate Hinges on Russia as Relations Worsen

The northernmost euro nation and home to brands including Nokia Oyj says its economic recovery depends on Russia normalizing trade relations with Europe.

Finland, whose economy contracted in two of the last three quarters, estimates about 5 percent of its trade with Russia will be hit by European Union restrictions. The nation, which yesterday underscored its support for sanctions, is more exposed than any other euro member to a slump in Russian demand, trade figures show.