This weekend was full of excitement for political junkies, with three national parties choosing a new leader, and plenty of new policy directions taken by four.
83% of Amcham executives say their business has been negatively impacted by the recent political and economic uncertainty in Europe.
As the race to the parties’ national conventions in the United States intensifies, the election is everywhere. It’s entertaining, for sure. But is there also a professional reason a business person in Europe should take time to understand an election happening 5,000 miles away?
Minister of Economic Affairs Olli Rehn has a reputation as one the most tenacious and organized Commissioners of the European Union. This was made apparent when he was leading the Economic policy in Brussels.
When it comes to attracting foreign direct investment, Finland continues to fall further behind its Nordic neighbors. Last year, out of U.S. investments – the largest investor to the region – Norway attracted 46% and Sweden 37% but Finland only 2%.
Finland consistently tops global anti-corruption polls, but when it comes to making fast and transparent decisions related to foreign direct investment, the bureaucratic process is often drawn-out and murky.
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