Second, we do not want in any respect to take the risk of giving credit to the idea that the ECB is a place of confrontation between various national interests, represented by various nationalities and various national central bank governors.
Consumer purchasing power was bolstered in by an increase in household incomes, cuts in income tax, the improved employment situation and low interest rates. The stronger confidence and continuation of low interest rates continued to encourage the taking out of new housing loans. The Finnish economy is recovering quite strongly. In 2010 the growth boosted by both domestic demand and exports (Figure 18).