Needless to say, the division of labour has to be clearly defined to avoid overlaps. Naturally, this requires statutory definitions of tasks and responsibilities. For one thing, we have sovereign measures issued by the financial supervisor: regulatory measures concerning institutions, especially general decrees and administrative acts, including auditing orders.
Perhaps you can already guess that the answer is negative. Unfortunately, in some important respects, the Finnish economy is not doing well. Developments during the past 5 years have revealed vulnerabilities in the economy. Since the autumn of 2008, Finnish growth performance has been disappointing – weaker than the euro area average. Finnish GDP is now 5% smaller than it was in mid-2008.