Finland’s economic performance continues to be about as chilly as the Nordic country’s weather but on one count at least, there are signs of a thaw.

The country’s unemployment rate has edged down to 8.2 per cent for November from 8.7 per cent the month before, when economists had actually expected it to increase to 8.9 per cent.

Finland has been stuck in a three year recession and the most recent GDP data showed its economy continued to contract in the third quarter, by 0.6 per cent compared to the previous three months.

Finland’s finance minister has called the country the “new sick man of Europe”.

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