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Nordic corporate climate praised by World Bank - report

Nordic Business Report, Sept 14, 2005

NORDIC BUSINESS REPORT-14 September 2005-Nordic corporate climate praised by World Bank - report(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

A new World Bank report, named 'Doing business in 2006', has reportedly praised the corporate climate in Finland and in the other Nordic countries.

The report said that governmental control was simple and correctly accentuated in the Nordic countries, and that the black economy does not have a strong grip.

Finland had reportedly counted among the more active reformers of national economy, and was ranked at 13 out of the 155 countries analysed.

Of the European Union member countries, only Britain, Ireland and Denmark did better. The top three were New Zealand, Singapore and the United States, reported the Finnish news agency STT.

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