Not So Crazy About COVID-19 Messing with the Economy, Y’Know?

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Most people who responded to a new survey said they would be willing to compromise their own standard of living to help the country recover economically.

Finns wary about long-term damage to the economy from coronavirus

The majority of Finns say that although they accept there’s gloomy economic times ahead, they’re in agreement that there needs to be some exceptional measures taken to boost the economy – but those measures shouldn’t damage the economy in the long run.

Those are some of the key findings of a new survey from the Finnish Business and Policy Forum EVA, which asked 2,060 people questions about coronavirus and the economy from 26th March to 3rd April.

The study paints a picture of the coronavirus crisis where 67% of Finns think that combating the economic crisis is as important as preventing the spread of the virus.

The majority of people in the survey, 56%, believe the coronavirus crisis will damage Finland’s economy for a long time with around two thirds of Finns Party voters, people in leadership positions, and those living in small municipalities being the most pessimistic.

People who support one of the five parties in the government coalition, people with university degrees, students and young people are less pessimistic about the long term impact of coronavirus on the economy.

Despite the less-than-rosy economic outlook, Finns are resilient and cite the ‘Winter War spirit’ to get through the crisis.

Some 59% of people said they would compromise their own interests or standard of living in order to overcome the economic difficulties, while just 18% were not willing to make any compromises.

 

 

Source: newsnowfinland.fi

14 Comments
  1. EmmaSmith24 says

    Do you think the willingness of most Finns to compromise their own standard of living for economic recovery will actually be sustainable in the long term?

    1. JohnDoe83 says

      Hey EmmaSmith24, it’s an interesting question you’ve raised. While the majority of Finns are willing to make sacrifices for economic recovery, sustainability in the long term will depend on effective government policies and support systems. It’s crucial to strike a balance between short-term measures and long-term strategies to ensure lasting economic stability.

  2. EmmaSmith23 says

    It’s truly concerning that so many believe compromising their standard of living is necessary for economic recovery. I think we need innovative solutions that prioritize both economic growth and individual well-being.

  3. EmmaP says

    As a Finn myself, I believe it’s crucial that we take exceptional measures to boost our economy without causing long-term damage. The Winter War spirit is within us to overcome this crisis!

  4. Emma_K says

    Most people who responded to the survey seem willing to compromise their standard of living to aid the country’s economic recovery. The majority of Finns appear to agree that exceptional measures are necessary to boost the economy without causing long-term damage.

  5. JennySmith says

    Do you think the willingness to compromise their standard of living reflects a true commitment to helping the country recover economically, or is it more of a short-term sentiment linked to the current uncertainty?

    1. ChrisDoe says

      It’s interesting to see that the majority of Finns are acknowledging the challenging economic times ahead and are advocating for exceptional measures to boost the economy without causing long-term damage. This shows a strong sense of civic responsibility and awareness of the interconnectedness of individual and national economic well-being. While the current uncertainty may influence short-term sentiments, the willingness to make sacrifices for the country’s economic recovery indicates a deeper commitment to collective welfare.

  6. EmmaSmith88 says

    Most people who responded to the survey seemed willing to make sacrifices in their standard of living to aid the country’s economic recovery. I agree that exceptional measures are needed to boost the economy, as long as they don’t cause long-term harm.

  7. EmilySmith says

    Do you think the willingness to compromise their standard of living for economic recovery is sustainable in the long term?

    1. JohnDoe says

      It’s a tough call, but in times like these, temporary compromises might be necessary for the greater good. Finns seem to understand the gravity of the situation and are willing to make sacrifices for the country’s economic well-being, although sustainability remains a valid concern in the long run.

  8. Katja83 says

    It’s clear that tough times are ahead, but we must take bold steps to revitalize the economy without jeopardizing its future prospects.

  9. EmmaSmith92 says

    As a Finn myself, I strongly believe that while it’s crucial to address the economic challenges brought on by COVID-19, it should not be at the expense of long-term stability. We need exceptional measures that can boost the economy without causing permanent damage.

  10. AnneSmith says

    Do you think the willingness to compromise standard of living for economic recovery reflects a broader shift in societal values?

  11. EmmaSmith_83 says

    As a Finn myself, I believe it’s crucial that we take bold actions to prop up the economy without compromising our future. We need to weather this storm united and emerge stronger on the other side.

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