Then Nokia Chief Executive Officer (CEO) Stephen Elop attends the company's annual general meeting in Helsinki May 7, 2013. Finland is failing to find an exit from a two-year recession. The spiral of ... more 
Then Nokia Chief Executive Officer (CEO) Stephen Elop attends the company's annual general meeting in Helsinki May 7, 2013. Finland is failing to find an exit from a two-year recession. The spiral of lost jobs and income is also wrecking the country's cherished reputation for sound public finances. While southern Europe starts to win back investors after years of donor-imposed job losses and welfare cuts, Finnish welfare costs and taxes have risen as jobs are lost. Government levies as a share of gross domestic product (GDP) have jumped to a European Union high, piling costs onto the private sector. Finnish exports, investments and retail sales are all tumbling and firms are putting out profit warnings. Picture taken May 7, 2013. To match Insight FINLAND-ECONOMY/ REUTERS/Markku Ulander/Lehtikuva (FINLAND - Tags: BUSINESS TELECOMS IMAGES OF THE DAY) ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO THIRD PARTY SALES. NOT FOR USE BY REUTERS THIRD PARTY DISTRIBUTORS. FINLAND OUT. NO COMMERCIAL OR EDITORIAL SALES IN FINLAND. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS less 
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Reuters | Photo By LEHTIKUVA / REUTERS
Sun, May 11, 2014 10:58 PM EDT