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The Baltic Sea region as Finland's economic environment

Economy and Finance
The report describes the current status and future outlook for the Baltic Sea economic area, as well asthe special role of the region for Finland. The degree of mutual economic dependence among the eightcoastal states belonging to the European Union and the northwestern areas of Russia varies from onecountry to the next. The small Baltic countries have the strongest economic links to the Baltic Searegion, while the links of the largest countries, Germany and Russia, are the loosest. The economicfocus in the Baltic Sea region is predicted to shift eastwards from the Stockholm?Hamburg axis. Inconsequence, Finland is well situated to utilise the increasing potential of the region.