Finland’s Prime Minister Sanna Marin speaks at the World Economic Forum in Davos and answers a question about Europe’s chances to enter a recession in 2023. Video courtesy of the World Economic Forum.
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BREAKING: Recession News
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The COVID-19 pandemic has dealt a massive blow to world economies, and Europe has not been spared. As countries continue to battle the virus and its subsequent effects on the economy, the question on everyone’s minds is whether Europe will face a recession in ’23.
Finland Prime Minister Sanna Marin has pointed out that it is a possibility. Speaking in English during a recent interview, she noted that while the situation is improving, there are still concerns about the long-term effects of the pandemic.
One of the key factors that could lead to a recession is the slow recovery of the tourism industry. Europe is a major tourist destination, and the pandemic has severely impacted the sector. Many countries have closed their borders, and travel restrictions have been put in place to curb the spread of the virus. This has led to a significant drop in international tourist arrivals, which in turn has impacted businesses that rely on the sector. If the recovery of the tourism industry continues to be slow, it could have a ripple effect on other sectors of the economy.
Another factor that could contribute to a recession is the loss of jobs. The pandemic has led to a rise in unemployment rates across Europe. With businesses shutting down or operating at reduced capacity, many people have lost their jobs. This has led to a drop in consumer spending, which could affect other industries such as retail and hospitality.
The situation is further complicated by the uncertainty surrounding the pandemic. While vaccines are being rolled out, there are concerns about new strains of the virus and the effectiveness of the current vaccines against them. Ongoing lockdowns and restrictions could negatively impact the economy, leading to a recession.
While the possibility of a recession cannot be ruled out, there are measures that can be taken to mitigate the impact. Governments across Europe are offering financial support to businesses and individuals affected by the pandemic. This could help to boost consumer spending and prevent further job losses. Additionally, countries could work together to find ways to safely reopen the tourism industry, which could provide a much-needed boost to the economy.
In conclusion, the possibility of a recession in Europe in ’23 cannot be ignored, given the ongoing effects of the pandemic. While measures are being put in place to mitigate its impact, uncertainty surrounding the virus and its effects on the economy remains. Countries will need to work together to find sustainable solutions to prevent a recession and ensure a stable economic recovery.
Hän on sairas….
EU is a marxist satanic dictatorship! God bless Russia!
Party girl sanna
She is just American puppy
She is great
It is not the first day of the recession in the EU. How could people expect economic growth after the pandemic disease and war? The fixed costs recur daily and manufacturers must produce even on negative margin orders to reduce the loss.
1:02 " First the pandemic showed us that we are too dependent of other markets…", yes yes Sanna dear you just forgot to mention that it was capitalist's liberalism ideas that moved production centers out of the West for profit. Idiots like you can only be so blind because nowadays you don't go to the universities to learn but to be formatted and trained in trickle down bs so you can be the next Milton Friedman of this life to further improve the very strategy that has brought us to the predicament we are in right now.
She just means that world is heading into blocks. A western block and an Asian trading area. Asian countries will become more independent of western influences and she doesn't like that.
Lower your expectations, do your own work. Everything will be fine.
Traitor to the Finnish people. As someone with finn background , have lost all respect for this woman. Finns are known for having integrity, their government has sold them out. Shame.
people sitting around there feel very important and priveleged. This woman is sounding like a broken radio. Even zakaria is bored. He is nodding his head to make sure he doesnt fall asleep
Finish Prime Minister has to do more growing up. She claims that Europe has paid a huge price for having been too dependent on Russia, an authoritarian state, for its energy needs. The reality is that Russian gas was so cheap that EU made huge gains. EU is paying the huge price now for its stupidity in aligning itself with the US, that caused the war in Ukraine against the interests of EU. The EU is now importing liquified gas from the US at a higher cost. Can Sanna Marin explain how this form of diversification is better for EU? It seems to me EU is moving its dependence for gas from Russia to the US, but somehow that is good for EU even having to pay higher prices. If EU wants to prosper and to be in peace, it needs to do two things. The first is above all to build it's own military capability independent of US interference or control. EU has been too dependent on the US for its own defense, and that meant the US called the shots that led to the war in Ukraine against the vital interest of EU. If Sanna Marin had a head on her shoulders, she would have either continued to keep Finland out of NATO or work in promoting the military independence of the EU block. Keeping NATO under US control is dangerous, as it will likely lead to more tensions and wars not only in EU but other regions of the world. Most people in EU, except for the bought politicians, have little or no appetite to continue the war in Ukraine. This appetite for war in EU would be even less if the US led a NATO war say against China! The other thing EU needs to do is to re-establish economic relations with Russia, if EU truly wants to remain a relevant and prosperous force in the world. Russia needs the EU and vice versa. Russia is rich in culture and many resources that world will need. Russia is no longer the previous USSR and is not interested in invading any EU countries, including bordering ones, unless they pose a security risk. Ukraine would have spared its own destruction if it had declared itself non-aligned with no one. Zelensky chose differently and will pay a huge price.
Thank god she wont be a PM in couple months
A recession won't stop her having a good nose up that's for sure.
Lets have a Party, Bring us some vodka
Puppet
DEEP SATANIC STATE DEMONESS….YOU WILL BE DEALT WITH
What a joke, Sanna Marin is, as she blames Russia for the war with Ukraine, although both Angela Merkel then leader of Germany, and Franscious Hollande then leader of France, have both come out to contradict exactly that, stating it was never their intention to implement the Minsk-agreements, so that Uiraine could buildup its military
She goes on to blame Russia, for authoritarianism, and a world wherein other countries might resort to the same, whereas she completely ignores the US, and NATO since its inception, who have been – illegaly – invading countries like:
1945–1948: South Korea
1945–1949: China
1947–1949: Greece
1948: Costa Rica
1949–1953: Albania
1949: Syria
1950–1953: Burma and China
1952: Egypt
1952: Guatemala
1952–1953: Iran
1954: Guatemala
1956–1957: Syria
1957–1959: Indonesia
1959–1963: South Vietnam
1959–1962: Cuba
1960–1965: Congo-Leopoldville
1960: Laos
1961: Dominican Republic
1961–1964: Brazil
1963: Iraq
1965–1967: Indonesia
1970: Cambodia
1970–1973: Chile
1971: Bolivia
1974–1991: Ethiopia
1975–1991: Angola
1975–1999: East Timor
1976: Argentina
1979–1992: Afghanistan
1980–1989: Poland
1981–1982: Chad
1981–1990: Nicaragua
1983: Grenada
1989–1994: Panama
1989: Paraguay
1991: Iraq
1991: Haiti
1992–1996: Iraq
1994–1995: Haiti
1996–1997: Zaire
2000: FR Yugoslavia
2001–2021: Afghanistan
2003–2021: Iraq
2005: Kyrgyzstan
2006–2007: Palestinian Territories
2005–2009: Syria
2011: Libya
2012–2022: Syria
2014-2022: Yemen
She knows very well what she has to say to keep her job. And that is all there is to it.
I was hoping that Schwab will get her a stripper pole. She is so much better dancing than speaking. Looks a bit smarter too.
The prime minister of Finland knows nothing about the economy. Her government was a big disaster. Marin is simply a WEF and EU message broker. Very harmful for the Finnish people.
She forgets the world is not only the west . there is the largwr global south that has suffered a lot under the so called western values under colonial times not so long ago. useless leaders that bring nothing but decline
Useless talks nothing academic only bla bla bla
Very pretty but do3s not represent peace or people. She appears to be cheerleader for NATO.
it is destroying your prettyness
Hottest female prime minister for sure. I would hit it, but I would not put a ring on it. Her poor husband's getting cheated on left and right, total simp
"Party Gurl" doesnt do so good in the polls.
Imagine this: She only became PM because her predecessor retired and she will lose her first real election.
So much for doing a good job.
If you invested in Russia in 1991 as you did it for West Germany authoritarian regime would never poped up there… There were always russofobia on West and they needed Russia rather as enemy and not as friend. Just look on Hollywood movies, russian guy is always presented as negative guy
Why she not fight in ukraine? Silly stupid person
As finnish i am suprised that this idiot acts like some economic genius. This woman destroyed finland economy in three years. If you ask some even a bit difficult questions you will see that she has no glue what so ever about economics.