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In total, the value of the markka had decreased 40% as a result of the recession. Also, as a result, several entrepreneurs who had borrowed money denominated in foreign currency suddenly faced insurmountable debt. [8] Inflation was low during the markka's independent existence as a floating currency (1992–1999): 1.3% annually on average. [5]
The Mint of Finland has produced the euro coins of Estonia, [2] Greece, Luxembourg, Slovenia, Cyprus and Republic of Ireland [3] as well as the coins of the Swedish crown since 2008, which ended the more than thousand-year-old minting tradition in Sweden. [4] Since 2017 it has also held the contract for minting coins of the Danish krone. [5] [6]
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2]
Jersey pound – Jersey (not an independent currency) Lebanese pound – Lebanon; Libyan pound – Libya; Lombardo-Venetian pound – Lombardy–Venetia; Luccan pound – Lucca; Luxembourgish pound – Luxembourg; Malawian pound – Malawi; Maltese pound – Malta; Manx pound – Isle of Man (not an independent currency) Maryland pound – Maryland
Finland is a member of various international organisations, such as the Nordic Council, the Schengen Area, and the Organisation for Economic Co-operation and Development (OECD). The nation performs extremely well in national performance metrics, including education, economic competitiveness, civil liberties, quality of life, and human development.
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
Helsinki [a] [b] is the capital and most populous city in Finland.It is on the shore of the Gulf of Finland and is the seat of southern Finland's Uusimaa region. About 684,000 people live in the municipality, with 1.26 million in the capital region and 1.6 million in the metropolitan area.
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. [1] Human capital has a substantial impact on individual earnings. [2]