The deficit grew in 2020 to 5.4% relative to GDP
Growth in private consumption was seen especially in food, alcoholic beverages, domestic appliances and furniture
The financial position, or net lending, of general government showed a deficit of 12.9 billion euros in 2020, while in the previous year it was 'only' 2.4 billion.
Authorities say direct tax increases will be needed to finance the imbalance between revenue and expenditure.
Public debt relative to GDP will also grow in the coming years and is estimated…
Exports of forest industry products declined by 17% in June and exports of machinery and transport equipment diminished by 7.5%.
Germany, Sweden and the United States have greatly reduced their…