Finland revises economic decline to 7.6 pct

Finland's economy will shrink by 7.6 percent this year, its worst performance in more than 50 years, the government said Friday.

The Finance Ministry had earlier predicted a 6 percent drop in GDP in the small Nordic economy severely hit by the recession because of its dependence on exports.

But, the ministry said, the worst is over.

For the complete report: Finland revises economic decline to 7.6 pct- by Matti Huuhtanen - BusinessWeek