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Transparency and investor interest will increase for domestic companies reporting consolidated earnings after they are required to implement international accounting standards next year, Finance Minister Alexei Kudrin said Tuesday at a Presidium meeting chaired by Prime Minister Vladimir Putin.

The Finnish economy is in a relatively fast recovery from the recession. In the early part of the year gross production rose by 5.5 per cent compared with the same time last year, according to Statistics Finland. Of the industrial sectors, engineering grew strongest. Output in the metals industry grew by 13.5 per cent in the period under comparison. The second-highest growth rate, 9.4 per cent was in the wood and paper industry.