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Recent history
At the beginning of the 1990s the Finnish economy fell into severe depression. The depression was caused by an overheated economy after liberalization in the 1980s, the disappearance of a major trade partner almost overnight when the Soviet Union dissolved and bad economic policy combined with an economic downturn in Western trade partners. The most severe consequence of depression was mass unemployment (17%). In the latter half of the 1990s the economy recovered strongly, led by the success of Nokia in the telecommunications market. However, unemployment has not yet recovered to its pre-depression level.
On January 1, 1995, Finland joined the European Union along with Austria and Sweden. Before the parliamentary decision to join the EU, a consultative referendum was held on April 16, 1994. 56.9% of the votes were in favour of joining. Leading Finland into the EU is held as the main achievement of the Agrarian-Conservative government of Esko Aho then in power.
Source http://en.wikipedia.org/wiki/History_of_Finland
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Europe 
