Nordic Outlook - March 2020




Denmark: severe crisis, strong recovery?

  • The crisis is deep and a lot can go wrong, but a strong recovery afterwards looks like the most likely outcome

Sweden: bridging troubled waters

  • Credit efforts aim to preserve businesses in the crisis, while deflation risk has come back

Norway: sharp downturn, autumn recovery

  • Norway is hit both by the corona crisis and the oil price drop, but supported by fiscal and monetary easing

Finland: hard times do not last forever

  • The economy was already slowing before the coronavirus hit, and 2020 will be hard, but next year should be better

Read the entire Nordic Outlook report on Danske Bank research's website

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