Economy
Chief Economist's Corner: Cold winds blow from the east, while it's foggy and unstable in the west
The unstable conditions continue to dominate the forecasts, and nothing suggests an imminent shift.
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Economy
The unstable conditions continue to dominate the forecasts, and nothing suggests an imminent shift.
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Sustainable finance
Nordea’s Renewable Energy & Infrastructure Financing initiative supports pioneering clean energy ventures, from the world’s first commercial e-methanol plant to offshore wind, solar parks and digital infrastructure.
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Sustainability
Two decades ago, China saw in the energy transition the opportunity to leapfrog into a new technology era. We examine the scale of China's efforts, and explore what policies the EU could adopt in a scenario of increased trade assertiveness.
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Economic Outlook
The Swedish employment rate is among the highest in Europe, yet unemployment is close to 9%, according to the Labour Force Survey. There are strong reasons to take a more nuanced view of unemployment and shift the focus to register-based measures.
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Economic Outlook
Despite trade tensions and geopolitical turmoil, Danish exports have surged in recent years. Much of this growth stems from exports of goods produced outside Denmark’s borders.
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Economic Outlook
Households have regained confidence, and conditions are in place for consumption to substantially increase. The export industry has weathered several global challenges, and the outlook is healthy. The unemployment rate is set to fall to 5%, according to the new BAS measure.
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Economic Outlook
The global economic outlook has continued to be rather stable, despite geopolitical uncertainty. However, the level of uncertainty continues to be high, and the confidence among corporates and households is repeatedly tested.
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Economic Outlook
In a world of political uncertainty, the Danish economy is well positioned to handle future challenges. The foundation lies in the labour market, where record-high employment helps ensure robust public finances.
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Economic Outlook
The global economy was characterised by a high degree of resilience in a tumultuous 2025, with the prospect of renewed growth in 2026. However, there are significant risks are associated with the unpredictable geopolitical situation.
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Economic Outlook
The increase in household saving has kept private consumption subdued in recent years. We examine how alternative assumptions about the savings ratio in the forecast years will affect consumption, employment and economic growth.
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Economic Outlook
Finland’s economic growth has been slow to materialise. Weak consumer confidence and falling housing prices continue to hold back private consumption and construction investments. However, the fundamentals of the economy have improved, so the conditions for recovery are present. There are already signs of improvement in the manufacturing sector.
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Economic Outlook
Movements in the NOK exchange rate are closely tied to structural net NOK transactions. After several years of persistent negative pressure, in which many market participants had an underlying need to sell NOK, we are now seeing signs of a shift in main flows, indicating a gradual strengthening of the NOK in 2026.
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