Nordic retail sector's climate transition: Challenges and opportunities
As Nordic retailers navigate the complex landscape of climate transition, they face both challenges and opportunities. From waste reduction to supply chain transparency, this article explores how the sector is adapting to new regulations, embracing technological innovations and responding to shifting consumer demands in pursuit of a more sustainable future.
What impact would tariffs have on the Euro area and the Nordics?
Small open economies are vulnerable to disruptions in global trade. However, the impact of Trump’s potential tariffs on the Nordic and Euro-area economies depends very much on the confidence effect, according to our economists in a new analysis.
It has been 100 days since Donald Trump de facto assumed office as President of the US. It is fair to say that he has been transforming the US fundamentally ever since through executive orders and has challenged the rules-based international cooperation.
Love and money: Why talking finances can be a romantic gesture
On Valentine's Day, when romance is in the air, why do we as a bank think it's important to join the conversation? Because we consider advising and improving people's financial skills to be one of our core businesses. And what can be better advice than how to talk about money as a couple?
Danish minister: Economy on firm footing amid global challenges
Denmark is navigating current global uncertainty from a position of economic strength, according to experts at Nordea’s recent Danish Economic and Government Debt Symposium. Can consumer confidence and household spending catch up with the country’s economic resilience?
Capacity challenges ahead for Norway's construction sector?
Even with only two rate cuts, we expect housing prices to grow by nearly 10% in 2025. After declining sharply for two years, housing construction may finally benefit from some tailwinds. Yet, a weak NOK and higher construction activity in Europe could soon pose new challenges for the construction sector. Who will build all the new homes?
Economic growth in Norway picked up last year and is now back at normal levels. Unemployment has remained stable at a low level since last summer. Growth should increase further in the period ahead.
Powering the AI revolution: Opportunities for Nordic companies
Head of ESG Research in Nordea Equities, Marco Kisic, shares the findings from the latest analysis, “Powering the AI revolution,” including the outlook for data centres’ growth, their exponential increase in energy needs, key bottlenecks and the implications for Nordic companies.
Trade policy will have multiple effects in Finland
The US has become the most important export market for Finland. This makes Finland quite sensitive to any trade barriers imposed by the US. In addition to direct tariffs, indirect effects such as counter-tariffs, foreign exchange rates and increased uncertainty will have an impact on Finland’s economy.
The Finnish economy has seen cautious growth, but the economic cycle remains weak. Consumers are still cautious, even though purchasing power has started to improve and interest rates have fallen.
The conditions are in place for a recovery in domestic demand – the main drivers are lower interest rates and stronger household purchasing power. Inflation remains low, and the Riksbank will likely cut its policy rate further.