The tight labour market, record-high demand for workers and recent inflation spike suggest that wage growth will be higher going forward. We revise up our wage forecast, and the Riksbank faces new challenges.
Russia’s attack against Ukraine will slow down economic growth in Finland this year. A strong labour market, the lifting of restrictions and the savings accumulated by households during the Covid pandemic will underpin growth in the service sector.
Danish public finances: A break with budget discipline?
The Danish Budget Act is about to be amended at the same time as the green transition and Danish defence spending put an increasing strain on public finances. Is this the beginning of a regime shift in public budget management?
Previously, there were fears of the Danish economy overheating, but now focus has shifted to the negative effects of the war in Ukraine, the high inflation level and the rapidly rising interest rates.
The Swedish economy is currently stronger than it has been for many years. However, the economy is entering a phase of subdued growth as high inflation and rapid rate hikes are slowing activity.
Nordea chief economist: Record-high inflation will slow down economic activity
The war in Ukraine and new Covid-related lockdowns in China put the global economy under pressure. Inflation in the Western world has risen to its highest level since the 1980s.
An oil company included in funds aiming to support more sustainable future might sound controversial. A Nordea fund manager and a ESG-analyst discuss the case of Neste and the company's net zero ambition.
The European Commission has made some changes to the implementation of Basel IV. However, the regulation will still be a gamechanger for both banks and corporate borrowers, according to Nordea On Your Mind.
Sustainable finance propels shipping’s green transition
Shipping accounts for between 2-3% of total global emissions. With demand for global seaborn trade set to grow, pressure to tackle the decarbonisation challenge is mounting from multiple sources, including companies themselves, industry bodies and the financial industry.
In the implementation of the EU Taxonomy, companies covered by the Non-Financial Reporting Directive are required to report on eligibility for the first two EU environmental objectives. Nordea’s Sustainable Finance Advisory team takes a look at how companies are approaching the task.
Alexander’s basement project about to become a mega business: will make larvae part of your diet
There are already more than two billion people eating insects. The start-up Invertapro would also like Norwegians to join the feast and has Nordea on its team.