Nordic Outlook - January 2012Nordic Outlook - January 2012

    Denmark: Long road to recovery
    – Kick-start widens budget deficit but is unlikely to trigger a sustainable recovery

    Sweden: Flickering light in the dark
    – Economic rally gives way to recession

    Norway: Opposing forces at work
    – Oil investment should keep the Norwegian economy afloat in the face of the debt crisis

    Finland: Recession ahead
    – Fiscal tightening and European debt crisis likely to push the Finnish economy into recession


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