Nordic GDP contracting sharply before gradual recovery - Nordea

OSLO (Reuters) - Nordic economies will on average contract by 6% this year and only see a partial rebound of around 4% in 2021, although strong public finances will help mitigate the COVID-19 fallout, the region's biggest bank Nordea predicted on Wednesday.With much of the global economy in limbo amid the pandemic, the export-dependent Nordic nations have seen a spike in unemployment that is expected to linger in the coming year, Nordea's quarterly Economic Outlook report showed.The decline in..