Economic Outlook: Ground for optimism
Nordea’s new forecasts show that the global economy is slowly but surely improving. This will also spread to the Nordic economies, although at very different speeds.“Both the US and China can look forward to solid progress over the coming years, and there is hope that Japan will resurrect itself and emerge from the protracted deflationary spiral. The weak link is still the Euro zone. In our new forecasts we look for growth in the global economy of 3.3 per cent in 2013, rising to 4 per cent in 2014”, says Nordea’s Global Chief Economist Helge J. Pedersen. Despite solid public finances and