Posts tagged as Baltic GDP

Swedbank: coronavirus could hold back Baltic GDP growth by 1%

Friday, March 6, 2020

Swedbank, the largest bank in the Baltic states, released a report March 6 giving an assessment of the potential economic effects of the spread of coronavirus in the region. “The uncertainty regarding the economic development ahead is exceptionally high. Just up until recently, the consensus view among economist on corona’s economic consequences was that of a V-scenario, i.e. a marked but temporary downturn. This now appears increasingly as a pious hope.…