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Stock impact report

Nordic nations face deep recessions in 2020, recovery eyed: Reuters poll [Reuters]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Reuters
Nordic nations face deep recessions in 2020, recovery eyed: Reuters poll OSLO/STOCKHOLM/COPENHAGEN (Reuters) - Denmark, Norway and Sweden face some of their worst economic downturns on record this year as the coronavirus pandemic shuts down many businesses, according to a Reuters poll of economists released on Tuesday. Initially expecting a mild slowdown in 2020, Nordic nations may now see their biggest contraction in a single year since at least the financial crisis of 2009 and possibly since World War Two eight decades ago. With much of the region’s wealth built on trade, major corporations such as truckmaker AB Volvo ( VOLVb.ST ), shipping giant Maersk ( MAERSKb.CO ) and oil company Equinor ( EQNR.OL ) all warned of a severe impact on business from the pandemic. Hundreds of thousands of workers have been furloughed or laid off as factories, shops, restaurants and sports and entertainment venues closed or saw a sharp drop in demand. Gross domestic product for Sweden and Denmar Show less Read more
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