Nordea Bank projects zero GDP growth for Finland in 2023

HELSINKI, Sept. 7 (Xinhua) -- Nordea Bank, the largest bank in the Nordics, downgraded its growth forecasts for Finland's economy on Wednesday.

According to Nordea, Finland's gross domestic product (GDP) would grow by 2.5 percent in 2022, followed by zero growth in 2023. The bank cited high inflation, rising interest rates and the European energy crisis as the main reasons.