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Increased flood risks caused by climate change will also affect banks
(22.01.2021)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
Due to climate change, extreme weather events will become more frequent, resulting in material damage to buildings and other infrastructure. In Finland, for example, this will probably increase the risk of coastal floods. ...
Nordic countries are vulnerable to housing market risks aggravated by the coronavirus pandemic
(20.05.2020)
Bank of Finland. Bulletin 2/2020
Bank of Finland. Bulletin 2/2020
The coronavirus (COVID-19) pandemic is dampening the Nordic housing market in many ways. The economic outlook and consumer confidence in the economy have deteriorated precipitously. The restrictions imposed under the state ...