The macroeconomic outlook has deteriorated significantly with the drastic anti-infection measures introduced in Denmark as well as the rest of the world. Indicators such as car sales and payment transactions show that the economy is currently in sharp decline, and the published scenarios for the Danish economy from Danmarks Nationalbank, the Ministry of Finance and the Danish Economic Councils include a fall in GDP of 3% or more in 2020. The deteriorating finances for households and businesses will inevitably lead to increased impairments for credit institutions.
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