“The economic insecurity we have seen in 2012 will continue in 2013, and probably also in 2014."
Frank madsen, pa business transformation expert
PA’s Frank Madsen, a business transformation expert, is quoted in an article in Borsen on the Danish economy. The article looks at claims made by a number of financial experts who say that the Danish economy is once again in recession.
These claims are based on figures showing a downturn in the third quarter of 2012 and a decline in consumption. In the article, Frank suggests that Danish companies should adjust to a ‘new normal’: “The economic insecurity we have seen in 2012 will continue in 2013, and probably also in 2014. This is the new reality and Danish companies need to adjust.”
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