The Nordic region was not exempt from this, and was in some quarters making the headlines, not least when 300,000 UK savers were frozen out of their accounts as Landsbanki, parent bank of Icesave, went into receivership in Iceland.
Since the downturn in the world's financial markets, investors have been looking for the green shoots of recovery. For every sign of light at the end of the tunnel, bad news has trickled through.
Recently Greece has been making the headlines as it struggles to keep its economy afloat, with public spending soaring and wages doubling in the past decade since joining the euro. However, despite these ups and downs, the Nordic finance sector appears to be slowly climbing back to its feet, with a recent survey by Finance IQ showing that over three-quarters expect net inflows to boost the industry this year.
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