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Healthcare

Finland's export credit firm warns of 2020 loss due to coronavirus

HELSINKI, July 1 (Reuters) - Finland’s export credit and financing agency Finnvera warned on Wednesday of a loss for 2020, citing expected credit losses due to the spread of the new coronavirus.

“The coronavirus pandemic causes exceptional uncertainty in the outlook,” Finnvera said in a statement.

In 2018 and 2019 Finnvera reported an annual operating profit of 100 million euros ($112 million). ($1 = 0.8906 euros) (Reporting by Tarmo Virki Editing by Gareth Jones)

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