14:02
I don’t think so (without knowing a damn thing) because what has been our big competitive advantage for the electricity-intensive industry has been precisely low electricity prices.
We lost market shares in exports already before the electricity price shot up and back then we had negative interest rates, now interest rates are going up at the same time as electricity prices are sky-high, I think?
Now we probably have an export within the service sector that hasn’t been dependent on electricity in the same way and that might continue but electricity-intensive industry that China has learned to copy might get pretty tough now (I think).
12:48
Probably don’t have much hope that this term will be much better than the last term.
try to solve – “we can no longer export our products because the electricity price has driven up the price and no one buys our products anymore”.