COPENHAGEN, May 2 (Reuters) - Nordic stocks fell sharply on Monday before partly recovering in what brokers Nordnet said was a "flash crash" that caused a brief market panic.

A Euronext Oslo spokesperson said there was no news in the market that could explain the rapid decline that took place just before 0800 GMT. (Reporting by Stine Jacobsen and Nikolaj Skydsgaard in Copenhagen, Terje Solsvik in Oslo and Anna Ringstrom in Stockholm, editing by Gwladys Fouche)