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Deep in the frozen north lies a mine that could change everything. As demand surges, Sweden is sitting on a treasure that may ...
However, Sweden is not currently in a recession. A country is deemed to be in a recession when its economy declines for two consecutive quarters, and Sweden had a GDP growth of 0.1 in Q120.
Sweden's economy and households are feeling the heat from U.S. trade tariffs, the Scandinavian country's finance minister told CNBC — before the full force of the levies has even come into play.
At first Sweden’s export-heavy economy seemed to be doing okay, with GDP actually growing by 0.1 percent in the first quarter.
Unlike the U.S. and most other industrialized countries, Sweden decided not to shut down the country--and its economy--to prevent the spread of the coronavirus. The country's Minister for Foreign ...
For years, Sweden has been warned that its dysfunctional housing market, plagued by under-supply and kept aloft by low rates and generous tax benefits, was a risk to the wider economy.
This article is for subscribers only. Sweden’s economy grew in the first quarter as many other countries sank into a deep recession, adding to a debate on how best to tackle the spread of Covid-19.
In 2007, before the recession, the U.S. government had a budget deficit equivalent to 3 percent of its economy, as did Britain. Sweden, meanwhile, had a 3.6 percent surplus.
Vienna, once the proudest of cities has now become so unimportant that the Swedish Riksdag decided, in the interests of economy, to withdraw the Swedish Legation. It is more thar 200 years since ...
Sweden’s economic output expanded less than expected in May, as data highlights that households in the Nordic region’s largest economy may need additional monetary policy easing for ...