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 ...

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 central bank expects its economy to contract by 4.5 percent this year, a revision from a previously expected gain of 1.3 percent. The unemployment rate jumped to 9 percent in May from 7 ...

What is sadly ironic about the Sweden story is this should have been America. We’re the land of the free, not Sweden. We are the nation of rugged individualism, not Sweden, with its more socialist ...

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.