Upbeat Assessment of Sweden’s Economy

According to Sweden’s Finance Minister Pär Nuder, the countrys economy will grow by more than 3.5 percent this year, higher than previously forecast.

In an opinion piece published in the daily Dagens Nyheter, Nuder wrote that ”The finance ministry misjudged the Swedish economy’s growth in the budget proposal last fall.

He added that ”We expected growth to be three percent this year, but the way it looks now growth will be more than 3.5 percent.”

In an upbeat assessment of the state of Sweden’s economy, Nuder also said that this Scandinavian country had improved public finances, high employment and a good level of competitiveness by international standards.

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