Sweden's recovery

Sweden is doing exceptionally well in these difficult times. Thanks too strong public finances and government cautiousness it has been able to raise its 2010 growth forecast for the third time in four months which makes it one of the best performing economies in Europe. Even though the rate has been raised the future remains uncertain for the country whose gross domestic product relies for about 50 percent on export. There are even some who say that the stimulus to keep the recovery going has been underestimated and that Sweden will suffer if the economic activity decreases again. Only time will tell who's right or wrong.

(Financial Times)

Mathieu Liebaert