Tag: economics
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Though Sweden was not immune to the pandemic’s economic impact, it was the only major economy to grow in the first quarter of the year
Source: business insider.com Throughout the coronavirus pandemic, Sweden has drawn international attention for its unorthodox approach to managing the virus’ spread. The Nordic state didn’t impose strict lockdown measures, instead asking citizens to stay home if they were sick and to practice social distancing in public. Bars, restaurants, and shops stayed open, even when cases peaked in…
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The Latest Good, Bad and Ugly News from Sweden
The Good Now There Are Plans for ‘e-Krona’ in Cash-Shy Sweden Sweden is becoming increasingly cashless. Credit and debit cards are now by far the most common mode of payment while mobile payments have become as common as cash. A parliament committee has proposed that the largest banks should be forced to handle cash in…