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P 7439 スウェーデン経済は好調

The Local, 2010.11.29

Sweden's economy easily beat expectations to post record growth in the third quarter, driven by strong domestic demand, as the government warned against over-confidence.

Sweden, which emerged from recession in the second quarter of 2009 and saw growth quickly pick up in the first quarter of 2010, now has one of Europe's strongest growth rates.

Like Reinfeldt, Finance Minister Anders Borg, who has been largely credited with the Scandinavian country's dramatic turn-around, also cautioned Monday against allowing the strong growth figures to lead to "hubris."

"We must remember that when countries explode, as we have seen in Iceland and Ireland, this has usually been preceded by extreme confidence. Things have looked good and one has been afflicted by hubris. But we will not let that happen to us," he told reporters in Stockholm.

"It is extremely important that we keep our public finances in order," he added.
by jpflege | 2010-11-30 06:08 | 701 Sweden
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