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Moody's heap praises on the Swedish economy

Monday, 03 September 2012
In a new assessment of the Swedish economy by the credit rating organisation Moody's, there was nothing short of praises.

The Swedish economic strength, according to Moody's, is impressive with a god GDP per capita, with a diverse economy and declining relative debt. There is strength in high-tech markets, with high productivity and impressive healthcare with above all low rate of wage increases pressures as well as inflation.
 
Sweden is also strong to terms of surpluses and savings, consider the institution.
Furthermore, Moody's sees Sweden ushering a very high standard of living, stable institutions and a good education, pension and welfare systems that contribute to political and economic stability.

Moody's also sees no risk in the Swedish banking sector  as the euro area crisis deepened, though the risks could spill over. However, Sweden is properly position to weather any risk thrown to them by the EU crisis.
by Scancomark.com Team



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