Sweden only EU country with budget surplus

Sweden is the only EU country which is expected to have surplus in the budget for the next two years. This assesses the EU Commission in its autumn forecast, the business site DI reports.Sweden is predicted to have a budget surplus of 0.7 percent in 2012, and 0.9 percent in 2013, according DI.


Sweden do not stand out in the same way with regard to predicted growth. The Swedish economy is expected to grow by 1.4 percent next year, and by 2.1 percent in 2013, trailing behind the Baltic States.


Source: The Stockholm News, http://www.stockholmnews.com, November 2011