Swedish economy in recession

Sweden’s economy is in recession, having contracted for two consecutive quarters, according to statistics released on the 28 November 2008 - the latest sign that the impact of the global credit crisis on this small, flexible and resilient economy is deepening.

Statistics Sweden: Press Release, 28.11.08: Sweden's GDP: unchanged in third quarter 2008 http://www.scb.se/Pages/PressRelease____255027.aspx

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