ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report covering areas such as economy, domestic political and policy trends in Sweden.

The publication Country Report Sweden November 2008 reports that with the next general election scheduled for September 2010, the road towards regaining the level of popular support that the four centre-right governing parties won in the 2006 election will be long and difficult.

The reports shows that despite having lost popularity, the government will continue to work towards tax and welfare reforms. The stability of the government is not likely to be threatened, although the public finances will go into deficit from 2009.

Furthermore the recent and ongoing global financial crisis will continue to have a direct impact on the Swedish economy, encouraging a tightening of lending criteria and significantly weaker domestic and external demand.

This has led to the government announcing a widening of its deposit guarantee scheme in early October 2008 and later a plan to stabilise the Swedish financial system.

As a consequence of the global financial crisis Swedish car manufacturers, in line with those across Europe, are reducing production rapidly and announcing lay-offs as global demand for cars and heavy vehicles has fallen dramatically in recent months.

As a response, October marked the first time that Swedish banks have moved to shore up their defences since the financial crisis began last year, with Swedbank and Carnegie Investment Bank both taking action.

Country Report Sweden November 2008

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