Swedbank Economic Outlook Update: Sweden in good position for growth, reforms needed in Baltics
Global growth is strengthening, and the effects of the financial crisis are lessening. Political risks remain a concern, with key elections imminent in Europe and uncertainty regarding US policies. Sweden is in a good position for growth given its strong public finances. While growth is also good in the Baltics, reforms will be needed to maintain it.In the US and Europe, companies and households are in a good financial position, and both investments and consumption are rising. This is benefiting the labor market and in turn contributing to further increased consumption and stronger demand.