• High interest rates create 'instability' in Sweden
Exporters in Sweden are getting more and more anxious about the euro zone debt crisis as business sentiment decreases, a report by the central bank said Monday.
The survey showed that businesses are "pessimistic about the current economic climate and see major risks with the financial situation in the euro area."
"The exporting companies [...] are troubled by the uncertainty regarding developments in the euro area", the Riksbank said. "Demand from Europe is perceived to be weak".
Most companies also see that it will be difficult to increase prices in the period ahead. They also find it difficult to give a clear picture of their pricing plans one year ahead because, as one company put it, "the view is very short-term at the moment".
Last Updated (Monday, 11 June 2012 14:31)