Swedish entrepreneurs optimistic about growth

IN BRIEF – Managers at small businesses in Sweden have a positive view of the upcoming quarter – and plan to employ more staff.

Related news:
• Sweden slashes income tax to boost jobs

Only six percent of Sweden’s entrepreneurs and managers of small firms believe that times will get worse during next quarter, the bank SEB said on Tuesday. The corresponding figure in March was 71 percent.

One in five believes that the country’s economy already has started to grow again after several months of recession. A majority of the polled company leaders also say they plan to increase its staff.

“The feeling that the worst is behind is growing stronger”, said Ingela Hemming, economist at SEB. “It’s encouraging that so many says they are planning to increase employments again”.

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Last Updated (Tuesday, 22 September 2009 15:29)

 
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