© Copyright – Establishingabroad.com
Sweden is making a bad deal

Sweden is making a bad deal

Publicerat av Tony Harkén Wednesday, 22 February 2012.

 

Although the Swedish government argues that the country's 100-billion SEK loan to the IMF takes place on market terms, SVT's Report shows a reversed image.


The review has concluded that Sweden lends the money
to only 0.1 percent interest rate and the terms are not negotiable. In its context, it should be mentioned that the inflation in the euro zone is expected to be around 2.6 - 2.9 percent in 2012, making the loan deal a bad choice for the Swedish taxpayers.

In addition, the Swedish government has guaranteed that the lending to the IMF is completely risk free, which may seem a strange since the IMF is designed to help, for example, Greece with new money.

Publicerat av

Tony Harkén

sverige
  • One of the oldest companies

      Stora Enso. Stora Kopparberg is considered to be one of the world's oldest companies. A document from 1288 showed that the bishop Peter Elofsson in Västerås then purchased one-eighth of the Falun copper mine. Read more

Time in Sverige

SE - Time
  • Sweden is making a bad deal

    Although the Swedish government argues that the country's 100-billion SEK loan to the IMF takes place on market terms, SVT's Report shows a reversed image. Read more