Economic and Financial Affairs


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Sweden

This country page is a centralised resource for the analytical work on the economy of Sweden performed by DG ECFIN. It provides links to the most important pages and documents, such as the European Commission's regular economic forecasts and the country’s compliance with the Stability and Growth Pact.

  • Economic forecasts for Sweden

    The Commission publishes macroeconomic forecasts for the EU and the Member States twice a year, in the spring (May) and in the autumn (November). These forecasts are produced by the Directorate-General for Economic and Financial Affairs (DG ECFIN) and include a chapter on Sweden.


  • Monitoring the budgetary situation in Sweden

    Assessments of Sweden’s convergence programme

    As required by the Stability and Growth Pact, at the end of each year Sweden submits an update of the medium-term fiscal strategy it first presented in 1998. Euro area Member States submit stability programmes while countries outside the euro area submit convergence programmes. Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on each programme. All programmes of Sweden, the related Commission assessments and Council opinions, as well as the working documents containing expanded assessments prepared by DG ECFIN, can be accessed here.

    Public finance report

    The Commission’s annual public finance report prepared by DG ECFIN – entitled "Public Finances in EMU" – includes a chapter on Sweden.


  • Sweden and the euro

    Sweden has not yet adopted the euro as its currency. It will join the euro area as soon as it fulfils the necessary conditions as defined in the 'Maastricht' convergence criteria. Progress toward meeting these criteria is assessed by the Commission and the European Central Bank in regular convergence reports. The most recent Commission convergence report covering Sweden can be accessed here and the most recent Commission report on the practical preparations for the introduction of the euro in Sweden as well as other information about Sweden and the euro here.


  • Sweden and economic policy coordination in the EU

    As part of the Lisbon Strategy for growth and jobs, Sweden presented its 3-year national reform programme (NRP) in 2005 and reports each autumn on its implementation. The Commission analyses all Member States’ reports in its Annual Progress Report (APR) and proposes, as appropriate, country-specific recommendations. All available reports can be accessed here (NB this Europa subsite is not maintained under the responsibility of the Directorate-General for Economic and Financial Affairs).


  • Selected topics

    The Country Focus series produced by DG ECFIN provides a concise analysis, set within the broader economic and policy debate, of a topical economic issue concerning one or more Member State(s). Country Focus issues on Sweden are listed below, the most recent first.

    The Swedish labour market model: performance under outside pressures (July 2006)

    How bright are the Nordic lights? (July 2005)

    Swedish budget rules: praise from Brussels, pressure at home (March 2005)

    Too many ill Swedes? (February 2004)

    On 7 May 2008, the Commission adopted a Communication on "EMU@10: successes and challenges after 10 years of Economic and Monetary Union" (it was on 1 May 1998 that European Union leaders decided to launch the euro on 1 January 1999). The Communication, which takes stock of what has been achieved over the past ten years and makes proposals on the way forward, builds on an in-depth study by DG ECFIN. Both documents can be found on DG ECFIN’s EMU@10 website