Brussels, 10/01/2001 (Agence Europe) - On Wednesday, the European Commission adopted a recommendation on the updated Swedish convergence programme for the period 2000-2003. It reached the conclusion that Swedish "comfortably" fulfils the convergence criteria on the government budgetary position, inflation and interest rate, but does not fulfil the exchange rate criterion. On this, the Commission stresses "Sweden is expected to decide to join the ERM2 in due course". It also notes that...