Brussels, 22/05/2002 (Agence Europe) - Although Sweden continues to meet the convergence criteria on price stability, government budgetary position and interest rates, it does not fulfil the exchange rate criterion, which has created a volatile situation for its currency, the Swedish Krona. These form the conclusions of the two most recent reports on Sweden, adopted on Wednesday by the European Commission and European Central Bank (ECB).
These reports confirm that Sweden is counting on...