The economic slowdown will have an impact, albeit limited, on Sweden's public finances and borrowing, according to the National Debt Office, which anticipates a budget deficit of SEK 11 billion this year and a surplus of 3 billion in 2013.
“Our forecast assumes that the debt problems in the euro zone will be dealt with in an orderly although protracted process and that confidence in the economy will grow gradually in the course of 2012,” the Debt Office writes in a press release.