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Welcome
to our Hotel Network!
Your non stop hotel reservation guide for Hotels in
Sweden. We
searched multiple suppliers for the best Room Rate available. Often
GDS (Global Distribution System) suppliers have different room rates, due
to the fact that they individually buy blocks of rooms from hotel chains.
Check
first our Last Minute &
Hot Deals where we put a Monthly update of all known LAST MINUTES! of
all Hotel Reservation Suppliers. This to get & let you informed about
all known Discounted deals in Europe!
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A military power during the 17th century, Sweden has not participated in any
war in almost two centuries. An armed neutrality was preserved in both World
Wars. Sweden's long-successful economic formula of a capitalist system
interlarded with substantial welfare elements was challenged in the 1990s by
high unemployment, rising maintenance costs, and a declining position in
world markets. Indecision over the country's role in the political and
economic integration of Europe delayed Sweden's entry into the EU until
1995, and waived the introduction of the euro in 1999.
Aided by peace and neutrality for the whole 20th century, Sweden has
achieved an enviable standard of living under a mixed system of high-tech
capitalism and extensive welfare benefits. It has a modern distribution
system, excellent internal and external communications, and a skilled labor
force. Timber, hydropower, and iron ore constitute the resource base of an
economy heavily oriented toward foreign trade. Privately owned firms account
for about 90% of industrial output, of which the engineering sector accounts
for 50% of output and exports. Agriculture accounts for only 2% of GDP and
2% of the jobs. The government's commitment to fiscal discipline resulted in
a substantive budgetary surplus in 2001, but is expected to shrink somewhat
in 2002, due to the global economic slowdown, tax cuts, and spending
increases. The Swedish central bank (the Riksbank) is focusing on price
stability with an inflation target of 2% for 2002.
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