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Swedish economy shrinks in second quarter

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Sweden warns of Russia threat on eve of NATO membership

The Swedish economy shrank in the second quarter as household spending and investment fell, official data showed Thursday. The country’s gross domestic product contracted by 0.3 percent compared to the first quarter, when it grew 0.7 percent, according to Statistics Sweden. “GDP decreased slightly in the second quarter. The downturn in the economy was wide […]

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