Sweden's Ingves on the crisis and beyond

"Despite the gloomy outlook for next year, there is still some light at the end of the tunnel," said the governor of Sweden's central bank in a new year's eve post.

"In Sweden, we have a good foundation to build on as we have a long period of high growth, rising employment and low inflation behind us," he said.

"Public sector finances are in particularly good condition and Swedish banks are well-equipped from the start, with good earnings capacity and low loan losses," he added. "The Riksbank

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