Economics
Coronavirus Is Set to Hit Pay Talks for 2.8 Million Swedes
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About 2.8 million Swedes look set to get a much smaller pay bump than they’d hoped for as the coronavirus flattens budgets across the country’s export industry.
The fallout of the virus “puts the wage negotiations in a new light,” said Robert Bergqvist, a former Riksbank economist who now runs the macro research department at SEB in Stockholm.