| | ipedia.com: Economy of Sweden Article (Site not responding. Last check: 2007-10-14) |
 | | These figures show a quite remarkable improvement of the Swedish economy since the crisis in 1991-93, so that Sweden could easily qualify for membership in the third phase of the Economic and Monetary Union. |
 | | The government, however, decided for largely domestic political reasons that Sweden would not enter into the EMU from its start on January 1, 1999, but would keep its options open for entry at a later date. |
 | | However with high and accelerating inflation at this time, it became evident that such low rates were not sustainable, and in the severe crisis in the early 1990s the unemployment rate increased to more than 8%. |
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