Swedish economy seen shrinking 4% in 2020 as pandemic hits
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STOCKHOLM (Reuters) - Sweden's economy is seen shrinking 4% this year the coronavirus outbreak hits supply and demand, a plunge rivaling that experienced during the global financial crisis more than a decade ago, Finance Minister Magdalena Andersson said on Tuesday.The government has introduced a raft of measures, including subsidies for shorter working hours, tax rebates, loan guarantees and easier rules for claiming benefits, to soften the blow from the virus outbreak. Still, Andersson warned..