The European Union is now taking a significant step forward by establishing the Single Supervisory Mechanism for the euro area and the non-euro area member states have a possibility to join in the form of “close co-operation”. Therefore, it may be fair to ask whether we someday see Sweden to join the Single Supervisory Mechanism.
As has often been the case in the past, the behavior of inventories provided substantial impetus for the initial strengthening of the economy. Manufacturers, wholesalers, and retailers took vigorous steps throughout 2001 to eliminate an unwanted buildup of stocks that emerged when final demand slowed late in 2000.