Sweden's Persson on the current economic situation

In the speech 'The current economic situation' given on 13 September Kristina Persson of the Sveriges Riksbank said the world economy has developed very strongly in recent years with an average annual growth rate of 5 per cent.

"The United States and parts of Asia, China in particular, had acted as growth engines for the world economy. Developments in the euro area have been subdued in recent years, but even there the recovery now appears to be underway. This has contributed to strong growth in

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