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‘Sweden is just like any ordinary Western European country, only in many things a bit better’"In Sweden we can see the same trends as in the EU. It's just like any 'ordinary' Western European country, only in many areas the Swedes do things that bit better." This doesn't mean that there aren't risks involved. The housing market, in particular, is priced on the high side, with the danger of a new bubble ahead. Deflation is also a latent danger, certainly with the low price of oil and falling transport costs. The country has a negative deposit interest rate (-0.25%) that can easily fall still further.