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Sweden Plans to Leave the EU, Expect Possible ‘Swexit’


September, 10 2018
watermark Economic news

On Sunday, Sweden had a poll whether to elect a new government because most of the analysts consider that this is most problematic period. It is expected that the Sweden Democrats, a right-wing, will make it to the top among other three parties. The Sweden Democrats, led by  Jimmie Åkesson, are highly known to be Eurosceptic and they believe that the country should impose an election whether to stay or withdraw from the European Union.


Sweden has a similar case with the UK exit from the EU because the country is not part of the mainland Europe. Based on the report of Oxford Economics, the potential result of Swexit remains extremely unclear.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.