Sweden’s economy shrank less than euro zone’s at height of pandemic

Sweden’s economy performed better than most of Europe at the height of the pandemic even though its economy shrank by the most since the second world war, as the Scandinavian country appeared to benefit from its lighter-touch approach to coronavirus. Gross domestic product in the second quarter fell 8.6 per cent compared with the previous three months, according to a flash estimate from Statistics Sweden published on Wednesday. But that was significantly better than the...