Local authorities stay in the black
18 Mar 2005, 09:48
Published: 18 Mar 2005 09:48 GMT+01:00
In spite of the predictions of doom and gloom, Sweden's local authorities finished last year in the black, with an overall balance of 2.6 billion kronor. The figure is almost a billion more than the previous year.
According to Statistics Sweden, two out of three local authorities have avoided falling into the red.
Only one in five local authorities had a deficit of more than five hundred kronor per inhabitant.