Stockholm, Sweden – A decade ago, Sweden was known as a global city and one of Europe’s most cosmopolitan, and its capital was known for its art, art galleries, music festivals, museums, theatres, bars and restaurants.
Today, however, the Swedish capital of Stockholm is struggling to maintain the city’s global reputation, with its economy stagnating and its population falling.
The city’s decline has been caused by a combination of factors: a lack of investment, low wages, and high crime.
According to the Swedish Institute of Economic Research (SII), the city experienced a total drop in economic activity between 2001 and 2016, from $2.4bn to $2bn, with the biggest decline occurring in the last years of the last decade.
While the global economic crisis has led to a sharp decline in foreign investment, Swedish authorities have struggled to make good on that promise.
In 2016, the government passed a law that effectively halts all foreign investment in the country.
The measure was criticised by business groups and some politicians, who argued that the measure would lead to higher unemployment and a decrease in the attractiveness of Sweden to foreign investors.
In an effort to address these concerns, the country has launched a new initiative, the International Capital Transfer Program, which will allow investors to send money from their countries of origin to Sweden, if they can prove they have at least $1m in assets.
In February this year, Sweden’s government announced that it was expanding the program to allow investors from all over the world to transfer money to the country for the first time.
The new law allows investors to apply for the privilege of transferring funds from countries including the United States, Singapore, and Ireland.
The program, which was designed to help boost the economy, is intended to help companies boost their competitiveness in international markets and increase their revenues.
The move has been met with some scepticism from business groups.
Swedish Business Federation President Lars Hedberg said: “We have not had an international capital transfer program in the past.
This will make the country less attractive for investors and make us less competitive.
The fact that we are going to make an investment to help the economy is an opportunity for us to compete, but we should be looking for new opportunities, not going into a mode of stagnation.”
However, the move has faced criticism from the country’s finance minister, who said that it would create a “bad precedent” and that Sweden’s capital would become a “sophisticated financial centre”.
“We are not going to have a capital transfer system like the US.
We don’t have a financial centre where you go to the US and borrow $20 million,” said Andreas Blödel.
“This is not an opportunity to do things that the US has.”
In his first address to the Parliament in February, Blödec said the Swedish government was “not prepared to open the door for the capital transfer of money from one country to another” and argued that Sweden needed to invest more in its infrastructure.
The Swedish government, however is still hoping to open up its capital transfer scheme to foreign capital in the future.
In a press release in February this 2018, the Ministry of Finance said that the capital transfers were “a way to improve the competitiveness of Sweden”.