On Wednesday (1 April), Andreas Wallström, the Chief Economist of the Swedbank echoed something heard before from the White House. Mr Wallsström suggested in an interview that every citizen of working-age should be given SEK 10,000 (€900) a month for six months once the worst of corona crisis is over, according to euractiv.com.
Wallström believed that would be a quicker and simpler way to kick start the economy than the numerous government subsidies to companies and employees. Sweden’s GDP is expected to drop by 4% in 2020, around as much as during the financial crisis.
By Wednesday afternoon (1 April), Sweden had recorded 4947 coronavirus infections and 239 people had died after the death toll rose by 59 people on Tuesday (31 March).
While intensive care units are filling up fast, the country continues to rely on recommendations more than restrictions.
According to estimates, the number of infections in Sweden will peak by the end of April, by which time roughly half the population is presumed to be infected.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: