A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars.

Sweden’s long-successful economic formula of a capitalist system interlarded with substantial welfare elements has recently been undermined by high unemployment, rising maintenance costs, and a declining position in world markets.

Indecision over the country’s role in the political and economic integration of Europe caused Sweden not to join the EU until 1995, and to forgo the introduction of the euro in 1999.
Sweden is the largest of the Scandinavian countries, both in land size and population. This independently minded country has a vibrant economy, and a very high standard of living.

Respected for it’s auto industry (Volvo and Saab), Sweden’s people-oriented social programs are also highly regarded, especially in women’s rights.

Sweden’s major economic resources include offshore fisheries, almost unlimited timber, high-grade ore mining, hydroelectric power, and a growing tourism business.

Famous for hunting, fishing and winter sport venues, its numerous lakes and rivers, and the striking beauty of sophisticated Stockholm, visitors and residents alike have much to choose from here.