Sweden Refuses to Lockdown, Is Doing Well

Sweden’s unusual approach to fighting the coronavirus pandemic is starting to yield results, according to the country’s top epidemiologist.

Anders Tegnell, the architect behind Sweden’s relatively relaxed response to Covid-19, told local media the latest figures on infection rates and fatalities indicate the situation is starting to stabilize. . .

Sweden has left its schools, gyms, cafes, bars and restaurants open throughout the spread of the pandemic. Instead, the government has urged citizens to act responsibly and follow social distancing guidelines. . .

As of Sunday, Sweden had reported 1,540 deaths tied to Covid-19, an increase of 29 from Saturday. That’s considerably more than in the rest of Scandinavia, but much less than in Italy, Spain and the U.K., both in absolute and relative terms. . .

Sweden’s Covid-19 strategy may ultimately result in a smaller — albeit historically deep — economic contraction than the rest of Europe is now facing, according to HSBC Global Research economist James Pomeroy. (Read more from “Sweden Refuses to Lockdown, Is Doing Well” HERE)

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