Krona


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Krona

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Some people argue that the weak krona gives Swedish industry such a strong competitive position that it is impeding pressure for reform in the economy and thus also productivity improvements.
Inflation-linked krona debt: 20 per cent (in the long term)
In the scenario of weaker growth in the euro area, it is not assumed that the krona strengthens further as a consequence of prolonged worries, in part because of the difficulty in determining the magnitude of such movements.
The company reported a slight increase in sales, excluding VAT, from 51.9 billion Swedish krona (pounds 5.02 billion) to 52.1 billion Swedish krona (pounds 5.04 billion).
Hundreds of thousands of players, each piloting his own virtual spaceship, build, mine, buy, sell, and steal in a currency known as Interstellar Kredits, or ISK (the same as the symbol for the Icelandic krona).
The crisis jeopardizes Iceland's sovereignty in other ways as well, as the government considers pegging the krona to the euro, and thus to the whims of the European Central Bank, or joining the European Union out of sheer necessity.
"Iceland has put together an ambitious economic programme, which aims to restore confidence to the banking system, to stabilise the krona through strong macroeconomic policies, and to help the country achieve medium-term fiscal consolidation following the collapse of its banking system," Strauss-Kahn said.
Sandvik, which has extensive operations in the West Midlands and employs around 1,400 in the UK, posted pretax profit of 1.79 billion Swedish krona (pounds 140 million), up from 1.21 billion in the corresponding quarter a year ago.
Launched in 1998, the company has registered capital of about 200,000 krona, or one million baht.
The original Krona insulation material comprises a composite consisting of two layers of bubble wrap, the outsides of which are coated with a metallized polyester film, with a polyethylene film sandwiched between the bubblewrap layers.
Then, late in European trading on Friday, May 17, Sweden' s Riksbank announced that it would link the Swedish krona to the European currency unit (ECU), replacing its trade-weighted basket of currencies, in which the dollar carried the largest weight, with a basket composed entirely of European Community currencies.
M2 EQUITYBITES-September 21, 2018--UK to take over printing of Swedish krona