Word: appelgren
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Dates: during 2003-2003
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...this country for the past 30 years," Andersson says. "To have an independent central bank combined with a free market setting long-term interest rates has been a kind of a watchdog against misconduct of policies in Sweden." Some individuals seem to be split against themselves. Jörgen Appelgren, chief economist at Nordea Bank, recites the main arguments in favor: increased growth and trade and lower interest rates. But he admits that he is personally against the euro. He argues that in case of troubled economic times ahead, the European Central Bank (E.C.B.) in Frankfurt will adopt policies best...