The Azerbaijan State News Agency

Azerbaijani, Uzbekistan`s deposit institutions sign memorandum on bilateral cooperation
Video on Patriotic War shared on President Ilham Aliyev's social media accounts VIDEO
Parviz Shahbazov: More than 1.1 million tonnes of oil supplied to Vietnam since 2023
President Ilham Aliyev received newly appointed Georgian ambassador to Azerbaijan VIDEO
Caspian Construction Week highlights youth involvement in Garabagh’s revival
Baku hosted 7th CICA Summit
President Ilham Aliyev addressed the event VIDEO
President Ilham Aliyev’s social media accounts shared video on 7th CICA Summit VIDEO
President Ilham Aliyev met with Amir of Qatar VIDEO
President Ilham Aliyev received Türkiye’s Minister of Foreign Affairs VIDEO
Sports-FIFA postpones FIFAe Finals in Saudi Arabia following attacks
President: Peace remains fragile and must be protected and strengthened
President Ilham Aliyev: Wars will continue until mechanisms are developed to ensure implementation of UN Security Council resolutions
President: Azerbaijan actively opposes harmful practice of applying double standards in resolving inter-state conflicts
President Ilham Aliyev: Azerbaijan plays an increasingly important role as a connecting hub in the Eurasian space
Laos accedes to CICA

WORLD

Swedish Prime Minister urges residents to prepare for crisis

16.09.2011 [13:55]
Print
A⁺ A^-

Baku, September 16 (AZERTAC). In his address to the Parliament, the Swedish Prime Minister Fredrik Reinfeldt called on residents to be prepared for the worst - a new economic crisis.

We do not know how long and deep the crisis will be. However, a depressive global trend is observed, indicating to the inevitability of crisis - the economic growth is slowing down, leading to increasing unemployment and hampering national governments to carry out reforms. Therefore, we must be prepared for joint instability and economic hardships, Postimees cites the Prime Minister.

The Swedish Prime Minister also emphasized that the government will do everything possible to create new jobs. He pointed out that Sweden will not use strict economic measures, including large-scale redundancies at companies, but instead will seek to protect existing jobs and possibly create new ones.

A day before this announcement, Christine Lagarde, head of the International Monetary Fund, also accentuated the global economic growth slow-down. She urged the developed countries` governments to adopt the necessary measures to prevent growth threats.

Follow us on social network

Other news in this section

Saudi energy minister says global energy security faces ‘real test’

17.10.2026 [14:19]

Saudi energy minister says global energy security faces ‘real test’

Trump waives several Russia sanctions as new US law takes effect

17.10.2026 [10:26]

Trump waives several Russia sanctions as new US law takes effect

Iran says oil tanker hit naval mine in Strait of Hormuz

17.10.2026 [09:57]

Iran says oil tanker hit naval mine in Strait of Hormuz

Army chief warns Britons will have to make ‘sacrifices’ to prepare for war

16.10.2026 [22:28]

Army chief warns Britons will have to make ‘sacrifices’ to prepare for war

Ethiopia's Abiy names new Tigray government, wants polls in six months

16.10.2026 [20:18]

Ethiopia's Abiy names new Tigray government, wants polls in six months

Incredible ‘seal’s eye view’ image wins this year’s OurNature Environmental Photo & Video Award

16.10.2026 [19:20]

Incredible ‘seal’s eye view’ image wins this year’s OurNature Environmental Photo & Video Award

Japan police to study GPS monitoring of stalkers

16.10.2026 [19:05]

Japan police to study GPS monitoring of stalkers

Italy and Spain move to end border dispute after Meloni-Sánchez talks

16.10.2026 [18:52]

Italy and Spain move to end border dispute after Meloni-Sánchez talks

China completes world's third robotic arm-assisted heart transplant

16.10.2026 [16:32]

China completes world's third robotic arm-assisted heart transplant