Foreign investment into Sweden fell by around 50% in 2007 compared with the previous year, according to crossborder investment monitor, fDi Intelligence.

Sweden ranks 18th out of 20 European countries monitored by fDi Intelligence for inward investments since 2003.

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Sweden’s centre-right government proposes a corporate tax rate cut from 28% to 26.3% from 2009 and a reduction of social contribution fees paid by employers by about one percentage point.