Denmark
Once the seat of Viking raiders and later a major north European power, Denmark has evolved into a modern, prosperous nation that is participating in the political and economic integration of Europe. So far, however, the country has opted out of some aspects of the European Union's Maastricht Treaty, including the new joint monetary system.

Norway
Despite its neutrality, Norway was not able to avoid occupation by Germany in World War II. In 1949, neutrality was abandoned and Norway became a member of NATO. Discovery of oil and gas in adjacent waters in the late 1960s boosted Norways economic fortunes. The current focus is on containing spending on the extensive welfare system and planning for the time when petroleum reserves are depleted. In referenda held in 1972 and 1994, Norway rejected joining the EU.

Sweden
A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars. Swedens long-successful economic formula of a capitalist system interlarded with substantial welfare elements has recently been undermined by high unemployment, rising maintenance costs, and a declining position in world markets. Indecision over the countrys role in the political and economic integration of Europe caused Sweden not to join the EU until 1995, and to forgo the introduction of the euro in 1999.

InsideWorld provides country background information for many countries and regions. Information covers topics like economy, government, demographics, geography and more.

Go to InsideWorld’s Country Information:
 

For more information about current affairs, business, economy, politics and more, use InsideWorld's free daily e-mail news service.

If you would like to receive news, but do not have an InsideWorld account yet, click below to setup your free account now and start receiving news right away.