TV4: Small businesses in Sweden risk going broke due to electricity prices

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pxhere.com
pxhere.com

The Swedish Association of Merchants has warned of the danger of closing small grocery stores due to skyrocketing electricity costs. This is reported by TV4.

Owners of small private shops intend to close their business in Sweden. Small businesses fear that if the rising cost of electricity does not destroy their business now, then it will happen in the winter anyway. Businessmen expect price increases that will not be able to cope.

Not only entrepreneurs will suffer in this, but also the population, especially in small or remote areas. Businesses are struggling with high prices, but demand is declining, causing buyers to switch to austerity.

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