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Israel's ambassador in Sweden summoned to Swedish Foreign Ministry as explanation requested for expanded settlement building

Monday, 03 December 2012
A Jewish  settlements in the West Bank under construction 2011, / img-SR
Swedish Foreign Minister, Carl Bildt, believes that the signals of new Israeli settlements is extremely worrying and has sought the Israeli ambassador to his office for explanation.

Atlas Copco wins large orders for mining equipment in Latin America

Friday, 28 December 2012
Atlas Copco has won two large orders from mining customers in South and Central America, worth a total MUSD 30 (MSEK 210).

Blackburn Rovers sacks their Norwegian manager, Henning Berg just after 57 days

Thursday, 27 December 2012
People say the British football league is tough, the evidence can be seen everywhere especially at the roving doors of club management.

EQT to acquire US Westway Group, premier provider of bulk liquid storage

Friday, 21 December 2012
Swedish Private Equity fund,  EQT said on Friday it would launch a public tender offer to buy U.S.-listed liquid storage provider Westway Group, Inc. (WWAY) for about $419 million.

Karolinska Development sells 13 companies

Friday, 21 December 2012karolinska-development
Research  and development company, Karolinska Development AB announced today that a syndicate led by the life science investor,  Rosetta Capital Limited will acquire a minority share in Karolinska Development’s holdings in 13 of its 25 portfolio companies for Skr 220 million.

Credit rating organisation, Moody's praises Swedish bank, SEB

Thursday, 20 December 2012
The initiative from SEB, with its CEO Annika Falkengren, requiring that new mortgage customers amortise their housing loans that exceed 70 percent of the value of their properties over a period of up to 60 years are credit positive.

Sweden's largest investors appoint Swedbank Large Corporates & Institutions as the leading credit institution

Thursday, 20 December 2012
Sweden's largest investors (tier 1) ranked Swedbank's Large & Institutions (LC&I) as the country's best in credit products and credit research, in Prospera's annual survey.

Forestry Company SCA, to cut hundreds jobs as it restructure its business while also making some investment

Wednesday, 19 December 2012
Cost-cutting of approximately 200 people involved in Forestry Company SCA will occur as cut down in it their activities start taking a bite. But the company also wants to invest in its energy sector in Sweden

SAS' crisis plan agreement in trouble waters as claims emerged of back stabbing

Tuesday, 18 December 2012SAS
Scandinavian airliner (SAS) which recently agreed with the Unions so that it could resume operation seems to be heading towards the rocks. It is claimed that the agreement with the SAS and the Union was done behind the backs of the union's unanimous agreement.

H&M reports stronger than expected sales

Monday, 17 December 2012h&m
H&M Group total sales including VAT in local currencies increased by 7 percent In November 2012, compared to the same month the previous year.

Subcontractors and part suppliers to Volvo cars denied bank loans

Sunday, 16 December 2012
Several major suppliers  and subcontractors to Volvo Cars corporation have been denied loans aimed at helping them develop future car models.

Tele2 gained valuable Dutch LTE frequency

Friday, 14 December 2012
Tele2 AB today announced that it has obtained 2x 10 MHz spectrum (2 licenses) in the 800 MHz band during the multiband frequency auction in the Netherlands. The cost of the two licences is SEK 1.4 billion, according to a press release - read more from Tele2

Norwegian wants to make a move to Sweden if government remains inflexible to working methods

Friday, 14 December 2012
Budget airline, Norwegian has been criticized for wanting to operate the new long-haul routes with foreign personnel. But without workers living abroad they can not be profitable, Norwegian manager Bjørn Kjos, believes.

Saab Automobile bankruptcy administrators seeking Skr129 million

Thursday, 13 December 2012Saab
Saab Automobile's bankruptcy administrators have Given the Swedish authorities a very large bill - some Skr129 million in advance fees for their work until 31 October this year.

Renault withdraws from Volvo and sells everything

Thursday, 13 December 2012
AB Volvo's largest shareholder, French Renault, is leaving the truck company. On Wednesday evening, Renault with the help of Carnegie and Goldman Sachs, sold all of its 138.6 million A class shares.

Top Managers at TELIA knocked off accused of bribery

Wednesday, 12 December 2012
Two employees of TeliaSonera  have been suspended from their position suspected of crimes related to the investigation into bribery and corruption in Uzbekistan.

Disappointing as SAS makes a billion Krona  Loss

Wednesday, 12 December 2012
Troubled Scandinavian airlines system, SAS, reports a loss before tax of Skr1.3 billion in its financial statements for 2012 in the fiscal year from January to October.

Over priced, IKEA can't find a buyer for its optical company, Synsam

Tuesday, 11 December 2012
Investment company, Alipes, funded by the Inter Ikea and Ikano, begin a sales process for optics optician chain, a deal that could fetch more than Skr4 billion. But  the venture capital firms is failing to find a buyer for the optics optician chain. The reason: the price is too high.

Changes in strategy Ericsson forces Ericsson out of joint venture with Europe's largest semiconductor maker

Monday, 10 December 2012
Ericsson Monday announced that it will continue to work together with STMicroelectronics to find a suitable strategic solution for the two companies Joint Venture ST-Ericsson.

BAE Systems wins £1.2 billion submarine contract from the British government

Monday, 10 December 2012
The UK's Ministry of Defence said on Monday it has awarded a £1.2 billion-pound ($1.92 billion) submarine contract to British defence contractor BAE Systems, reports Reuters.

Norse energy's US subsidiary files for Bankruptcy protection

7 December 2012Norse-energy
Norse Energy Corp. ASA announces that its US subsidiary, Norse Energy Corp.USA, has filed a voluntary petition for Chapter 11 Debtor in Possession (“DIP”) protection and reorganization under the United States Bankruptcy Code.

Gothenburg Port launches website in Chinese

Friday, 07 December 2012
To drive more business between Sweden and China, the Port of Gothenburg is launching a website in Chinese.

H&M to launch global clothes collecting and recycling initiative

Thursday, 06 December 2012
Hennes & Mauritz AB, the Swedish clothing retailer, said on Thursday that customers will be able to hand in their used garments in all 48 markets in selected H&M stores worldwide as of February next year. 

Volvo Looser in its Geerly ownership as the Chinese benefit from Key technology to strengthen its own brand

Wednesday, 05 December 2012Volvocar
Just over two years after the Chinese company, Geely bought Volvo Cars, an expert believe that Volvo has been the biggest looser as the Chinese instead use Volvo technology to strengthen their own brand.

Nokia Launches Smartphone with China Mobile

Wednesday, 05 December 2012
Finnish mobile phone maker Nokia Corp. (NOK) said Wednesday it is launching a new Windows-based Lumia handset in partnership with China's biggest operator, China Mobile Ltd. (0941.HK), aiming to reach out to more consumers in the Chinese smartphone market. Dow Jones News

Nokia Siemens to close German services unit: sources

Wednesday, 05 December 2012
Nokia Siemens Networks' (NSN) German services unit faces closure and 1,000 jobs are at risk as Nokia and Siemens shake up the joint venture, two sources said - Reuters

Swedbank organises operation to take care of its EUR syndicate and appoints head of the portfolio

Tuesday, 04 December 2012
Swedish big bank, said on Tuesday that it has established a euro syndicate function headed by Per-Ake Nyberg under its Debt Capital Markets  unit in order to increase its focus on EUR new issues.

AkzoNobel knock off 54 jobs in Malmö

Tuesday, 04 December 2012
Tough market situation in Europe and the company's drive to adapt to the changing market situation means job cuts.

Volvo Cars Corp. to invest big in Sweden to boost engines and vehicle production

Monday, 03 December 2012
Volvo Cars Corporation has promises to invest $11 billion, equivalent to Skr73 billion in new engines and platforms for new cars by 2015. Nearly half of the investments are to happen in Sweden.

Nokia Siemens Sells Unit to Marlin Equity Partners

Monday, 03 December 2012
Nokia Siemens Networks on Monday said it's selling its optical networks business to Los Angeles-based private investment firm Marlin Equity Partners for an undisclosed sum. News from Dowjones news

Fewer ATM machines in Sweden as uniforms machines become instituted.

Monday, 31 December 2012
Swedish banks' quest for security and improved operating and cost management means that there will be new and fewer ATM machines owned by individual Swedish banks in the coming years but a universal machine that meet all bank customers' need irrespective of their individual banks.

Swedish Stroke patients shipped to Denmark for treatment

Monday, 31 December 2012
People who suffer a stroke during the night may need to be sent to Copenhagen for treatment instead of being treated at Skåne University Hospital.

More Swedish pensioners take their flight abroad seeking for better  and cheaper life

Monday, 31 December 2012
More old people in Sweden are taking their light abroad wither to their countries of birth or to places they feel they can get better and cheaper lifestyle. This comes after it turns out that the richer parts of Europe are waging a war on the old.

45 000 Goteborg voters to poll on congestion charges

Sunday, 30 December 2012
Goteborg is to introduce congestion charges but this is being challenged by some sector of the Goteborg residency as such there has been a call for referendum to test the authority's right to introduce such charges according to the local government act.

The Influence of Norway in the Swedish property market

Sunday, 30 December 2012
With better paying jobs in Norway but a high cost of living there, more Swedes had been committing to the high paying jobs in Norway, especially those living around the border region of Värmland. They did so while continue to live in the low cost Sweden. This has attracted more Norwegians to do the same - move to the cheaper lower cost Sweden while keeping their jobs there. With their loaded pockets, they pay any price for houses in Sweden as such driving up the house prices in Sweden.

Britain is growing more towards the far right as popular support for EU exit increases

Sunday, 30 December 2012
Rise of the far right politics in the UK as more people start support UK's exit from the European Union. Evidence is that the party preaching such ideas, UKIP is winning in the polls. In the UKIP a new BNP or just another confused British political party that lacks that approach to lead.

Iceland to become a new oil country as oil contracts are being dished out

Saturday, 29 December 2012
For the first time ever, the Norwegian government is staring to drill for oil outside Norway. This has pushed them to start drilling in the Icelandic marine base near the Norwegian archipelago of Jan Mayen Island, northeast of Iceland.

Sweden could soon start exporting human ears technology

Saturday, 29 December 2012
Artificial ears may become one of Sweden's leading exports as the Swedish region of Skåne poised to make a next profitable business from it.

How prepared in Sweden's military in case of an attach on Sweden or a neighbour? Expert feels that its poor!

Friday, 28 December 2012
There are fears that Sweden may not be militarily as strong as would have been expected especially in case of an attack on her and countries, which it needs to work with - "allies." An expert has warned that Sweden lacks the ability to, in its defence structure to receive and give  military assistance in case of a military attack against Sweden or any neighbouring country in the Nordic or Balkan union.

Housing problems of just neglect as families are forced to live in hostels in Malmö

Friday, 28 December 2012
One of Sweden's notorious social troubled spot, Rosengård (pictured) in Malmö has come under criticism after social authority there has been accused of neglect when homeless children and their families where crammed in hotels and bed and breakfast rooms.

Source of Swedish economic gloom: weak exports as net trade decreased in November.

Friday, 28 December 2012
Unlike other declining economies such as the UK, and the debt ridden economies of Southern Europe, Sweden still remain  a very competitive economy but its biggest problems is heavy reliance on the European market for its survival given its own small home market base.

Norway to study the driver of far right feelings in Europe and create an intelligent command centre of far right study in the Europe

Thursday, 27 December 2012
As the threat from right wing extremists organisations continue to grow amidst the depressing economic outlook of Europe, after having felt the direct hit from it wants to set a research project to study and monitor the extreme right-wing movements in Europe.

Who are the real Swedish patriots? Who pays the most taxes in Sweden?

Wednesday, 26 December 2012
2012 will go down as one of the years where governments have been struggling to cull back taxes from the rich after it turned out that most of them had advanced methods to avoid taxes.
<== Stefan Persson  pays the most taxes in Sweden, Img/ File

Cows stolen from farmers in a strange king of new crimes

Wednesday, 26 December 2012
An unusual kind of theft has taken place on a Swedish far where 69 cows have been reportedly stolen. Initial investigation points to that the animals already might have been ferried out of the country.

Smoking pregnant mothers don't produce children with criminal minds - new Swedish research show

Wednesday, 26 December 2012Pregnant
Unlike past research, which had suggested that, women who smoke during pregnancy often have children who fall into criminality, a new Swedish study from Karolinska Institutet, (KI), has found the contrary.

Mental health ravages children whose parents have immigrants background than those of Swedish

Wednesday, 26 December 2012
Children of foreign birth parents are at greater risk of ill health, than those who parent where comfortably born in Sweden, a study from a dissertation from Mid Sweden University show.

Many Swedish household without power as extreme weather intensifies

Wednesday, 26 December 2012
Extreme winter weather has battered some parts of Sweden and as at the time of this posting, thousands of Vattenfall's customers are currently without power in several parts of the country.

Britain's Budget deficit worsens, credit rating at risk as the British economic magic continues to fail

Wednesday, 26 December 2012
Britain's budget deficit worsened in November, data showed on Friday, increasing the risk it would lose its top-notch credit rating and overshoot this year's borrowing forecast, reports Reuters.

Samsung sues Ericsson in the U.S. and seeks sales ban on some Ericsson products

Wednesday, 26 December 2012
Samsung Electronics said on Wednesday it had filed a complaint against Ericsson with the U.S. International Trade Commission (ITC), requesting a U.S. import ban and sales ban on some of the Swedish telecoms equipment maker's products. Details from Reuters

Swedish Foreign Ministry criticized for its handling of Somalia Swedes taken over by the Americans

Monday, 24 December 2012

Swedish foreign office has been slammed for the ways it has handled issue related to the two Swedes of Somali extraction indicted in the U.S. on suspicion of terrorist crimes in Somalia.

Sweden battered by rain and strong gusts with stronger storm coming in

Monday, 24 December 2012
The Swedish people will have a better reason to enjoy their Christmas celebration locked indoors, as the weather will make sure that people don't move around.

Sweden's leader of the opposition, Social Democrat's leader, Stefan Löfven blames the astronomical growth of the far rights, Sweden Democrats on the government.

Sunday, 23 December 2012
The Social Democrats leader, blames the Swedish government for the rise and strengthening of the radical far right party, the Sweden Democrats. He said that people sympathise with the far right for fear of their jobs and future not because they are xenophobic.

Fears of the legality of some Swedish research projects as ethical principles might have been broken

Sunday, 23 December 2012
Swedish researchers could have used personal and sensitive data to pursue some research, which is now deemed as could have been illegal.

A Swedish Royal wedding expected in June 2013

Sunday, 23 December 2012
The Swedish Royal house and the Swedish people are expecting the Princess Madeleine and Chris O'Neill to get married by June 8, 2013 at the Royal Chapel in Stockholm.

More woes for the Swedish economy as finance minister, Anders Borg lowers growth forecast

Friday, 21 December 2012Anders-borg
The Swedish government is cutting its growth forecast for 2013 significantly, from 2.7 to 1.1 percent. Finance Minister Anders Borg has thus more than halved the Swedish GDP forecast for next year from 2.7 percent to 1.1 percent.

Norway's Statoil to invest  big in the North Sea oil field, bringing hundreds of jobs to the north east of Scotland - BBC

Friday, 21 December 2012
The Norwegian company said the investment in the Mariner field was the largest new offshore development in the UK in more than a decade - BBC

UK borrowing grew just as economic growth revised lower than expected

Friday, 21 December 2012
The bad news about the UK economy continued  as the UK borrowing went up last month tying to the view that the slower than expected economic growth of  0.9 percent instead of the 1 percent that had been popularly celebrated eroded rather than build the deteriorating public finances.
  • The UK economy grew 0.9 percent in the third quarter, says its Office for National Statistics (ONS), less than the 1 percent that was previously estimated, reports the BBC

Swedish energy giant Vattenfall sues German government for billion over nuclear power policy

Friday, 21 December 2012
Swedish energy giant Vattenfall sues German government for billion over the German's nuclear power policy which means that Vattenfall had to close some of its reactors.

Finland could be interested in buying the Swedish fighter jet Gripen

Thursday, 20 December 2012Saab-gripen
Finland should consider purchasing the Swedish made JAS Gripen fighter jets when the current ones are to be replaced, considered the Speaker Eero Heinäluoma.

Norway's Jens Stoltenberg has spent over Nkr600 billion of the oil money

Thursday, 20 December 2012
The Norwegian Prime Minister, Jens Stoltenberg has access to a pool of Norwegian money to spend. The question being asked is how much he has spent and whether he has spent the money effectively.

Norwegian wealth fund, the Oil Fund acquires logistics property close to Nkr9 billion

Thursday, 20 December 2012Norwegian-kroner
The Norwegian wealth fund, popularly known as the oil fund has bought half of a portfolio of logistics properties for about Nkr8.9 billion, reports the fund in a press release.

Sweden Producer Price Index remain unchanged month on month

Thursday, 20 December 2012
Sweden's producer prices in total were unchanged from October to November. During the same period prices on the export market increased by 0.2 percent and on the import market by 0.4 percent. On the domestic market prices decreased by 0.2 percent.

Sweden to face years that are more difficult before economy start improving

Wednesday, 19 December 2012the economic debate
Sweden's National Institute of Economic Research (NIER) today said that it expects Sweden's central bank to cut its main interest rate further next year to help the economy overcome slowing growth stemming from falling demand for its exports.

Norwegian energy giant, Statoil makes large purchase in the U.S.

Wednesday, 19 December 2012
Norwegian oil and gas giant, Statoil said Wednesday it had made a purchased 280,000 square kilometers or 70,000 acres of shale gas acreage in the U.S. Marcellus area for Nkr3.3 billion ($590 million).

Youth Violence in Gothenburg School caused by Instagram photo sharing

Wednesday, 19 December 2012
27 People arrested yesterday as violence seep a school in Gothenburg when a picture was posted in photo sharing network instagram.

Sweden's central bank lowers key interest rates amidst fears of Swedish household debt rise

Tuesday, 18 December 2012
Swedish central bank, the Riksbank's Governor Stefan Ingves cut its repo rate by 0.25 percentage point to 1 percent, in an unexpected announcement that has taken all the pundits aback.

Volvocar Corporation warns of more job cuts to come despite its recent ambitious growth plan

Tuesday, 18 December 2012
Volvocar Corporation is not feeling good about the current situation its operations are going at this moment and through its new CEO Hakan Samuelsson, it now saying that it expects to have further reduced the size of the organization.

OECD Calls for Sweden to raise property taxes and to integrate the job market more if it wants to strengthen its economy more

Monday, 17 December 2012
The Economic Cooperation Organization, OECD expects Sweden's GDP growth to fall to 1.2 percent this year, down from 3.9 percent in 2011. It recommends that Sweden should higher property taxes among other as one of the tools to drive the economy forward.

Dealers in the Swedish retail sector feeling depressed about the future

Monday, 17 December 2012Swedish retail
Traders in the Swedish retail sector have seen their confidence plummeted and confidence in both sales and employment have fallen. A new survey from the Swedish Trade Federation  has exhibited this phenomenon.

Children under ten can get debit cards as Swedish banks get desperate or...?

Monday, 17 December 2012
Swedish banks are considering the possibilities of lowering the age limits for people who can have debit card, as such the banks are considering lowering the age down to 10years.

Sweden Democrats back off a bit - another poll show

Monday, 17 December 2012
It is not very clear how the Swedish voting public would feel if the far right party, Sweden Democrats actually continues to grow the way it is now but the headlines on front pages of national newspapers can tell that there is some amount of anxiety.

Swedish governing party, The Centre party calls for open immigration, minister reject the approach

Sunday, 16 December 2012
The Swedish governing party and one of the Alliance coalitions has called on the Swedish government to open its borders for more immigrants to come in. But the migration minister, Tobias Billström has rejected such approach insisting that Sweden will continue to have controlled immigration policy.

Swedish people see increased taxes in 2013 and it will hit nearly half of the population

Friday, 14 December 2012Skr
Almost half of the Swedish people, 44 percent of the population will pay higher taxes next year. The main reason is that eight county councils are raising county council taxes. Total local taxes, on average 31.73 percent, will increase in 140 municipalities in 2013.

Disappointing reports on Norway's Crude Oil Output

Friday, 14 December 2012
Norway has missed its oil production  target for a third consecutive month and won't achieve its 2012 goal for output because of maintenance and technical problems, mostly involving fields operated by BP Plc(BP) and Statoil ASA (STO). Details on ADVFN

Falling prices for newly constructed houses in Sweden

Friday, 14 December 2012
Prices for newly produced dwellings, i.e. the prices paid by investors in Sweden, were lower in 2011 compared to 2010, new report from Statistic Sweden suggests.

Sweden unveils 119 billionaires in a country of 9 million

Thursday, 13 December 2012
Sweden has 119 billionaires in 2012, 11 more than last year, according to the last headcount carried out by Swedish weekly business news magazine, Veckans Affärer

Sweden's Prime Minister Outlines Concerns Over EU Bank Supervisor

Thursday, 13 December 2012
Sweden's prime minister Thursday reiterated his concerns over the European Union's singlebank  supervisor and said Sweden won't be signing up to it until those concerns have been addressed - Dow Jones News

Swedish consumer prices continue to fall as inflation rate hits -0.1 percent

Thursday, 13 December 2012Swedish-Krona
Swedish consumer prices fell by 0.2 percent in November from the previous month, new official data from Statistics Sweden (SCB) show. Compared to the corresponding month of 2011 the CPI declined by 0.1 percent.

Sweden unemployment increased as rate edge to 7.5 percent as November continues to stress the Swedish job market

Thursday, 13 December 2012sweden-unemployment
The Swedish unemployment rate increased in November signally the struggling position the country's economy is maintaining. Nearly 10,000 people were given notices in November, the second month in a row.

Massive fall in the support of the Euro in Sweden

Wednesday, 12 December 2012
The wobbly feeling of the euro - the European single currency in Sweden continues and this time the support for it has fallen far low.

Iceland keep rates the same

Wednesday, 12 December 2012
Iceland's Central Bank has decided on Wednesday to leave its interest rates unchanged 6.00 percent.

Swedish Parliament gives the go-ahead for the government to buy new JAS Gripen

Tuesday, 11 December 2012

The Swedish air force will soon be equipped with latest fighter jets from the SAAB jet production line as the parliament on Tuesday gave the government the green light to order between 40 and 60 JAS Gripen fighters of the new E version.

Swedish children continue to perform poorly in reading and math - new testing show

Tuesday, 11 December 2012
Swedish children in the 4th grade have been classed as poor within the EU when it comes to literacy and among eighth graders, the results in mathematics has become worse.

Scandinavian countries leader Europe with the most expensive food

Tuesday, 11 December 2012Food
Scandinavian is know as some of the most expensive places to live but it has been argue that food price here have been some what stable. But a recent study with data input from Eurostat show that the region is a very expensive place to eat as food in Norway, Denmark and Sweden are the costliest.

Giant British bank, HSBC 'to pay $1.9bn' in US money laundering settlement

Tuesday, 11 December 2012
HSBC is to pay US authorities $1.9bn (£1.2bn) in a settlement over money-laundering, say reports, the largest ever in such a case - BBC

HSBC Reaches Pact with US Authorities, to Pay $1.92 Billion Dow Jones News

Naked Chinese man arrested outside Nobel banquette in Sweden

Monday, 10 December 2012
A Chinese artist streaked necked outside the Concert Hall in protest against Mo Yan who was being awarded the Nobel Prize in Literature.

Conservatives are turning the tables on the Opining polls in Sweden as the Social Democrats fall to the Conservatives in likability.

Monday, 10 December 2012
The Swedish political scene is gradually getting interesting as the opposition, Social Democrats party starts reversing in one opinion poll in favour of the governing conservatives Moderates. A consolation though for the Social Democrats is that they perform better on another poll. Image above is the Alliance coalition.

Growth in Norwegian consumer prices

Monday, 10 December 2012
Norway's consumer prices rose 0.1 percent in November from the month before. Compared with the same month last year, prices rose 1.1 percent, according to statistics from the Norwegian Statistic office, Sentralbyrå, SSB.

UK recruitment survey show fastest growth rates in 19 months

Monday, 10 December 2012
British firms hired permanent staff through recruitment agencies at the fastest rate since April 2011 last month, and the number of unfilled posts rose strongly too, a survey showed on Monday, reports Reuters

Who are typical supporters of the Swedish far right party - Sweden Democrats?

Sunday, 09 December 2012
The Swedish far right party, Sweden Democrats (SD) has been on top of the news recently for two main issues. One, that the party is gaining popularity from voters and the second, is that party top brasses have been involved in open violence. But the question has been asked as who are the real supporters of this xenophobic party. A new study seems to have given a better clue as the type of people who make a typical far right party supporter.

Swedish Engineering sector fears strong economic downturn to the like of after Lehman brothers

Friday, 07 December 2012
Swedish Employer Organization of the industrial and manufacture sector,  Teknikföretagen warns of a sharp economic downturn in the Swedish industrial in the fourth quarter.

Sweden a very hard country for children with in non-white background as child poverty within that group expand

Thursday, 06 December 2012
At least children with a foreign background in Sweden and particularly children with non-Caucasian background live in poverty, according to Save the Children's annual report. The toughest is found in children of foreign origin as well as those with single parent.

Continued traffic problem after snowstorm in Sweden

Thursday, 06 December 2012
Thursday come with another hang over in transport traffic in Sweden as yesterdays storm effects still play for the country. 38 rail departures and arrivals were  cancellation in rail traffic as well as some disruption in air and road  to start with early Thursday according to the country's transport administration.

Finnish minister would want Finland to open more to foreigners

Thursday, 06 December 2012Finland
Finnish Interior Minister Päivi Räsänen says Finland needs more people to fill the gap in the labour market. As such the Minister would be prepared to abandon restrictions on non-EU citizens working in Finland. Details here from Yle

Billion invested in job market coaching did not lead to more Swedish jobs

Thursday, 06 December 2012
The Swedish government invested millions into the job market training and coaching so that job seekers could quickly get into work. This was seen as a good idea but that has not resulted either job creation or reduced unemployment.

Norway 2013 Oil Investments Adjusted Up to NOK207.8 Billion

Thursday, 06 December 2012
Norway adjusted its expected investments in the oil and gas sector in 2013 upward, official data from the country's fourth-quarter survey, released on Thursday show.- DowJones

Sweden Democrat's growth in Sweden blamed on Social Democrats.

Wednesday, 05 December 2012sweden democrats
As support for the Swedish far right party, Sweden Democrats (SD) continues to grow despite various scandals rocking the party, a new data analysis show that the party has gained more from the Social democrats though the socialist party is also the biggest party in the land.

Finnish economy back in recession but AAA credit rating still in tact

Wednesday, 05 December 2012
Finnish Gross domestic product contracted by 0.1 per cent from the previous quarter and by 1.2 per cent year-on-year meaning that the economy slipped into recession in the third quarter, according to latest official data from Statistic Finland but it keeps its treasured AAA credit rating

Corruption perception index - what has changed in the Scandinavia?

Wednesday, 05 December 2012
Finland  and Denmark are the least corrupt countries in the Scandinavia and added to the world, New Zealand joins them on the helm.
This comes from pressure group, Transparency International's 2012 Corruption Perceptions index in which Sweden came 4th.

Finland summons Israeli ambassador

Wednesday, 05 December 2012
The Finnish Foreign Ministry has summoned the Israeli ambassador, Dan Ashbel, (pictured) to express concern over Israel's plans to expand its settlements in the West Bank and East Jerusalem.

Hells Angels have committed 2800 crimes in Sweden

Wednesday, 05 December 2012
The criminal motorcycle gang, Hells Angels have committed 2800 crimes in Sweden as the authorities continue to leave this organisation to roan free and intimidate people.

Anders Borg, Swedish Finance minister sees a possible compromise on the EU banking union

Tuesday, 04 December 2012anders-borg
Swedish finance minister, Anders Borg is more optimistic about the chances of reaching a deal on the controversial banking union in the EU at today's Finance Ministers.

Swedish Central Bank Faces Hard Balancing Act on Policy - Governor

Tuesday, 04 December 2012
Swedish central bank  policy makers face a tricky balancing act setting interest rates for the Nordic state amid slowing growth and high levels of household debt, the bank's  governor said Tuesday - DowJones News.
Img /Riksbank governor Stefan Ingves

Sweden is very close to recession: Nordea

Tuesday, 04 December 2012
Nordea is in a depressed mode when it loos at the Swedish economy. The Nordic countries biggest bank believe that it will take until mid -2013 before the Swedish economy recovery  gain traction and growth gradually begin to return.

Quality of life survey, Result show that Scandinavian cities are classed pretty low

Tuesday, 04 December 2012
The Austrian capital, Vienna has come on as the best city to live in the world when it comes to best quality of living, according to the Mercer 2012 Quality of Living Survey.
<== Copenhagen, Denmark

True or Myth: Sweden is a very successful exporting country!

Tuesday, 04 December 2012
The perception that Sweden is a successful exporter is well documented. However behind the glamour is a myth. So unlike the perception that Sweden is a successful exporter and the argument among many economists and politicians, Sweden is far from one of the world's most successful exporting countries.

Norwegian Krona strengthen to a record level

Tuesday, 04 December 2012
Norwegian currency, the krone has strengthened to a new high level ever and now Goldman Sachs is making a recommendation for its customers to hoard the dollars.

Swedish women have made 100,000 calls on violence against them

Tuesday, 04 December 2012
Violence against women in Sweden has been increasing in the years. In the past 5 years, about 100,000 calls have been made to the national support line, Kvinnorfridslinjen created by the government some 5 years ago to monitor the safety of women.

Sweden accepts price cut in order to keep the Gripen with Czech Republic.

Monday, 03 December 2012
Sweden has agreed to lower its lease price with the Czech Republic so that the Swedish gripen fighter jets which the country is currently using on lease to see an extension of the contract.

Move for Swedish pupils to learn Chinese

Monday, 03 December 2012
The Swedish government has now taken the first step towards introducing Chinese - or Mandarin - as a modern language in Swedish schools. All students should be able to choose if they want to take the language as a subject or not.

Charged and to be prosecuted for attempts to smuggle banned equipments to Iran

Monday, 03 December 2012
In a very rare case, a person is to be prosecuted in Sweden for attempting to smuggle advanced technological equipment to Iran. The equipment is said to be advanced materials that could be used for uranium enrichment and this is violation of international sanctions.

How competitive is the Swedish market for small retail discount chain? Hard as after 10 years they are still to make money in the market

Monday, 03 December 2012
The so - called low priced or discount super markets have tested and what they have found is that Sweden is a tough place to do grocery retail business - especially if you come from aboard.

Swedish real estate brokers gradually dissipate as many leave their profession

Monday, 03 December 2012
As the Swedish housing sector continues to struggle in terms of sales and development. many real estate brokers are leaving the sector more than ever.

Sweden's PMI rises slightly breaking the decline for the past months

Monday, 03 December 2012
Swedish Purchasing Managers Index, (PMI) which reflects economic activity in the industrial sector, was up in November to 43.2, compared with 43.1 months before. But it is still below the growth barrier of 50 points.
Sunday, 02 December 2012