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Political Economy - News Headlines



Increased consumer spending pushed Swedish GDP to a better than expected 0.7 percent growth in the third quarter of 2012

Thursday, 29 November 2012
Sweden's GDP grew by 0.7 percent in the third quarter compared to the same quarter of the 2001. Compared with the previous quarter, GDP rose by 0.5 percent.

Finnish economy shrinks

Wednesday, 05 September 2012
Finland's gross domestic product fell 1.1 percent in the second quarter compared with the previous quarter, and decreased by 0.1 percent compared to the same quarter of the 2011

Swedish government proposes billion investment in new youth employment package

Tuesday, 04 September 2012
As the Swedish youth unemployment looks like an epidemic to hit the Swedish government, the governing Alliance coalition is proposing funding for 18,000 new training places worth Skr8.1 billion in a new youth initiative  that will stretch to the next four years.

Peter Norman criticized for coming late on TeliaSonera scandal

Thursday, 10 January 2013
Mr Minister, where have you been since it became known that TeliaSonera was involved in a scandal of bribery and corruption in Uzbekistan?  These are question being thrown at Swedish Minister for Financial Markets, Peter Norman in a way of criticism from other Swedish politicians for his inaction on Telia when the scandal broke.

Weak Finnish GDP
Wednesday, 09 January 2013
Finland's GDP fell by 0.7 per cent in October 2012 compared with the same month the year before, according to the GDP indicator from Finland's statistical authority.

Swedish economy is really hurting as fears of continued job looses drag on

Tuesday, 08 January 2013
The Swedish economy continues to hurt and especially the job market is seeing more pain. The Swedish job market has been complex for many years and this complexity is being strengthen today by a "tiger economy" that lost its running strides.

Far right party, Sweden Democrat membership increases sharply in 2012

Monday, 07 January 2013
It is now clear that the Swedish far right party, the Sweden Democrats is recruiting more members than would have been thought. Therefore, it is not just the view of the opinion polls that has shown increased support for the Sweden Democrats but also the registers, which show increase members per head.

Dilemma in the Swedish political scene as the Premier, Reinfeldt continues to remain strong despite his party weakening while the Social Democrats leader power remains a nightmare

Sunday, 06 January 2013
The challenge for the Swedish opposition party, the Social Democrat is how they can weaken the current incumbent Premier, Fredrik Reinfeldt, though not much is being done for their own leader, Stefan Löfven to improve his standing with the Swedish voters.

Radical far right political violence is rapidly growing in Finland

Wednesday, 02 January 2013
Radical and violent extreme rightwing politics is growing in Finland and the cooperation between the Finnish and Swedish extreme rightwing organisations are getting more cordial.

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.

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.

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

Friday, 21 December 2012
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 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.

Finland could be interested in buying the Swedish fighter jet Gripen

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

Swedish government budget come under sharp criticism

Wednesday, 19 December 2012
The government's draft budget for next year is far too fuzzy at the edges, according to media reports.

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

Wednesday, 19 December 2012
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.

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

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.

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.

Sweden openly walking into a xenophobic state as the far rights continues to gain grounds

Sunday, 16 December 2012
With almost all the other political parties, either in a coalition that supports or created the current status-quo, or in government, the only outsider in the Swedish political setup is the far right party, Sweden Democrats. Once hated, it is gradually being loved and by the time of the  next election, Sweden could be one of the few xenophobic nations in Europe.

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

Friday, 14 December 2012
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.

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.

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.

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.

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.

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

Wednesday, 05 December 2012
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

Finland summons Israeli ambassador

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

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.

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.

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

Tuesday, 04 December 2012
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.

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.

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

Monday, 03 December 2012
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.

Scandals and dismissals just act as positive PR for the Swedish far right party, Sweden Democrats as it persistently enjoys growing support among Swedish voters.

Sunday, 02 December 2012
The Swedish far right party, Sweden Democrats, strengthen its ground on the Swedish political scene as the Swedish voters gave the party thumbs-up in the latest opinion poll conducted in November as well as the poll of polls.

Swedish government not yet ready for EU banking union- Finance Minister

Friday, 30 November 2012
The Swedish government will vote against any decision favouring the EU banking union at the Ecofin meeting next week.

Scandal in the Swedish far right party, Sweden Democrats means increase popularity

Thursday, 29 November 2012
The Swedish far right party, Sweden Democrats is currently associated with violence and xenophobia scandals. But those scandals seems to have propelled the part's popularity.

OECD warns of Sweden house price fall but a slightly positive outlook

Tuesday, 27 November 2012
The Sweden economy lost momentum this year, reflecting the uncertain external environment and weakening household confidence as unemployment increased and house prices fell OECD say.

Swedish Social Democrats leader, Stefan Löfven wants to encourage private employment agencies to compliment the national employment service.

Monday, 26 November 2012
The leader of the Swedish opposition party, Social Democrats, Stefan Löfven would love to see that the Swedish employment services gain more complimentary support from private sector so as to improve its efficiency and that of the labour market.

Swedish far right party, Sweden Democrats continue to appear appealing to the Swedish voters despite recent scandal

Friday, 23 November 2012
The Swedish far right party, Sweden Democrat still look appealing to the Swedish voters as its public support does not seem to have been affected by the recent scandals, if the polling result from polling organisation, Skop's latest poll is to be believed.

British PM, David Cameron fails to cut EU bureaucracy but build "cut" coalition with Sweden, Holland and France

Friday, 23 November 2012
Overall EU spending proposed by Herman Van Rompuy remains €50billion higher than the initial British demand as David Cameron, as the  EU leaders wrapped the first day of summit talks with little sign a deal was emerging that would satisfy the U.K. and a large, diverse pack of other member clamouring for a cut in spending.

More popular than his party and his opposition rival Stefan Löfven

Friday, 23 November 2012
Swedish Prime Minister, Fredrik Reinfeldt (Moderate) is pulling away from his challenger, Social democrats leader, Stefan Löfven when it comes to confidence of who could best lead the country.

Swedish PM Seeks Lower Expenses, for an EU Budget that is modern and meet needs

Thursday, 22 November 2012
Swedish premier would be interested in seeing a reduced EU spreading at this time of curtailed spending in member countries of the region. To attain that there is the need to design a more modern budget that focused more on areas of future core interest.

Could the leader of the Social democrats, Stefan Löfven be involved in corruption?

Wednesday, 21 November 2012
The leader of the Social Democratic party, Stefan Löfven has been accused of being involved in an alleged corruption tangle surrounding the sale of fighter jets to South Africa, Swedish media reports are saying.

Investments in Swedish industry expected to increase in the coming years

Wednesday, 21 November 2012
Swedish industry plans to invest SEK 57.5 billion in current prices in 2012. This indicates an increase of investment volume by 9 percent compared to 2011, official data from statistic Sweden show.

Swedish Finance Minister delays economic and budget forecast as uncertainty cloud his thoughts

Tuesday, 20 November 2012
Anders Borg defends his stance not to clarify the Government's approach to jobs and growth for next year. The bottom line is that global the economic situation has gotten "darker" and this will force the minister to review the states budget stance going forward.

"The Swedish economy is driven by debt bubble" - Dutch Scholar warns

Monday, 19 November 2012
Sweden has a housing bubble and the Swedish growth based increasingly on unsustainable debt. This is the claim of a Dutch scholar, Dirk Bezemer, an economist at the University of Groningen, in Holland who is working in cooperation with Swedish television, They have been examining the Swedish economic developed since the 1990s.

Trouble for the Swedish far right party as its confidence fall

Sunday, 18 November 2012
Swedish voter's confidence in the far right party, Sweden Democrats has slumped after scandal revelations earlier this week.

Sweden Democrats show how violent they are with tops party officials arming themselves with iron bars and threatening people

Thursday, 15 November 2012
New revelations about the leadership of the Swedish far right party, Sweden Democrats (SD) show how violent the party's position is within the Swedish political platform.

Erik Almqvist fired from the Swedish parliament after racist utterances

Wednesday, 14 November 2012
The Swedish far right party, Sweden Democrats has reacted by dismissing one of its top officials after reviewing a film which showed him using extreme hateful comments.

Sweden Democrats leadership member makes racist comments - held crisis meeting

Wednesday, 14 November 2012
Far right party Sweden Democrats are in the news again. This time for what they are best known for - racist attacks and racial related utterances aimed at making some people feel uncomfortable.

Sweden more indebted than Italy: Former PM, Persson

Tuesday, 13 November 2012
Former Swedish Prime Minister, Göran Persson says that Sweden is more indebted than the crisis - hit country of Italy. As such he posit that a Swedish loan bubble is threatening to explode.

Swedish Premier Fredrik Reinfeldt continues to poll better among voters than his challenger, Löfven

Monday, 12 November 2012
Confidence in the Swedish Prime Minister, Fredrik Reinfeldt (Moderate) in increasing among voters, even though the economy is at this moment in a mess.

Denmark to scrap fat tax as it create more problems than solutions intended

Saturday, 10 November 2012
Denmark's tax imposed on fatty food and sugar intended to improve public health, will be abolished.
The back tract came as the fats tax has lead to lots of headaches to the government than the intended result of curing the country's growing health time bomb in the waiting.

Scandinavia countries lead global ranking the best and rich countries to live - a new ranking show

Saturday, 10 November 2012
According to a new classification of prosperity of nation in terms of financial wealth and other aspects that make up prosperity, the Scandinavian countries have score high in the list.

Spectacular fall in Swedish industrial production as experts call for reduction in key rates

Friday, 09 November 2012
Swedish Industrial production decreased by 4.1 percent in September compared to August in seasonally adjusted figures. Comparing September with the same month in 2011, industrial production decreased by 5.0 percent in working day adjusted figures.

Far right party, Sweden Democrats continues to rise in the polls

Friday, 09 November 2012
Far right party, Sweden Democrats continues to perform well in the polls and support for the party is increasing.

Swedish financial system is strong but the weak Europe still leave the system vulnerable

Thursday, 08 November 2012
The situation on the financial markets has improved since last year, but a persistent European sovereign-debt saga still present itself as one of the biggest destabilising risk to Sweden's financial system, the country's Financial Supervisory Authority (FI) said Thursday.

Norwegian Oil Fund, becomes the world's largest

Tuesday, 06 November 2012
Norway wealth funs of its oil fund have passed that of Abu Dhabi, and is now the world's largest state-owned investment fund.

Swedish Finance Minister, Anders Borg, would hope for an Obama win

Tuesday, 06 November 2012
Swedish Finance Minister, Anders Borg, hopes for a Barack Obama win in the US general election on Tuesday.

Support for far right politics in Sweden just continues to be strong

Friday, 26 October 2012
Swedish far right party, Sweden Democrats are the third largest political force in Sweden today according to recent opinion poll. Party leader, Jimmie Åkesson, has seen in the past months a growing leap in confidence.

Sweden cancels economic aid to Uganda after fraud is uncovered

Thursday, 25 October 2012
Sweden will stop all economic aid to Uganda as evidence emerge that money donated to the country for economic development goes into private pockets.

Swedish education Minister, says children of undocumented allowed to go to school

Wednesday, 24 October 2012
A new Swedish government policy will make it possible for children who live in the country without residence permits to be allowed to attend school from 1 July 2013.

Denmark to pass a job stimulus on Wednesday to stem unprecedented unemployment growth

Wednesday, 24 October 2012
A new jobs crisis package is on the way in Denmark as the Danish economy persistently remains at a very low performance level, not creating jobs as before. Thus unemployment seems to be a new threat and the government is seeking moves to redress it.

Swedish opposition leader, Löfven, called to step up, as honeymoon with voters seem over

Tuesday, 16 October 2012
The leader of the Swedish Social Democrats party, the biggest party in the country right now has been called to step up and show more what he is capable of. Stefan Löfven's honeymoon is hopelessly out as voters expect more of him than just being peaceful and quiet.

How Denmark leads in real modern evolution in gender politics the Danish government is now controlled by women

Monday, 15 October 2012
Denmark is a beacon of a glaring example of how gender gap in public institutions and how women take responsibility of the community and their personal life is evolving. Today most of the leading political parties running the country's affairs is made up of women, something seen only in Norway where women are present in top corporate boardrooms.

Israel attack Swedish Foreign Minister, Carl Bildt in relations to his Iran stance

Monday, 15 October 2012
As the heat on the hard action on Iran is hitting the USA on the eve of its presidential election, Sweden has fallen on the Israeli critical radar for its calls for the relaxation of sanction in Iran.

Swedish politics shifting towards the far right, as the Sweden Democrats make huge gained in opinion polls

Sunday, 14 October 2012
Swedish political scene is now gradually shifting towards the far rights as the far right party, Sweden Democrats makes more gains in opinion polls.

Swedish parliamentarian and bureaucrats up their salaries as the economy struggles

Thursday, 11 October 2012
Swedish parliamentarians have voted to increase their pay while the rest of the country's workers worry weather they'll be able to keep heir own jobs in the coming months.

The IMF warns of deepening global economic slowdown but praises Swedish crisis management

Tuesday, 09 October 2012
International Monetary Fund (IMF) has cut its forecast for global economic growth to 3.3 percent in 2012 and 3.6 percent in 2013, saying that global economic slowdown is worsening.

Norway will used its oil fund to boost economic stimulation - raises it GDP forecast Monday,

08 October 2012
Norway has good money saved from the sale of its oil in the past thrusted in the famous oil fund. Now the Norwegian government want to use some of it to stimulate the economy with and push growth.

Swedish Prime Minister show that an incumbent really finds it hard to debate the issues with opposition

Monday, 08 October 2012
As the Swedish political party leaders descended on the TV last night to debate on the issues affecting policies and the direction of the country, it became clear that debating on own policies is very hard.

The clash on jobs, healthcare, and immigration as Swedish political leader descended on TV for open debate

Monday, 08 October 2012
Swedish political leaders descended on the TV last night to draw contrast on each other's program and plan for the future of the country. Hot topics on discussion were immigration, unemployment, and private profiteering in the welfare system.