The Local Sweden

Nordea rebuts 'nervous' Krugman's debt fears

Fri, 31 Jan 2014 17:17:00 +0100

Swedish bank Nordea on Friday published a report that slammed any claims the country faced a debt crisis, a key point made by American economist Paul Krugman on a recent visit.

'United States losing its global influence': Borg

Mon, 23 Apr 2012 09:59:00 +0200

Sweden's finance minister Anders Borg warned at the weekend that the United States was losing its influence on the global economic stage.

Why Sweden should stay out of the EU budget pact

Tue, 13 Dec 2011 12:08:00 +0100

European leaders have failed to help solve the current debt crisis, and Sweden shouldn't think of signing on to a plan that amounts to an attempt to remake Europe into a super-bureaucratized dream, argues Swedish liberal commentator Johan Norberg.

Swedish home loans in rapid rise

Sun, 20 Nov 2011 11:05:00 +0100

Seemingly undeterred by the debt crisis, Swedish households are taking out more new loans than any other Europeans, according to a comparison of mortgages made by national TV station SVT.

Sweden to save millions in new EU budget

Sat, 19 Nov 2011 11:15:00 +0100

Sweden welcomed the new EU budget agreement reached on Saturday, which will lower Sweden's EU fee by 300 million kronor ($45 million) compared to the government's original estimates.

Ministers tout 'Swedish model' to solve European debt crisis

Wed, 12 Oct 2011 19:13:00 +0200

A European solution to the debt crisis should follow Sweden's model of in the early 1990s, Finance Minister Anders Borg and Foreign Minister Carl Bildt wrote Wednesday in the Financial Times.

Reinfeldt: intensify 'peer pressure' to boost EU growth

Fri, 07 Oct 2011 10:17:00 +0200

Three European leaders Thursday called for an ambitious growth agenda to get the continent back on track, including tight fiscal discipline by member states as the euro debt crisis deepens.

Sweden to bolster banks against European debt crisis

Tue, 16 Aug 2011 18:15:00 +0200

Swedish Finance Minister Anders Borg said Tuesday the Scandinavian country was putting in place measures to protect its finance and banking sectors from being sucked into the European debt crisis.

Bildt: sex assault scandal shouldn't damage IMF

Wed, 18 May 2011 17:46:00 +0200

Swedish foreign minister Carl Bildt said on Wednesday that he he does not expect the sex assault allegations against IMF head Dominique Strauss-Kahn to damage the global funding body.

Swedish consumers optimistic about future

Wed, 23 Jun 2010 14:12:00 +0200

Swedish consumers are increasingly confident of the prospects for the country’s economy, according to a new report, but growth could be hit by austerity measures in Europe.

Swedes confident despite debt crisis

Mon, 31 May 2010 13:12:00 +0200

Swedish businesses and consumers remain confident about the prospects for the economy, despite the debt crisis in the eurozone, according to a new report.