- Sweden edition
- Change edition:
- France |
- Germany |
- Norway |
- Switzerland
February 12, 2012
Sweden 'well-equipped for downturn': Riksbank
Published: 24 Sep 08 16:17 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/14544/20080924/
Swedish central bank chief Stefan Ingves has said the country is financially strong and well prepared for the challenges posed by a global economic downturn.
- Sweden can back eurozone pact: Riksdag (27 Jan 12)
- Social Democrats drop eurozone pact opposition (26 Jan 12)
- Bildt: euro stability lessened crisis impact (13 Jan 12)
“What is happening now has not come as a bolt from the blue. The financial turbulence has now been under way for more than a year. We have constantly monitored developments and made the assessment that financial stability has been satisfactory.
"This is also the assessment we make today. If it should prove necessary, we are prepared to take further measures,” he said.
But not all observers shared Ingves's positive analysis. Jörgen Appelgren, chief economist at Nordea bank, felt the Riksbank was not putting all its cards on the table.
"Maybe they are more aware of how shaky things have been at times than they want to reveal officially," he told news agency TT.
George Ulvelius, investment manager at the Legal, Financial and Administrative Services Agency (Kammarkollegiet), said the Swedish market for mortgage bonds, which are used by lending institutions to finance mortgages, had ceased to function.
"The market has more or less stopped," he told TT.
Ulvelius added that the global financial situation had given rise to a number of rumours.
"There's a lot of psychology. There are a lot of rumours about Swedbank. But that doesn't necessarily mean there's any substance to them," he said.
Fark It!
Digg This
Share everywhere
Send to a friend
Printable version
Twitter This
Saab shares dive despite strong 2011 report
Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ (2 COMMENTS) »
Mats Sundin in massive kid's health research gift
Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (4 COMMENTS) »
H&M under fire over Cambodia mass faintings
H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »
SAS earnings hit by Spanair bankruptcy
The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »
Saab to cut Swiss Gripen fighter price: report
Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (5 COMMENTS) »
Few Swedes ready to work until they're 75: poll
An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »
Several bids for Saab: administrator
Several companies are interested in buying Saab, confirmed the bankrupt Swedish carmaker's administrators on Tuesday, while currently unwilling to disclose the identities of the bidders. READ (2 COMMENTS) »
US ISPs block hacker probes: Swedish police
The Swedish National Police Board has called for new international laws to catch hackers on the internet, after US internet service providers refused to divulge information on the weekend's attack on government websites. READ (5 COMMENTS) »
Fire brigade slammed for 'renting out' rooms
Emergency services in Gothenburg have come under fire recently after it came to light that a fire station had been renting out rooms to visiting colleagues. READ (2 COMMENTS) »
Kinnevik in bid to buy up publisher Metro
Swedish investment firm Kinnevik has made an offer to buy up Metro International, a global publisher of free newspapers. READ (2 COMMENTS) »
- 03/02 Volvo group announces record sales for 2011 »
- 03/02 TeliaSonera reports profit drop for 2011 »
- 02/02 Electrolux profits plunge amid weak demand »
- 02/02 AstraZeneca job cuts hit Södertälje hard (7 comments) »
- 02/02 Europe's banks set for years of 'shrinkage': Borg (2 comments) »
- 01/02 'Underclass-safari' post lands official in trouble (1 comment) »
- 01/02 Supreme Court denies Pirate Bay right to appeal (10 comments) »
- 31/01 ABB irked by link to Norwegian killer (2 comments) »
- 31/01 Sweden gets a seat at the eurozone table (8 comments) »
- 30/01 Five buyers 'seriously interested' in Saab (8 comments) »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
| 12/02 | Head of Risk Management SJR AB |
Lund |
| 12/02 | Database Administrator (Oracle), Skanska IT Nordic Kornboden Resurs AB |
STHM |
| 11/02 | Executive Assistant Vattenfall |
STHM |
| 11/02 | Press Secretary Vattenfall |
STHM |
| 11/02 | Security Software Developer Clavister |
Örnsköldsvik |
| 11/02 | Area Product Manager Denmark Anton Paar Nordic AB |
Köpenhamn/Odense |
| 11/02 | Test Engineer Clavister |
Örnsköldsvik |
| 10/02 | YOUNG TALENT PROGRAM - DEVELOPMENT ENGINEER Tetra Pak |
Lund |
| 10/02 | Vill du arbeta som helpdesk tekniker i en internationell miljö? Poolia AB |
Stockholm |
| 10/02 | YOUNG TALENT PROGRAM - AUTOMATION ENGINEER Tetra Pak |
Lund |
- 10/02 Berlin defies EU over copyright deal »
- 10/02 Germans don't trust Greece to tighten belt »
- 09/02 Tourists flock to Germany in 2011 »
- 09/02 Daimler books record €6-billion profit »
- 08/02 Exports top €1 trillion despite euro crisis »
- 08/02 GM threatens major job cuts at Opel »
- 07/02 Court caps Jewish ghetto pension claims »
- 06/02 Industrial orders rise amid eurozone gloom »
- 06/02 Former spy boss moves to Deutsche Bank »
- 06/02 China offers Merkel some comfort for Europe »
- 19:33 What is your best three movies
- 19:12 Had problems with my boyfriend
- 18:49 Need to replace windows
- 18:42 Moving to Sweden next year
- 18:21 Björn Johan Andressen
- 17:37 My Skype Idea
- 16:07 This day, today (100 years ago)
- 15:46 Just collected a doctors prescription
- 14:02 Supermarket frustration irks
- 13:44 Things to remember while buying a fritidshus
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
