- Sweden edition
- Change edition:
- France |
- Germany |
- Norway |
- Switzerland
February 13, 2012
Financial crisis to 'peter out' in 2009: Riksbank
Published: 9 Jan 09 12:04 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/16814/20090109/
Sweden's economy is set to rediscover its growth trend in 2010 as the ongoing financial crisis tails off in 2009, according to a new prognosis from the country's central bank.
- Bildt: euro stability lessened crisis impact (13 Jan 12)
- Ingves: Interest rates stable all year (2 Jan 12)
- Sweden cuts interest rate amid eurozone worries (20 Dec 11)
"A large part of the explanation comprises falling energy prices and falling interest expenditure; that is factors that are favourable to growth," she said, adding that a temporary fall in the inflation rate "should not be confused with a prolonged process with falling prices that affects long-term inflation expectations."
Wickman-Parak also played down comparisons with the 1930s, arguing that the threat of "deflation" should not be exaggerated.
"Our forecasts, and those of most other experts, indicate that growth will recover in 2010 and that inflation will then increase," she said.
The Riksbank would continue to analyze the situation and discuss the need for regulatory changes, she said, but the worst of the current crisis was expected to pass in the year ahead.
"We expect the financial crisis to peter out during the course of the year that has just begun," said Wickman-Parak.
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 (3 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 (5 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 (6 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 »
| 13/02 | HR Business Partner Bombardier Transportation |
Stockholm |
| 13/02 | Key Account Manager Food Borregaard |
Sarpsborg |
| 13/02 | Cell and molecular biologist (Metabolism) to Astrazeneca Mölndal Proffice Life Science |
Göteborg |
| 13/02 | Falck is looking for a dynamic and dedicated Country Manager Falck TravelCare AB |
Stockholm |
| 13/02 | Field Service Engineer Bio-Rad Laboratories |
Oslo |
| 13/02 | Trainee Program (Junior Managers Program) Manufacturing Bosch Rexroth A/S |
Mellansel |
| 13/02 | Corporate Finance Analyst till Capio AB Contaplus |
Göteborg |
| 13/02 | Office Manager to Hansoft Hansoft |
Uppsala |
| 13/02 | Service Engineer The Timken Company |
Hovedstaden |
| 13/02 | Arbetsinjengör till Swenox Swenox AB |
Nyköping |
- 13/02 Deutsche Bank 'to pay €800 mln' in Kirch case »
- 13/02 Greece leaving the euro not so scary - Germans »
- 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 »
- 16:59 Had problems with my boyfriend
- 16:42 A question answered!
- 16:39 Am I being too optimistic/an idiot?!
- 15:10 Where do you live?
- 15:08 Need to replace windows
- 14:40 Narcolepsy in children
- 14:16 For Trowbridge? The Bitter Legacy of 9/11
- 13:54 Tax deductible for rented property
- 12:48 Plumbing pipe fittings
- 12:30 Tires for SUV
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
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
