September 2, 2010
Published: 25 Feb 09 07:17 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/17810/20090225/
A woman from Gothenburg couldn’t believe her eyes when she discovered a 10 billion kronor ($1.13 billion) deposit in her bank account.
Trading in the shares in Nordic paper giants Holmen, Stora Enso and Norske Skog has been halted on Thursday amid rumours of a partial merger. READ »
Sweden's Riksbank has raised the repo rate by 0.25 percentage points to 0.75 percent, a decision which was widely forecast. READ (6 COMMENTS) »
Swedes should expect higher economic growth and lower unemployment than previously forecast, according to a new report from the National Institute of Economic Research. READ (3 COMMENTS) »
Björn Riese, who is leading the liquidation of HQ Bank, has said that a deal to resolve the future of the finance firm is close, with the bank likely to be able to re-open its doors on Friday. READ »
Exports, domestic demand and strong public finances all indicate that Sweden's economy is in good shape, the country's financial management authority and several major banks said on Tuesday. READ (5 COMMENTS) »
HQ has appealed the decision to suspend the banking license for HQ Bank, which has forced it into liquidation and kept the bank closed on Tuesday. READ (1 COMMENT) »
The administrator of the collapsed HQ Bank has said he wants to find a new owner who can keep the business running. READ (1 COMMENT) »
Retailing giant IKEA will launch a section to sell used IKEA products with Swedish online classified ad site Blocket. READ (8 COMMENTS) »
Swedish hardware chain Clas Ohlson is planning to launch an aggressive expansion campaign across the UK of up to 200 stores. READ (7 COMMENTS) »
Sweden's economic recovery is gathering pace and the economy is now close to a return to a normal economic cycle, Nordic bank Nordea has stated in an upbeat new report. READ »
Riksbank governor Ingves says Swedish economy in good shape »
"Riksbank Governor Stefan Ingves expresses optimism about Sweden’s economy in Wall Street Journal interview " READ »
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