Sweden edition

Mats_odell

The following articles have been tagged with "Mats_odell":

Hägglund re-elected as Christian Democrat head

Politics: 29 Jan 12
Christian Democrat leader Göran Hägglund succeeded in riding out the storm of doubts about his position over the past few months, gaining re-election at the party's national conference on Saturday, beating out challenger Mats Odell. READ »

Christian Democrat leadership race heats up

Politics: 3 Oct 11
A former minister as well a celebrity author and television personality Marcus Birro both announced on Sunday their plans to challenge embattled Christian Democrat leader Göran Hägglund for the party's top spot. However Birro renounced his candidacy on Monday morning. READ »

Göran Hägglund lays down the gauntlet

Politics: 30 Sep 11
Christian Democrat leader Göran Hägglund has challenged his critics within the party to stand up and fight for the leadership, in response to a petition which has cast doubt on his position. READ »

Swedish house scuppers privatisation plans

Politics: 16 Mar 11
The Swedish Alliance coalition government has lost the right to sell off stakes in a slew of state-owned companies after a parliament decision on Wednesday afternoon, suffering its most high profile setback since regaining power. READ »

One million Swedes hit by winter bus chaos

National: 12 Feb 11
Up to 1 million passengers were affected when bus services in Stockholm county shut down completely on Friday due to slippery conditions caused by heavy snowfall and strong winds. READ »

How Moderate success could doom the Alliance

Analysis & Opinion: 6 Dec 10
While Sweden's Moderate Party enjoys record high support, the struggle by its junior partners for recognition could ultimately spell the end of the four-party centre-right Alliance, contributor Naomi Powell explains. READ »

Press reacts to Sweden Democrat 'spectacle'

Politics: 6 Oct 10
Leader pages across Sweden condemned as petty and immature the Sweden Democrats’ walking out on a bishop’s speech about racism on Tuesday, while others took aim at Fredrik Reinfeldt's new government. READ »

Reinfeldt unveils reshuffled cabinet

Politics: 5 Oct 10
Prime minister Fredrik Reinfeldt presented his new government during the opening session of the Riksdag on Tuesday, announcing a team with seven new names as well as a new ministry. READ »

Live Blog: parliament opens

Politics: 5 Oct 10
Another eventful day in Swedish politics has come to a close with Fredrik Reinfeldt having presented his new government, the Sweden Democrats having added a little colour and outraged drama, and the king having calmly reminded the Riksdag of its role as a bastion of Swedish democracy. READ »

Live Blog: post-election developments

National: 22 Sep 10
Latest: The Liberal Party - and by extension the Alliance - has missed out one seat it needed to gain in Gothenburg to the Social Democrats - by just four votes. READ »

Introducing the Christian Democrats

Analysis & Opinion: 10 Sep 10
Here's a look at the Christian Democrats, bidding to retain power as one of the smaller parties within the centre-right Alliance coalition. READ »

Borg calls for renewed privatization drive

Politics: 8 Aug 10
Minister for Finance Anders Borg has indicated that the government intends to raise 100 billion kronor ($14 billion) by selling off the state’s shareholdings in a number of companies if voted back into power in September. READ »

Minister proposes ban on fighting dogs

Politics: 12 Jul 10
Sweden's local government minister Mats Odell has proposed a ban on fighting dogs, citing security concerns for those living in large apartment buildings and follows a similar ban on ten races introduced in Denmark. READ »

Sell more state-owned companies: party

Politics: 10 Jun 10
The Christian Democrats believe the government should continue selling off state-owned companies. READ »

Man arrested over Rinkeby riots

National: 9 Jun 10
A man in his twenties has been arrested on suspicion of rioting after Tuesday night’s serious disturbances in the Stockholm suburb of Rinkeby. More arrests are expected. READ »

Sweden faces mortgage debt hangover: report

Business & Money: 26 May 10
Swedish household borrowing continues to increase at one of the world's highest rates and economists at the state Housing Credit Guarantee Board have raised concerns over the risks for individuals, house prices, and the Swedish economy. READ »

Sweden rules out ban on naked short-selling

Business & Money: 20 May 10
Sweden has ruled out following a German decision to ban so-called naked short-selling, a decision which has sent stock markets tumbling across Europe this week. READ »

Increased oversight of financial firms proposed

Business & Money: 12 May 10
Sweden's government has proposed the supervision of a wide range of financial businesses involved in foreign exchange, money transfers, deposits and SMS loans. READ »

Mortgages could be capped at 85 percent

Politics: 5 May 10
Sweden's Financial Supervisory Authority has proposed that banks limit the amount offered for new residential mortgages to 85 percent of a property's market value. READ »

Social Democrats seek apology over Sahlin slur

Politics: 27 Apr 10
Top Social Democrat Thomas Östros has demanded an apology from Mats Odell after the local government minster dredged a 15-year-old scandal back up to the surface of Swedish politics. READ »

TeliaSonera approves government bonus ban

Politics: 8 Apr 10
Swedish-Finnish telecom firm TeliaSonera voted at its AGM on Wednesday to ban bonuses for senior staff after a proposal from the Swedish state's representative. READ »

Controversial bonus windfall for Nordea heads

Business & Money: 24 Mar 10
Capital Markets, the investment banking arm of Nordic finance giant Nordea, has awarded record bonuses for 2009 to staff and senior managers despite criticism from its major shareholder the Swedish state. READ »

'Every wasted krona amounts to theft'

Analysis & Opinion: 18 Mar 10
Recognizing frustration among a heavily taxed electorate, the Swedish Taxpayers Association has joined hands with the free-market think tank Timbro to appoint a special ombudsman to which citizens can report wasteful government spending. READ »

Sweden to outlaw card payment charges

National: 6 Mar 10
Charges for using credit and debit cards for small purchases will be abolished under new proposals from the government. READ »

Renewed criticism over Swedish bank bonuses

Business & Money: 11 Jan 10
Bonus payments increased at Sweden’s four largest banks last year, despite a sharp drop in the banks’ results, according to an ongoing review by the Swedish financial authorities READ »

Stockholmers 'fund the rest of Sweden': report

Politics: 21 Oct 09
Stockholm-area taxpayers help fund the rest of Sweden to the tune of 14 billion kronor ($2 billion) a year to put the country’s municipalities on an equal financial footing. READ »

Gotland governor ousted over beach row

Politics: 4 Aug 09
Gotland county governor Marianne Samuelsson has been forced to step down from her post after she was taped arguing in favour of preferential treatment for a local businessman. READ »

Gotland official called in over favouritism claims

National: 30 Jul 09
The county governor of the Baltic island of Gotland, Marianne Samuelsson, has been summoned by the government to explain comments claiming that prominent business people should be given favourable treatment. READ »

Privatisation leads to profitability: report

Business & Money: 29 Jun 09
Sweden's former state-owned enterprises have become more profitable and effective when privatised, according to a new government report. READ »

Local government facing massive deficits

Business & Money: 13 May 09
Despite a projected budget deficit of 3 billion kronor ($379 million) for 2009, Sweden’s county and local governments shouldn’t expect any more money from the state. READ »

Sweden extends bank rescue plan

Business & Money: 2 Apr 09
Sweden's government announced on Thursday a six month extension to the 1.5 trillion kronor ($183.8 billion) bank rescue plan that was announced in October. READ »

'No bonuses at state-owned companies'

Business & Money: 24 Mar 09
The Swedish government has said it wants to end bonuses and variable compensation for executives at state-owned companies. READ »

Sweden offers banks billions more in aid

Politics: 3 Feb 09
The Swedish government announced a new rescue package for the banking sector on Tuesday worth up to 50 billion kronor ($6 billion). READ »

Government puts off sale of SBAB

Business & Money: 30 Jan 09
The Swedish government announced on Friday it was postponing the sale of state-owned mortgage lender SBAB because of the financial crisis. READ »

Sweden to present banking package details soon: report

Business & Money: 27 Jan 09
Sweden is said to be on the verge of presenting details of a programme through which state capital could be injected into the country's banking sector, a newspaper reported on Tuesday citing undisclosed sources. READ »

Sweden may change bank loan guarantees

Politics: 20 Nov 08
The government said on Thursday it is open to altering Sweden’s new bank lending guarantees in order to get more of the country's biggest banks to participate. READ »

Borg warns of looming recession in Sweden

Business & Money: 17 Nov 08
Sweden's finance minister Anders Borg warned on Monday that the country may be headed toward a recession, while also saying the government is considering other ways to get banks to join its state-sponsored lending programme. READ »

Borg tops in Sweden power rankings

National: 14 Nov 08
Finance minister Anders Borg has surpassed prime minister Fredrik Reinfeldt as Sweden’s most influential powerbroker, according to a new ranking. READ »

Sweden to issue more debt as Riksbank stresses crisis's depth

Business & Money: 13 Nov 08
The Swedish government on Thursday asked the National Debt Office to sell as much as 200 billion kronor ($25 billion) in T-bills next year, as the head of the central bank emphasized the severity of the current financial crisis. READ »

Banks must pay extra for loans from Swedish state

Business & Money: 30 Oct 08
Sweden's recently approved financial sector support package calls for institutions which borrow money from the state to pay a fee of 0.5 percent of the loans or more, according to details published on Wednesday. READ »

Sweden to set up new bank crisis fund

Politics: 14 Oct 08
Sweden's Financial Markets Minister Mats Odell said on Tuesday the government was planning to unveil plans for a new fund to help bail out banks in the event of a financial emergency. READ »

Sweden doubles savings guarantee

Business & Money: 6 Oct 08
Sweden's government has announced a doubling of the state’s bank deposit guarantee from 250,000 kronor ($35,000) to 500,000 kronor, effective immediately. READ »

New Swedish bank crisis law in two years

National: 30 Sep 08
Sweden's Minister for Financial Market Mats Odell said on Tuesday that new rules to clarify how and when the Swedish government can take control of a domestic bank in financial trouble should come into effect in 2010. READ »

Analysts doubt Sweden will push through SBAB sale

Business & Money: 19 Sep 08
Upheaval in the financial markets will likely complicated plans by the Swedish government to sell off state-owned mortgage lender SBAB in the near future, analysts said on Friday. READ »

V&S's Beam stake bought by Fortune Brands

Business & Money: 25 Jul 08
US spirits group Fortune Brands has bought Vin & Sprit's 10 percent stake in Fortune's beverage unit, Beam Global Spirits & Wine, for 2.8 billion Swedish kronor ($464 million), the Swedish government said on Friday. READ »

Sweden sells property giant Vasakronan

Business & Money: 3 Jul 08
Sweden's ongoing privatization programme continued apace on Thursday with the sale of real estate firm Vasakronan to AP Fastigheter. READ »

Analysts: Low initial offer puts TeliaSonera in driver's seat

Business & Money: 5 Jun 08
Swedish-Finnish operator TeliaSonera, having rejected a takeover offer from France Telecom Thursday, should be in a good position to play other potential buyers against each other to push up the bids, analysts said. READ »

TeliaSonera rejects France Telecom

Business & Money: 5 Jun 08
TeliaSonera’s board on Thursday rejected a €33 billion ($51 billion) offer put forward by France Telecom to acquire the Nordic telecoms group. READ »

Fortune sues Vin & Sprit over Beam shares

Business & Money: 14 May 08
A lawsuit filed by Fortune Brands against Vin & Sprit may delay the sale of the Swedish drinks group to France’s Pernod Richard. READ »

State job appointments shrouded in secrecy

Politics: 27 Apr 08
The government has been accused of a lack of transparency when filling top state jobs. Only one in three appointments have been advertised since the Alliance parties took office. READ »

Housing reforms stoke debate

Society: 18 Apr 08
A new government report has suggested controversial changes to the rules governing residential rental properties in Sweden. READ »

Vin & Sprit sale boosts government privatizations

Business & Money: 2 Apr 08
The sale of Absolut vodka maker Vin & Sprit represents a major step forward in the government's privatization programme. AFP's Delphine Touitou looks at which state-owned enterprises might be next on the auction block, and why. READ »

Sweden reacts to sale of Vin & Sprit

National: 31 Mar 08
Reaction from Sweden’s press and political establishment ranged from shock to scathing criticism following Monday’s announcement that Pernod Ricard would assume ownership of Vin & Sprit. READ »

Pernod wins auction for Vin & Sprit

Business & Money: 31 Mar 08
French drinks giant Pernod Ricard has won an auction for the ownership of Sweden's Vin & Sprit. READ »

Sweden banking crisis law closer to completion

Business & Money: 19 Mar 08
A new Swedish law regulating how and when the state would act to take over a bank in crisis is closer to be coming a reality. READ »

Sweden may delay privatization drive

Business & Money: 12 Mar 08
Sweden's financial markets minister Mats Odell said the government is reviewing its privatization programme in light of the subprime crisis. READ »

Government recruitment shrouded in secrecy

Politics: 28 Feb 08
Mats Odell admits the government has failed in its commitment to adopt an open appointment process when recruiting top-level civil servants. READ »

Sweden welcomes sovereign wealth funds but demands transparency

Business & Money: 26 Feb 08
Minister for Financial Markets Mats Odell has said that Sweden welcomed investment from sovereign wealth funds. READ »

Auction to begin on home of Absolut vodka

Business & Money: 11 Dec 07
Sweden is set to begin its sale of state-owned wine and spirits manufacturer, Vin & Sprit. READ »

Carnegie cuts ties with government

Politics: 3 Oct 07
Carnegie Investment Bank has announced that it will relinquish its position as financial advisor to the state. Secretary of State Urban Funered has also announced his resignation. READ »

Top government aide quits

Politics: 1 Oct 07
A top Swedish government advisor has quit her job over her links to crisis-hit investment bank Carnegie. But Karin Forseke pointed out that her running of the bank had not been criticized. READ »

Government under fire for Carnegie links

Politics: 30 Sep 07
The government's close relationship with people linked to investment bank Carnegie has come under fire from opposition politicians. The bank, which this week was fined 50 million kronor and forced to sack its CEO, has supplied two close aides to Finance Markets Minister Mats Odell. READ »

Borse Dubai sweetens offer for OMX

Business & Money: 26 Sep 07
Borse Dubai said Wednesday it had sweetened its takeover offer for Nordic market operator OMX and had secured 47.6 percent of shares in the group. READ »

New guarantees for first-time buyers

Business & Money: 13 Sep 07
Banks who lend money to first-time home buyers will in future be able to get government credit guarantees, according to plans announced by Finance Markets Minister Mats Odell on Thursday. READ »

Panel to oversee sales of Swedish companies

Business & Money: 10 Sep 07
The Swedish government is to appoint a new committee to oversee the sale of shares in state-owned companies, Finance Markets Minister Mats Odell has announced. READ »

Nasdaq chief in Stockholm for OMX talks

Business & Money: 20 Aug 07
Nasdaq's CEO Bob Greifeld is in Sweden on Monday and Tuesday to meet major shareholders and representatives for OMX. READ »

EU rejects government's 'market rents' claim

Society: 13 Jul 07
When controversial plans to remove the rental ceiling in favour of market rates in Sweden's housing sector were revealed two weeks ago, the government said it was simply responding to EU demands. Nonsense, says the EU. READ »

Few women employed in top state jobs

Politics: 27 Jun 07
Women have been underrepresented in top level management position in the state sector since the new government came to power last year. 'Not satisfactory', says Mats Odell, who indicates that the government intends to rectify the situation in the future READ »

State could guarantee first-time mortgages

Society: 7 Jun 07
People who want to buy their first home but have trouble getting a bank loan could soon get a credit guarantee from the state, under plans unveiled by Sweden's government. READ »

Government sells shares in TeliaSonera

Business & Money: 2 May 07
The government is to sell eight percent of its shares in TeliaSonera this week. More shares will be put on the market within the next year. READ »

Governor cleared of bribery charges

Politics: 3 Apr 07
The Court of Appeal has found Maggi Mikaelsson, Jämtland's county governor, not guilty of accepting bribes. The head of forestry company SCA has also been cleared. READ »

Sweden unveils major privatisation plans

Business & Money: 2 Mar 07
The Swedish government has presented a bill to parliament to sell state holdings in six companies, including Vin & Sprit, owner of the Absolut Vodka brand. READ »

TeliaSonera bosses face death threats

National: 14 Feb 07
Security around TeliaSonera's CEO Anders Igel has been stepped up as a result of death threats from Russian criminals. READ »

Government: SAS not for sale

Business & Money: 10 Jan 07
Sweden's government has said it does not plan to sell its 21.4 percent stake in airline SAS. According to rumours, German airline Lufthansa is interested in buying the carrier. READ »

State companies up for grabs

Business & Money: 14 Dec 06
Curious investors can now put six of Sweden's state-owned companies on their Christmas shopping lists. READ »

Reinfeldt blocks gender quotas for top jobs

Politics: 11 Dec 06
The government is to retract the previous administration's goal of ensuring that 50 per cent of all top management jobs in state bodies go to women. READ »

Governor takes time out after elk hunt conviction

Politics: 15 Nov 06
Jämtland county governor Maggi Mikaelsson has decided to take time out after being convicted of bribery. Local government minister Mats Odell says she will stay away from her job until a final decision has been made in her case. READ »

Minister accused over healthcare shares

Politics: 3 Nov 06
Sweden's minister for local government and financial markets, Mats Odell, has become the second Swedish government minister to face scrutiny over his shareholdings. READ »

Minister investigated for company links

Politics: 18 Oct 06
Financial markets minister Mats Odell is being investigated by legal experts over a possible conflict of interest. The Christian Democrat and his wife own shares in a healthcare company that sells services to local government. READ »

Swedish government bets on open gambling market

Society: 7 Oct 06
Foreign companies could be allowed to enter the Swedish gambling market when the state-run monopoly is dismantled, says Sweden's new minister for financial markets, Mats Odell. READ »

Carl Bildt Sweden's new Foreign Minister

Politics: 6 Oct 06
Former prime minister Carl Bildt has been named Foreign Minister in the new government presented by Fredrik Reinfeldt. Ten of the 21 new ministers are women, and nine ministers are Moderates. READ »

Support gathers for ending Swedish gambling monopoly

Society: 20 Sep 06
The Christian Democrats, the smallest of the four Alliance parties, now says it is open to the idea of allowing foreign competition into the current gaming monopoly in Sweden. READ »

New government to scrap flight tax

National: 19 Sep 06
The flight tax due to come into force this autumn is to be shelved by the centre-right Alliance that is to take control in Sweden next month. READ »

Alliance plans Telia sell-off

Business & Money: 14 Sep 06
Telia Sonera could be broken up and sold off if the opposition Alliance wins the Swedish election on Sunday, say the Centre Party and Christian Democrat economics spokesmen. READ »

Suspicion over Persson's growth prediction

Politics: 11 Aug 06
Swedish economic growth results were leaked to officials in the Ministry of Finance several days in advance. Now opposition politicians suspect that the secret figures were mentioned by prime minister Göran Persson in a speech. READ »

EU gives negative signals over flight tax

National: 6 Jul 06
The European Commission has said it fears that Sweden's proposed flight tax will damage competition in the Swedish flight industry, meaning it the idea could be grounded. READ »

Hägglund wins members' support

Politics: 1 Jul 06
Christian Democrats give a standing ovation to leader Göran Hägglund as they re-elect him as party leader at their pre-election conference in Gothenburg on Saturday. READ »

Swedish finance minister delivers 'budget of reforms'

Politics: 18 Apr 06
An evidently satisfied Pär Nuder declares that things are improving for Sweden and promises a wave of reforms. But opposition politicians are far from satisfied, slamming the budget's lack of real structural changes. READ »

Liberal leader demands ethical regulations

Politics: 15 Apr 06
Liberal Party leader Lars Leijonborg has proposed eight rules, coincidentally based on recent scandals linked to the Social Democrats, to prevent corruption among those in power. READ »

Alliance row over property tax

Politics: 24 Mar 06
The Moderates and the Christian Democrats have publicly disagreed with each other on property tax. This kind of positioning is inevitable in the lead up to the election, says a political expert. READ »

Swedish opposition laments 'jobless growth'

Politics: 16 Mar 06
Sweden's finance minister, Pär Nuder, predicts strong growth for the next two years. "Unfortunately Sweden is the world leader in jobless growth," says the opposition. READ »

Minister in EU withdrawal "threat"

National: 30 Jan 06
Minister for Employment, Hans Karlsson, believes that there will be widespread calls for Sweden to leave the EU if construction workers' union, Byggnads, loses the Vaxholm case in the EU court. READ »

Lower taxes but higher fees in Alliance budget

Politics: 3 Oct 05
The 45 billion kronor tax cuts proposed by the centre-right opposition would be financed partly through higher fees for things like unemployment insurance. But most people would still be better off, the Alliance insists. READ »

Nuder denies meddling as bank chief quits

Politics: 30 Sep 05
The resignation of the Governor of Sweden's national bank, Lars Heikensten, prompts allegations of political meddling. That's absurd, says finance minister Pär Nuder. READ »

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 »

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