Sweden edition

Budget

The following articles have been tagged with "Budget":

Sweden gets a seat at the eurozone table

Business & Money: 31 Jan 12
Sweden will participate in the eurozone pact on fiscal discipline, according to prime minister Fredrik Reinfeldt, who claims that all Sweden's demands for joining have been met. READ »

Sweden can back eurozone pact: Riksdag

Business & Money: 27 Jan 12
The Riksdag's EU affairs committee on Friday gave the go ahead to the Swedish government to support the eurozone budget pact at next week's EU summit, provided certain conditions are met. READ »

Social Democrats drop eurozone pact opposition

Politics: 26 Jan 12
The Social Democrats on Thursday dropped their longstanding opposition to Swedish participation in the eurozone pact on fiscal discipline, after reaching an agreement with the government of Fredrik Reinfeldt. READ »

Håkan Juholt survives to lead another day

Politics: 20 Jan 12
The Social Democrats' executive committee expressed its continued confidence in embattled party head Håkan Juholt on Friday following two days of intense meetings about his leadership. READ »

Social Democrats affirm eurozone pact opposition

Business & Money: 18 Jan 12
The Social Democrats remain opposed to having Sweden join the eurozone stability pact, while the Centre Party said on Wednesday it supported the deal "with conditions". READ »

Sweden boasts hefty budget surplus for 2011

Business & Money: 10 Jan 12
Sweden’s national debt office stated on Tuesday that the country’s budget surplus from 2011 stood at 68 billion kronor ($9.85 billion). READ »

Ingves: Interest rates stable all year

Business & Money: 2 Jan 12
The head of Sweden's central bank has said he expects Sweden's interest rates to remain at their current low level in 2012, but warned banks that they must be more open about how much they earn from lending to customers. READ »

Sweden's growing wealth gap 'troubling': Borg

Business & Money: 29 Dec 11
Figures showing financial improvements for Sweden's middle and upper classes, at the same time the country's poorest have seen their incomes decline have given finance minister something to fret about. READ »

Sweden earmarks billions for elderly care boost

Business & Money: 15 Dec 11
In the wake of a series of nursing home scandals in Sweden over the last few months, the government on Thursday pledged to invest 4.3 billion kronor ($617 million) into elderly care over the next few years. READ »

Reinfeldt lauds 'proper laundry room' in renovated palace home

Society: 15 Dec 11
Prime minister Fredrik Reinfeldt's official residence, Sagerska Huset in Stockholm, which he was forced to leave due to extensive renovations in April, is now ready for the family to move back. READ »

Why Sweden should stay out of the EU budget pact

Analysis & Opinion: 13 Dec 11
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. READ »

Sweden 'won't block' pact to save euro

Business & Money: 9 Dec 11
Sweden was one of four European Union member states to scupper hopes of a 27-country agreement to help strengthen the euro, but nevertheless plans to participate in the creation of a European bailout fund. READ »

Reinfeldt: markets 'don't want' EU treaty changes

Business & Money: 8 Dec 11
Sweden's prime minister Fredrik Reinfeldt on Thursday argued against changing the European Union treaty to help solve the euro debt crisis as suggested by the leaders of France and Germany earlier this week. READ »

Juholt 'must step down’: former minister

Politics: 2 Dec 11
Former Social Democrat minister Björn Rosengren has been caught on tape saying that party leader Håkan Juholt must step down, according to a report. READ »

Bildt: budget rules 'must be obeyed'

Business & Money: 29 Nov 11
Foreign Minister Carl Bildt on Monday defended a European single market but said that stricter budget supervision and regulation by Brussels will only work if already existing rules are adhered to. READ »

Sweden to save millions in new EU budget

Politics: 19 Nov 11
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. READ »

'Secret' bonus scheme at nursing homes revealed

National: 6 Nov 11
Swedish health care provider Carema has received another blow as a "secret" bonus program for managers was revealed just days after staff told how high-savings initiatives have led to neglect of the elderly in their care. READ »

Confidence in Juholt falls further: poll

Politics: 4 Nov 11
Only 12 percent of Swedes have confidence in Social Democrat head Håkan Juholt, according to a new poll showing that support for the party has reached record lows. READ »

No recession cuts in Swedes' 'vanity' budget

Business & Money: 31 Oct 11
Despite the turbulent financial climate, Swedes aren't cropping their beauty budget, according to recent figures from Statistics Sweden. READ »

Top stately spots for a Swedish wedding party

Lifestyle: 26 Oct 11
For those planning a grand wedding in Sweden and searching for a suitable location to host a reception, The Local has put together a list of top spots, from fairytale castles to 19th century homes, as well as some more modest options. READ »

How did the Social Democrats end up in such chaos?

Analysis & Opinion: 13 Oct 11
The Social Democrats’ malaise goes far deeper than the expenses scandal engulfing Håkan Juholt, political scientist Nicholas Aylott writes, arguing that the party needs to decide its ideological path and to pick its leader accordingly. READ »

Borg: EU debt crisis not just a eurozone issue

Analysis & Opinion: 13 Oct 11
The current debt crisis is a concern for all of Europe, not just to eurozone countries, Swedish Finance Minister Anders Borg tells AFP's Nina Larsson, highlighting the vulnerability of banks and exports in Sweden as an example. READ »

Snoop agency to target smartphone apps

Science & Technology: 12 Oct 11
Sweden's main signals intelligence agency is set to receive additional funding to improve its ability to monitor traffic generated by smartphone and tablet computer apps. READ »

Borg: Greek budget plan could 'fall off the rails'

Business & Money: 4 Oct 11
Sweden's finance minister Anders Borg warned on Tuesday that Greece is at risk of missing budget targets demanded by international lenders in return for bailout funds. READ »

Enjoy historic St Petersburg - without the visa

Travel: 3 Oct 11
Imagine visiting St. Petersburg, one of the most majestic cities in the world, without having to fly there and avoiding the headache of the visa-application process. A unique cruise line makes this possible. READ »

Brazil fighter jet deal 'urgent': minister

Business & Money: 30 Sep 11
Brazil's defence minister has said that the country has an "urgent´" need of new combat aircraft, reigniting renewed speculation about a multi-billion-dollar deal potentially involving Swedish Saab's Gripen NG. READ »

Moderates in decline: poll

Politics: 30 Sep 11
Sweden’s ruling Moderate Party has received the lowest poll results since the general election, according to fresh figures from research company Synovate. READ »

The Sweden Democrats - a year in the Riksdag spotlight

Analysis & Opinion: 29 Sep 11
A year has passed since the Sweden Democrats became Sweden’s newest parliamentary party and The Local’s Peter Vinthagen Simpson has a look at what has been achieved, what has not and what has changed. READ »

Budget 'too optimistic': Social Democrats

Politics: 20 Sep 11
Swedish finance minister Anders Borg defended the government's autumn budget proposal against charges that it was overly optimistic in a spirited Riksdag debate on Tuesday. READ »

Swedish budget focuses on labour market

Business & Money: 20 Sep 11
Sweden's government has outlined a raft of labour market initiatives in the budget presented on Tuesday, while its forecast for GDP growth has been slashed to 1.3 percent in 2012, warning that the reality could be worse. READ »

Asylum agreement to reunite thousands

National: 18 Sep 11
Thousands of Somali families could be reunited next year in Sweden following the first step forward in the government’s common migration policy. READ »

Swedes cut food budgets as crisis unfolds

Business & Money: 15 Sep 11
Swedish consumers are choosing cheaper options in their weekly shop as the mounting eurozone debt crisis and fears of recession begin to bite. READ »

Long-term unemployed tapped for Swedish cultural preservation bid

Business & Money: 13 Sep 11
The government has proposed utlising thousands of Swedes with diminished work capacity due to illness or disability in a new effort to help preserve Sweden's cultural heritage. READ »

Minister open to talks on foster care abuse cash

Politics: 12 Sep 11
The Swedish minister who at the weekend said that no money would be coming to victims who suffered abuse while in foster care has opened to further talks on the issue following pressure from the opposition. READ »

Sweden to slash restaurant sales tax

Politics: 12 Sep 11
Patrons at Swedish restaurants will see the value-added tax (VAT) added to their bills cut by more than half staring January 1st, 2012 as part of a government spending package designed to boost employment among young people. READ »

Stockholm Pride unable to pay its bills

Business & Money: 6 Sep 11
The organisers of the annual Stockholm Pride festival is facing an economic crisis due to cost overruns and a new business model. READ »

New millions for Swedish synagogue security

Society: 5 Sep 11
The Swedish government has promised new funds to help boost security around the country's synagogues following accusations that Sweden hasn't done enough to protect it's Jewish population. READ »

Stockholm graffiti - beating the ban

Lifestyle: 2 Sep 11
Behind the Stockholm council's draconian "zero tolerance" policy on graffiti is hidden a rich but underground Swedish graffiti culture, inspired by the scene in New York City, contributor Katherine Dunn discovers. READ »

Sweden slashes 2011 growth forecast

Politics: 26 Aug 11
Sweden's finance minister Anders Borg on Friday announced that the government had significantly lowered its growth forecast for 2011. READ »

Stock market continues downward slide

Business & Money: 19 Aug 11
The Stockholm stock market continued to fall on Friday, with the OMXS-index dropping nearly 4 percent within 30 minutes of opening and finishing the week down nearly 11 percent - and the lowest level since autumn 2009. READ »

Reinfeldt pans proposed eurozone 'government'

Business & Money: 17 Aug 11
Swedish prime minister Fredrik Reinfeldt took a doubtful stance to the "true economic governance" within the eurozone called for by French president Nicolas Sarkozy and German chancellor Angela Merkel on Tuesday. READ »

Swedish inmates complain over 'poor TV'

Society: 17 Aug 11
Inmates at a detention centre in Kalmar, in southern Sweden, have written a letter of complaint to the board about the "poor channel selection" on the centre TVs. READ »

Sweden to bolster banks against European debt crisis

Business & Money: 16 Aug 11
Swedish Finance Minister Anders Borg said Tuesday the government planned to implement measures to help ensure the country's banking sector avoid being pulled into the European debt crisis. READ »

Moderates push back promised tax cut plans

Politics: 16 Aug 11
Prime minister Fredrik Reinfeldt announced on Tuesday his Moderate Party was delaying plans to implement several tax reductions, citing increasing concerns about the state of the global economy. READ »

How to survive on a Swedish student budget

Lifestyle: 12 Aug 11
The Local's Clara Guibourg comes to the rescue of those struggling to get by on a meagre student loan with a survival guide of almost everything you need to know about living in Sweden on the cheap, without missing out on the fun. READ »

Borg: growth forecast under revision

National: 11 Aug 11
Sweden's finance minister Anders Borg on Thursday warned that the government will need to revise down its strong economic growth expectations for 2012 due to the global financial market turbulence. READ »

Stockholm stock market in record fall

Business & Money: 9 Aug 11
The Stockholm stock market fell 5.2 percent on Monday - the worst fall in nearly three years. READ »

Borg promises restraint as stocks head south

Politics: 8 Aug 11
Sweden's finance minister Anders Borg on Monday promised a "cautious" economic policy as he commented on turbulence in global stock markets. Trading in Stockholm meanwhile nosedived as US markets opened. READ »

Stockholm stock market in shaky opening

Business & Money: 8 Aug 11
As expected the Stockholm stock exchange opened sharply down on Monday although after an hour's trading had rebounded into positive territory as the market battled to digest the weekend's global finance developments. READ »

Markets hit by 'buffalo herd' mentality: Borg

Business & Money: 5 Aug 11
Swedish finance minister Anders Borg attempted to reassure worried investors in the wake of stock market drops across Europe on Friday, but admitted that financial markets remained "turbulent". READ »

Cycling holidays and travel in Scandinavia

Lifestyle: 4 Aug 11
If you want to see Scandinavia at its best, there’s no more exciting way to do it than to hop on a bike and explore the region’s excellent network of hostels. READ »

Wilderness, shopping and blondes shape Sweden's image abroad

National: 22 Jul 11
When foreigners are prompted to share what they think of Sweden their thoughts wander to the great outdoors, shopping, snow and beautiful women, according to a new survey from VisitSweden. READ »

Swedish aid money pays off third world debts

National: 15 Jul 11
A Swedish aid organization is criticizing the government for using aid money to pay off old debts the countries owe Sweden, but the minister for development cooperation defends the practice saying it is in line with international regulations. READ »

Tallinn’s charms just a luxury ferry ride away

Travel: 14 Jul 11
While the Stockholm archipelago has its undeniable charms, venturing a little further east means a great leap in terms of the culture and history offered by the much-underestimated Baltic countries. READ »

Bolt to pocket millions for Stockholm gala sprint

Sport: 11 Jul 11
Jamaican sprint superstar Usain Bolt has been confirmed as a participant in the Swedish athletics meet DN-Galan, receiving 2 million kronor ($310,000) for his trouble. READ »

Swedish house prices 'dangerously high': report

Business & Money: 11 Jul 11
Sweden has one of the most overvalued housing markets in the world, according to a new report, while new figures indicate that the long climb in prices may be grinding to a halt and that a majority of Swedes expect price falls. READ »

Sweden slams EU budget proposal

Politics: 30 Jun 11
EU's budget proposal has been heavily criticised by Sweden, with one MP calling it "the most provocative budget in EU history". READ »

Early retirement should be 'difficult to get'

Politics: 26 Jun 11
A new system to replace young persons' version of early retirement, known as activity compensation, has been suggested by the Liberal Party. READ »

Winter train delays cost Sweden 'billions': report

Business & Money: 20 Jun 11
Last winter's cancelled and delayed trains cost Swedish society about 2.4 billion kronor ($372 million) in lost working hours, according to a new report. READ »

Malmström touts corruption crackdown

Politics: 6 Jun 11
Sweden's EU commissioner Cecilia Malmström has called for action after it emerged that four out of every five EU citizens consider corruption to be a problem in their country, with costs topping 1,000 billion kronor ($162 billion) per year. READ »

Norwegian set to launch Stockholm-New York flights

Business & Money: 1 Jun 11
Budget airline Norwegian is planning to launch direct flights from Stockholm to New York from the end of 2012 or beginning of 2013, the company has confirmed. READ »

'Cab controversy' colours Green leadership battle

Politics: 20 May 11
Revelations that the Green Party leader candidate Mikaela Valtersson spent thousands of taxpayers' kronor on taxi rides rather than taking public transportation have raised questions about her leadership potential. READ »

Reinfeldt touts 'green economy' on Brazil visit

Business & Money: 19 May 11
Swedish Prime Minister Fredrik Reinfeldt said "putting a price on pollution" is the most effective way to create a sustainable, green society in a speech to Brazilian business leaders on Wednesday. READ »

Reinfeldt in Brazil to discuss ethanol, IMF

Politics: 18 May 11
Swedish Prime Minister Fredrik Reinfeldt met Brazilian President Dilma Rouseff in Brasilia on Tuesday to meet with President Dilma Rouseff and to discuss ethanol, environmental concerns and technological cooperation. READ »

OECD slams Sweden for using aid for embassies

Politics: 17 May 11
The OECD has criticised Sweden for using money from the development aid budget to finance embassy operations, in contravention of international regulations. READ »

Greens in household services u-turn

Politics: 1 May 11
Sweden's Green Party has ditched its long-held opposition to a controversial centre-right government scheme allowing tax deductions for household services. READ »

Labour market divides Swedish budget debate

Politics: 13 Apr 11
Sweden's finance minister Anders Borg emphasised falling unemployment figures in the budget debate in the Riksdag on Wednesday, while the Social Democrats argued that Sweden was suffering from "mass unemployment". READ »

Sweden projects budget surplus build-up

Business & Money: 13 Apr 11
The government expects a budget surplus by the end of the year, although Sweden's 2011 growth rate may not be as strong as previously forecast, according to the spring budget bill released on Wednesday. READ »

Sweden moots further tax cuts for wage earners

Politics: 12 Apr 11
Sweden's Alliance coalition government announced Tuesday that it is ready to push ahead with further tax cuts provided public finances continue to expand. READ »

Housing minister stymied in Stockholm flat hunt

Society: 11 Apr 11
Sweden's housing minister Stefan Attefall has been left empty handed as he struggles to find an available apartment in Stockholm to meet his budget and needs. READ »

Arms spending slows: Swedish think tank

Business & Money: 11 Apr 11
Global military spending last year grew by the slowest rate since 2001 as defence budgets shrank in the wake of the world economic crisis, Swedish think-tank SIPRI reported on Monday. READ »

Culture Night offers cash-strapped Stockholmers a free night out

Lifestyle: 8 Apr 11
Nearly 70 museums and cultural institutions across Stockholm will open their doors to the public for free on Saturday in a bid to bring the city's cultural offerings to a wider audience, contributor Anita Badejo discovers. READ »

Gran Canaria: Pride under the sun

Travel: 6 Apr 11
Lots of European gay travellers are discovering a friendly and exuberant gay pride festival on the Spanish island of Gran Canaria - with great flight connections from Sweden. READ »

New Swedish aid portal a 'transparency guarantee'

Politics: 4 Apr 11
The Swedish government on Monday launched a new online service - Openaid.se - in a bid to increase transparency within development aid and enable interested parties to follow the entire aid chain. READ »

Sweden's far-right votes with the government: study

National: 3 Apr 11
A news agency TT study shows the far-right Sweden Democrats voting with the government in nine out of ten cases during the party's first six months since reaching the Riksdag. READ »

Foreign degrees pose Swedish jobs challenge

Analysis & Opinion: 23 Mar 11
Many employers require foreign-earned diplomas and certifications to be translated and verified according to Swedish standards; an often expensive and time-consuming process, The Local's Karen Holst has found. READ »

Reinfeldt: EU must open doors to foreign labour - and new members

Politics: 7 Mar 11
The European Union must attract labour from other parts of the world if it is to function in future, according to Sweden's prime minister Fredrik Reinfeldt. And Turkey should join the club as soon as it is ready. READ »

Swedes to pay more for healthcare

Society: 3 Mar 11
Swedes may soon be asked to pay up to 2,200 kronor a year for using the public healthcare system. READ »

Riksdag moves to stop Swedish state sell-offs

Business & Money: 1 Mar 11
A Riksdag committee said on Tuesday that it wants to halt the sale of the state's shares in a number of state-owned companies, reversing a previous decision giving the government a mandate to do so. READ »

Wallström's UN job paid for by Sweden: report

Politics: 28 Feb 11
Swedish taxpayers covered most of the $1 million dollar cost of Margot Wallström’s job with the United Nations last year. READ »

Saab's Brazil Gripen bid delayed further

Business & Money: 23 Feb 11
Swedish defence contractor Saab will be made to wait further for a decision on the company's bid to sell its Gripen fighter jet to Brazil, the Brazilian defence ministry said Tuesday. READ »

Saab made to wait as Brazil delays fighter deal

Science & Technology: 19 Feb 11
Brazil has announced that it will delay a decision to buy 36 fighter jets following a slew of budget cuts, leaving Swedish firm Saab, along with French and US rival bids, playing the waiting game. READ »

Beer in Sweden: it's not as bad as you think

Lifestyle: 17 Feb 11
In his first monthly column on malted beverages, blogger Darren Packman reminds readers that beer, not wine, helped build empires and explains what it's like to taste a 1,150 kronor ($178) bottle of beer. READ »

Swedes still keen on finding love abroad

Lifestyle: 14 Feb 11
While Swedes no longer take to Viking longboats in search of foreign booty, research shows they remain adept at bringing back trophies of love from their adventures abroad, The Local's Ben Kersley discovers. READ »

Britain lauds Sweden's 'tiger economy'

Business & Money: 11 Feb 11
Sweden's economy came in for high praise on Friday when UK Chancellor of the Exchequer George Osborne revealed that he was keen to examine and learn from how the country has dealt with crises and handled its finances over the last 20 years. READ »

Water shortages to force Middle East cooperation

Politics: 11 Feb 11
A report jointly funded by the Swedish and Swiss governments warned on Thursday of acute water shortages in the Middle East that would force feuding neighbours in the region to cooperate to address them. READ »

Sweden's economy on display in Davos

Analysis & Opinion: 28 Jan 11
Sweden's strong economy is in focus at this year’s World Economic Forum in Davos, giving the centre-right Alliance government a chance to spread a new image of Sweden, writes Prime Minister Fredrik Reinfeldt and three of his ministers. READ »

More Swedish embassies set for closure: report

Politics: 27 Jan 11
A slew of Swedish embassies and consulates could be closed as the foreign ministry prepares to cut costs after having its budget reduced, according to a media report. READ »

Sweden refuses health aid due to corruption

Politics: 23 Jan 11
Sweden has announced that it will not pay its 1.5 billion kronor ($226 million) contribution to the global fund to fight AIDS unless more is done to ensure the cash does not fall into the wrong hands, a report said Saturday. READ »

'Financial crisis over in Sweden': Nordea

Business & Money: 19 Jan 11
The financial crisis is over in Sweden, Nordic financial services group Nordea declared in a report on Wednesday. READ »

Is Sweden's economic future paved with gold?

Analysis & Opinion: 19 Jan 11
The Swedish economy hasn't yet been dragged down by eurozone debt problems, and while growth is strong and exports are up, Sweden might still face a few economic bumps on the road ahead, the AFPs Marc Preel reports. READ »

New Swedish film puts sex back on the map

Lifestyle: 14 Jan 11
Sweden’s last official sex education film became a hit in XXX-cinemas around the world. Four decades later, it's time for the sequel, but the new film probably won't enhance Sweden's reputation for sin, The Local's Ben Kersley reports. READ »

Swedish TV licence fees contribute to better society

Society: 13 Jan 11
Sweden's television and radio licence fee system may appear confusing to new arrivals to the country, especially to those who come from countries that collect revenue for public broadcasting through taxation. READ »

Lakes emit greenhouse gases: Swedish scientist

Science & Technology: 7 Jan 11
Greenhouse gas emissions from inland waters are greater than previously thought, a Swedish-led study has found. READ »

Sweden deploys vintage trains to battle the snow

National: 27 Dec 10
The Swedish Transport Administration has turned to antique rolling stock to boost resources battling the snow and to clear a stretch of track in southern Sweden, as the costs for the harsh winter are forecast to skyrocket. READ »

Sweden to close five embassies

Politics: 22 Dec 10
Sweden's foreign minister Carl Bildt on Wednesday announced the closure of five embassies as a result of the recent cuts to the government's administrative budget. READ »

Swedish GDP growth nears record high: report

Business & Money: 21 Dec 10
Sweden's GDP growth is currently at levels that have been outpaced only four other times since World War Two, according to a finance ministry agency on Tuesday. READ »

UK EU budget deal not tight enough: Reinfeldt

Politics: 18 Dec 10
Swedish Prime Minister Fredrik Reinfeldt said that he would not support Britain's drive to restrict EU spending, saying it was not far-reaching enough, Swedish public radio reported on Friday. READ »

Sweden may support euro countries in crisis

Business & Money: 17 Dec 10
Swedish Prime Minister Fredrik Reinfeldt announced on Friday that Sweden has not yet ruled out the possibility of supporting a new emergency fund to bail out vulnerable euro countries. READ »

Budget cuts to force embassy closures: Bildt

Politics: 10 Dec 10
Foreign minister Carl Bildt described as "stupid, dangerous and harmful" the passage of a bill slashing the budget of Sweden's Government Offices, warning that several Swedish embassies will be shuttered as a result. 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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