Sweden edition

Cash

The following articles have been tagged with "Cash":

Police suspect theft after surprise cash 'windfall'

Business & Money: 24 May 12
A woman is suspected of theft after she dropped a stash of 1,000 kronor ($140) banknotes in southern Sweden and then fled the scene, while local residents rushed in to gather the loot that was blowing in the wind. READ »

Charges filed for 'cold-blooded' farm murders

National: 21 May 12
Prosecutors on Monday formally charged two men suspected in a gruesome double murder of an elderly couple on a farm in Alingsås in southwestern Sweden last autumn. READ »

Swedish printer in South Africa banknote fiasco

Business & Money: 21 May 12
An error involving a Swedish printing press has turned into a very expensive headache for South African central bank officials who have been forced to destroy millions of dollars' worth of faulty banknotes. READ »

Gold treasure behind Wallenberg arrest: report

National: 18 May 12
Swedish diplomat Raoul Wallenberg had at least 15 kilogrammes of gold and jewellery in his car when the Red Army arrested him in 1945, according to a new book by a Swedish author. READ »

Police renew search for mystery Mustang driver

Society: 17 May 12
Swedish police on Wednesday launched a new search operation for a 26-year-old Czech man believed to have gone missing near Jokkmokk in northern Sweden after apparently abandoning his white Ford Mustang. READ »

101-year-old woman scares off thief with stick

Society: 14 May 12
A 101-year-old woman fought back when a thief intruded into her home in northern Sweden, beating him over the head with a stick and frightening him from the house. READ »

White Mustang mystery stumps Swedish police

National: 14 May 12
Police remain baffled as to the whereabouts of the driver of white Ford Mustang rented in the Czech Republic and found abandoned near the side of a road in northern Sweden with the keys still inside. READ »

Sweden’s defence 'not fit for battle': expert

Business & Money: 30 Apr 12
Sweden’s armed forces would not be able to defend Sweden should the need arise, according to experts, who point to the lack of protection against radiation, chemical and biological warfare, and the needs for field hospitals and helicopter training. READ »

China's Youngman bids anew for Saab: report

Business & Money: 17 Apr 12
Chinese automaker Youngman has offered to buy bankrupt Swedish carmaker Saab for 3.2 billion kronor ($470 million) and invest more money to restart production in Sweden, according a Swedish media report READ »

Swede sues Greek club over unpaid wages

Sport: 14 Apr 12
Swedish football player Mattias Bjärsmyr has enlisted the help of lawyers to take action against cash-strapped Greek Super League team Panathinaikos for unpaid wages. READ »

Jens Lapidus: Sweden's newest star crime writer

Lifestyle: 13 Apr 12
With an English version of his debut novel finally hitting bookstores, celebrity Swedish defence lawyer and best-selling author Jens Lapidus tells The Local's David Landes why defending criminals beats a full-time career as a writer. READ »

Viking-era 'piggy bank' yields silver treasure

Science & Technology: 11 Apr 12
A bronze, Viking-era "piggy-bank" containing thousands silver coins dating from the 11th century has been unearthed on the Baltic island of Gotland in what Swedish archaeologists have described as a "fantastic" treasure find. READ »

Cocaine, candy, and angry Abba members

Society: 5 Apr 12
Cocaine found among bananas, sweet-toothed kids escaping home for sweeter pastures, dog-sitters selling dogs, and one angry Abba member... The Local presents another News in Brief - tidbits from the week's news that are worth a mention. READ »

Saudi Arabia a 'family business': Bildt

Politics: 4 Apr 12
Swedish foreign minister Carl Bildt has said that, although he was not consulted on Sweden's weapons deals with Saudi Arabia, he sees no problems with exporting arms to the country. READ »

Scandal made Tolgfors's position 'untenable'

Analysis & Opinion: 30 Mar 12
While it's too early to say exactly why Swedish defence minister Sten Tolgfors resigned on Thursday, experts say there is little doubt his departure amid mounting revelations about Sweden's secret arms' deal with Saudi Arabia has delivered a serious blow to the government. READ »

Thieving teenage intern caught 'blue-handed'

National: 30 Mar 12
After thousands of kronor kept disappearing from the petty cash supply at a company in southern Sweden, police laid a trap to catch the thief "blue-handed". READ »

Swedish defence minister Tolgfors resigns

National: 29 Mar 12
Sweden's minister of defence, Sten Tolgfors, announced on Thursday he was resigning his post, citing the ongoing revelations about Sweden's secret deal to build a weapons plant in Saudia Arabia as "the final straw". READ »

Spy agency cash used for Saudi arms plant: report

Business & Money: 27 Mar 12
The shell company set up to carry out Sweden's secret plans to build a weapons factory in Saudi Arabia was financed with cash borrowed from the country's military intelligence agency, according to a new report. READ »

An expat's guide to retirement planning in Sweden

Business & Money: 26 Mar 12
Saving for your financial future has never been more important - particularly for expatriates. But what options are open to you in Sweden? READ »

Eight charged in 'biggest ever' Swedish drug bust

National: 26 Mar 12
Eight people have been charged for their part in the “biggest ever” cocaine ring in Sweden, in which several tons of cocaine at a value of 4.5 billion kronor ($665 million) had been imported from Colombia. READ »

Men jailed for 'accidental' umbilical cord theft

National: 21 Mar 12
Three men have been convicted after a witness saw them breaking into an apartment in suburban Stockholm, whereupon the burglars filled their pockets with valuables – and an umbilical cord. READ »

Teen caught with nipple chain down his pants

Society: 19 Mar 12
A cash-strapped 18-year-old man was found leaving a sex shop in northern Sweden with a nipple chain destined for his girlfriend hidden in his pants. READ »

Cashier-free grocery store opens in Malmö

National: 9 Mar 12
Sweden's first cashier-free grocery store has opened. At Green Matmarknad in Malmö, all customers pay for their weekly shop though automatic self checkout systems. READ »

Sweden's Kinnaman snags new RoboCop lead

Society: 6 Mar 12
Swedish dreamboat Joel Kinnaman has nabbed yet another lead in a potential Hollywood blockbuster, agreeing to play RoboCop in the MGM remake of the classic action movie. READ »

Suspects planned to 'kill as many as possible'

National: 2 Mar 12
Four men from Sweden were formally charged in Denmark on Friday for planning a suspected terrorist attack against Danish newspaper Jyllands-Posten in Copenhagen in December 2010. READ »

Swedish firms rush to cash in on 'Estelle'

Business & Money: 2 Mar 12
Companies around Sweden have taken the opportunity to make a quick buck by using Princess Estelle’s name in their trademark applications. READ »

Swedish man paid cash to have money cleaned

Society: 29 Feb 12
A man from northern Sweden has been fooled into paying large sums of cash to have money "laundered" after a trickster convinced him that having the stained notes cleaned would earn him millions. READ »

New photos of Sweden's Princess Estelle released

Society: 27 Feb 12
The Swedish Royal Court released new images of a four-day-old Princess Estelle on Monday, taken at her home in Haga Palace outside Stockholm. READ »

Couple guilty of trying to burn parents alive

National: 27 Feb 12
A 28-year-old man and his 26-year-old girlfriend have been found guilty of trying to burn the woman's parents alive in an inheritance plot which they hoped would lead to a life of luxury in sunny Buenos Aires. READ »

'Vodka-mobile' selling booze to Swedish kids

Society: 10 Feb 12
Police in Stockholm are looking to beef up efforts to put the brakes on a “vodka-mobile” that delivers hard liquor to school children in the Swedish capital who place their orders via text message. READ »

Kinnevik in bid to buy up publisher Metro

Business & Money: 6 Feb 12
Swedish investment firm Kinnevik has made an offer to buy up Metro International, a global publisher of free newspapers. READ »

Man withdraws mouse from cash machine

Society: 27 Jan 12
A bank customer in northern Sweden got more than he bargained for when he made a withdrawal from a cash machine and pulled out his money, followed by a mouse. READ »

Ericsson shares nosedive on weak report

Business & Money: 25 Jan 12
Ericsson on announced a worse-than-expected 73 percent drop in its fourth quarter net profits, sending shares in the Swedish telecom giant plummeting in Wednesday morning trading. READ »

Man charged for 'trying to set in-laws on fire'

National: 22 Jan 12
A 28-year-old man who stood for the Green Party at the 2010 election, has been charged, along with his 26-year-old girlfriend, for trying to murder his parents-in-law by setting alight to their apartment. READ »

Swedbank in massive Latvia write down

Business & Money: 13 Jan 12
Swedbank announced plans Friday to write down two billion kronor ($283 million) from its operations in Latvia, which have been plagued by rumours about their financial stability. READ »

Saab unions unhappy with bankruptcy receivers

Business & Money: 9 Jan 12
Cash-strapped carmaker Saab’s four unions are unhappy with the appointed bankruptcy receivers but said on Monday that having them changed "would not help the situation". READ »

Hospital splashes cash on 'electro-allergy' room

Science & Technology: 5 Jan 12
A hospital in southern Sweden recently spent just under a million kronor to have a room adapted to suit the needs of the "electro-oversensitive", who suffer from a condition doctors say doesn't exist. READ »

‘Turkish Saab’ would stay in Trollhättan: report

Business & Money: 5 Jan 12
If Saab gets Turkish owners, the company will continue to build cars in Trollhättan, according to Turkish company Brightwell Holdings, which recently entered in the competition over the cash-strapped carmaker. READ »

Washing machine thieves hit student dorms

Business & Money: 30 Dec 11
A suspected gang of washing machine thieves is believed to be behind a wave of appliance pilfering from student housing laundry rooms in in Luleå in northern Sweden. READ »

Ikea founder donates millions to 'hometown' Swedish university

Business & Money: 23 Dec 11
Ikea founder Ingvar Kamprad has donated nearly 1 billion kronor ($146 million) to launch a new foundation to support research at Linneaus University in Kamprad's native region of Småland in south central Sweden. READ »

Swedish 'Dolce Vita' star begs Fellini fund for cash

Society: 23 Dec 11
Anita Ekberg, a former Miss Sweden who stared in "La Dolce Vita", is almost broke, prompting her to make a plea for cash from the foundation of the cult film's director Federico Fellini, according to Italian media reports. READ »

Kevin, 11, plays Santa to sick Swedish kids

Society: 22 Dec 11
Kevin Hansson, an 11-year-old Swedish boy who once suffered from a rare stomach condition, spent all autumn saving up his pocket money to buy toys for sick children at a hospital in northern Sweden. READ »

Saab hits bankruptcy 60 years after a flying start

Lifestyle: 19 Dec 11
Saab Automobile's decision to file for bankruptcy on Monday ends two years of efforts to save the unprofitable Swedish automaker 60 years after the aircraft manufacturer started making cars. READ »

Saab files for bankruptcy

Business & Money: 19 Dec 11
After months of teetering on the brink, Swedish carmaker Saab Automobile on Monday filed for bankruptcy protection, ending two years of efforts to save the iconic Swedish brand. READ »

Prison for dad who made girl fake mental illness

National: 15 Dec 11
A 46-year-old Swedish father who forced his young daughter to pretend she had a mental illness so he could cash in on assistance benefits was sentenced to four years in prison on Thursday. READ »

Saab limps along after new Chinese payout

Business & Money: 13 Dec 11
The first share of the money promised to Saab by Chinese Youngman has arrived into the cash-strapped carmaker's accounts, according to company representatives. READ »

Swedbank hit by 'Twitter- generated' Latvia panic

Business & Money: 12 Dec 11
More than 100 Swedbank cash machines in Latvia were emptied at the weekend following a wave of rumours on Twitter hinting that the Swedish bank was in danger of running out of money. READ »

Black market in Swedish work permits 'booming'

Business & Money: 9 Dec 11
Non-Europeans hoping to come to Sweden to work often pay ten thousands of kronor to come to the country, in what is believed to be a widespread illegal trade in work permits. READ »

Gang helping shoppers steal from Ikea

Business & Money: 6 Dec 11
A criminal gang is helping customers shoplift items from an Ikea store in northern Sweden by offering to carry items out the store's main entrance, allowing shoppers to bypass cashiers. READ »

Shopping for Christmas food in Stockholm

Lifestyle: 1 Dec 11
As the Christmas season approaches in Stockholm, it is very likely that festive food is uppermost in your mind. Luckily, contributor Gwen Ramsey has put together a list of great options for filling your holiday hamper. READ »

Saab backer Antonov held in London: report

Business & Money: 25 Nov 11
Russian financier and once prospective buyer of cash-strapped Swedish carmaker Saab, Vladimir Antonov, has been detained in London, on suspicion of embezzling money from a Lithuanian bank. READ »

Saab backer Antonov suspected of fraud

Business & Money: 23 Nov 11
Lithuanian prosecutors have issued a European arrest warrant for the Russian financier and Saab backer Vladimir Antonov on suspicion of fraud and money laundering. READ »

Cutting through the bull 'sheet' of swearing in Sweden

Lifestyle: 18 Nov 11
While learning Swedish is a common hurdle for immigrants of all stripes, US-native and parent Rebecca Ahlfeldt reflects on how differing definitions of foul language can pose a special challenge for the ex-pat parents of small children. READ »

Sweden's SCA offers Tea Party-backers billions for tissue firm

Business & Money: 10 Nov 11
Swedish paper firm SCA said Thursday that it had placed a 12.6 billion kronor bid to purchase the European tissue wing of US pulp and paper company Georgia-Pacific, a firm owned by Tea Party movement financiers David and Charles Koch. READ »

Greece default 'a threat' to Sweden: minister

Politics: 5 Nov 11
Although the Greek PM Giorgos Papandreou won a narrow vote-of-confidence late Friday, Sweden's European Union Affairs Minister Birgitta Ohlsson warned that a default by Greece would directly threaten Sweden's economy. READ »

Robbers jailed after pooping at crime scene

National: 31 Oct 11
Two men suspected of robbing a strawberry farmer earlier this year and arrested after forensics discovered their faeces near the getaway car, have been sentenced to prison, a Swedish court ruled on Monday. READ »

'The deal was crucial for Saab': expert

National: 28 Oct 11
In the wake of the news that Saab will be bought by Chinese firms Pang Da and Youngman, The Local spoke to business expert Mikael Wickelgren of the University of Gothenburg to get some perspective on what this means for the cash-strapped carmaker. READ »

Police slammed for 'slow' response

National: 28 Oct 11
Swedish police officers' slow response to the spectacular helicopter robbery of a cash depot south of Stockholm in 2009 has come in for stinging criticism from the National Swedish Police Board’s own inspection unit. READ »

Dad forced daughter to feign mental illness

National: 27 Oct 11
A Swedish father stands to face charges for having cashed in over 25,000 kronor ($3,850) a week to take care of his daughter based on a faked diagnosis for mental illness for more than a decade. READ »

Chinese firms stand by Saab bail-out deal

Business & Money: 25 Oct 11
The two Chinese companies pledged to bail out cash-strapped carmaker Saab said on Tuesday that they are still onboard, despite the announcement by owner Swedish Automobile that the deal was off. READ »

Sweden ups cash offer to attract egg donors

Science & Technology: 25 Oct 11
Several Swedish county councils are planning to pay three times as much as the current rate in order to entice more women to become egg donors, hoping to meet increasing demand. READ »

Sweden to pensioners: 'prove you're alive'

Society: 25 Oct 11
Swedish pensioners living abroad will soon be receiving a letter from the Swedish Pensions Agency asking them to fill in a form and report in to the nearest embassy. The reason – to prove they're alive. READ »

Saab pulls plug on China funding deal

Business & Money: 24 Oct 11
Saab owner Swedish Automobile said on Sunday it had terminated a financing deal with the two Chinese firms, seen by many as the only hope of keeping the cash-strapped Swedish carmaker out of bankruptcy. READ »

Thai massage parlours in sex trade raids

National: 24 Oct 11
Police and the tax authorities have launched closer surveillance of Thai massage parlours in Sweden, suspecting that the sharp increase in their number indicates sex trafficking and tax evasion. READ »

Saab CEO rebuffed Chinese purchase bid

Business & Money: 21 Oct 11
Saab CEO Victor Muller rejected an offer by Chinese investors to buy the troubled Swedish automaker outright, throwing a spanner in previous funding agreements and threatening the company's reorganisation bid. READ »

Thieves charged after pooping at crime scene

Society: 19 Oct 11
Three piles of human excrement left at a crime scene in central Sweden served as key evidence in the case against two men charged for tying up and robbing a strawberry farmer earlier this year. READ »

From Sweden to Germany in search of cheap booze

Lifestyle: 14 Oct 11
Tired of Sweden's high alcohol taxes and the state run liquor monopoly? Come along with contributor Patrick Reilly as he details a recent journey to Germany in search of cheap beer. READ »

Swedes propose EU debt crisis solution: report

Business & Money: 6 Oct 11
Swedish politicians are reported to be behind a proposal to allow the European investment bank (EIB) to play a key role in the rescue of troubled European banks. READ »

Volvo's Chinese owner interested in Saab: report

Business & Money: 6 Oct 11
China's Geely, owner of Volvo Cars, has indicated an interest in acquiring a stake in troubled Swedish automaker Saab Automobile, according to media reports. READ »

Global activists receive 'Alternative Nobel' prize

Society: 29 Sep 11
A Chadian lawyer, an international agricultural rights group, a US safe childbirth advocate and a Chinese engineer will share the 2011 Right Livelihood Award, often dubbed the "Alternative Nobel," organisers said Thursday. READ »

Sweden Democrats call for Petzäll to vacate seat

Politics: 26 Sep 11
The Sweden Democrats on Monday called on rogue MP William Petzäll to surrender his seat in Sweden's Riksdag amid claims that he had demanded a sum of cash in return for acceding to the party's wishes. READ »

Court approves Saab's bankruptcy protection bid

Business & Money: 21 Sep 11
The Court of Appeal for Western Sweden has approved Saab's request for protection from creditors while it carries out a business reconstruction. A lower court had previously rejected the request. READ »

Ex-politicians cash in on early pensions pay out

Business & Money: 21 Sep 11
During the first half of 2011 more than 450 former local politicians shared a total of 42 million kronor ($6.3 million) in "temporary" early retirement pensions pay out, according to a new report. READ »

Third union demands Saab bankruptcy

National: 21 Sep 11
IF Metall on Tuesday became the third trade union to ask a court to place cash-strapped carmaker Saab in bankruptcy in order to secure wages for its members. 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 »

'No salary cash at Saab': Muller

Business & Money: 10 Sep 11
Saab Automobile CEO Victor Muller proclaimed on Friday that Saab has the money to pay employee wages, but can't do so because of debts. Muller has now made a u-turn - there is no cash to pay the wages - at least not at Saab. READ »

Saab to appeal creditor protection rejection

Business & Money: 9 Sep 11
Saab will appeal a Swedish court decision to reject the automaker's request for bankruptcy protection, parent company Swedish Automobile announced on Friday. READ »

Thieves use wheel loader in cash machine heist

Business & Money: 9 Sep 11
Thieves driving a wheel loader through the entrance of a supermarket early on Friday morning scooped a cash machine straight out of the wall before disappearing from the scene with their loot. READ »

Swedish court rejects Saab restructuring

Business & Money: 8 Sep 11
Vänersborg district court in western Sweden has rejected beleaguered carmaker Saab Automobile's applications for business restructuring. Chairperson and CEO Victor Muller responded by declaring the firm's intention to appeal. READ »

Crisis-hit Saab files for bankruptcy protection

Business & Money: 7 Sep 11
Swedish automaker Saab Automobile has applied for bankruptcy protection as it continues to battle mounting debts, according to a press release from owners Swedish Automobile. READ »

Swedish teen charged for pocket change extortion

Society: 3 Sep 11
A 15-year-old boy who threatened to beat up a 13-year-old school mate if the latter didn't hand over 20 kronor ($3) is set to appear in court in Gothenburg to face extortion charges. READ »

Bank staff under threat due to cash shortage

Business & Money: 2 Sep 11
Swedish banking giant Nordea’s decision to stop all cash handling at certain offices is exposing staff to threats and offensive behaviour, according to a union for financial sector workers. READ »

Swedish police stealing confiscated goods

National: 1 Sep 11
Valuables worth hundreds of thousands of kronor left in police custody have disappeared in recent years, leading officials to conclude that police employees have been pilfering the goods, according to reports in the Swedish media. READ »

Saab owner's losses increase ten-fold

Business & Money: 1 Sep 11
Swedish Automobile, the owner of beleaguered automaker Saab, on Wednesday announced a massive loss for the first half of the year and was still hunting for funds to restart production. READ »

Saab postpones report as pay doubts remain

Business & Money: 26 Aug 11
Saab Automobile, the owner of cash-strapped Swedish car maker Saab, has decided to postpone the presentation of its interim report as problems regarding the payment of staff wages persist. READ »

Swedish dealers to stop selling Saabs

Business & Money: 22 Aug 11
Several Swedish dealerships have decided to pull Saab cars from their showrooms as debt collectors continue to investigate the troubled Swedish automaker and employees face continued uncertainty about their next paycheck. READ »

Royals rejoice over pregnant princess

National: 19 Aug 11
After Wednesday's news of Crown princess Victoria’s pregnancy, congratulations from King Carl XVI Gustaf and Queen Silvia were published on the Royal Court website on Thursday. READ »

Board raised pay while Saab stood still: report

Business & Money: 18 Aug 11
While the cash strapped carmaker Saab’s production lines stood still the board of directors from mother company Swedish Automobile had a pay increase, according to Swedish media reports. READ »

Students jailed for killing former teacher

National: 15 Aug 11
The man charged with beating a 54-year-old Swedish schoolteacher to death in April was sentenced to nine years in prison on Monday, with his two accomplices receiving shorter prison terms. READ »

New share issue to help raise quick cash for Saab

Business & Money: 15 Aug 11
The owner of troubled Swedish automaker Saab announced on Monday it planned to issue four million new shares via a deal with US-based GEM Global Yield Fund Limited. READ »

Reinfeldt: eurozone crisis 'of your own making'

Politics: 11 Aug 11
After the latest downturn in the global economy Swedish prime minister Fredrik Reinfeldt commented on the situation in Europe for the first time, arguing that it is up to leaders to "act on the promises they have made". READ »

Swedish pensioner charged with 'Nigeria Letter' scam

National: 10 Aug 11
Wednesday saw the start of the trial against a 67-year-old Swedish woman who is charged with having swindled 3.4 million kronor ($517,000) from friends by help of so called "Nigeria Letters". READ »

Saab unions demand answers from CEO

Business & Money: 10 Aug 11
Saab CEO and sole director, Victor Muller, will meet Wednesday with representatives of the four unions at its factory in Trollhättan in western Sweden, who are seeking answers as to how the company will ensure that wages are paid. READ »

Swedes arrest three men over Spain murder

National: 8 Aug 11
Swedish police said on Monday they had arrested three Romanians suspected of murdering an elderly woman during a robbery in Spain. READ »

Fake digs fool flat hunting students

Education: 8 Aug 11
Flat-hunting students in Sweden have been swindled into forking out cash for accommodation that doesn't exist, causing one housing site to issue a warning to its users. READ »

Saab investors line up new meeting - reports

National: 6 Aug 11
Employees at beleaguered car maker Saab are cautiously optimistic after receiving their salaries for July this week and the news that further talks with Chinese Pang Da could take place over the weekend. READ »

Saab staff to be paid after new share issue

Business & Money: 3 Aug 11
Employees at troubled Swedish automaker Saab are finally set to get paid salaries for July after Swedish Automobile, the troubled carmaker's Dutch owner, announed Wednesday it was issuing new shares. READ »

Diamond fever hits Sweden's far north

Business & Money: 2 Aug 11
The mineral rich regions of Sweden's far north have long been mined for their natural resources, one firm is now hoping that diamonds can be added to the list. READ »

No news from Saab as worker discontent mounts

Business & Money: 1 Aug 11
Five days after Saab employees learned they wouldn't receive their salaries for July, the troubled Swedish automaker has yet to update workers about the situation as union members take steps to force the company into bankruptcy. READ »

Antonov can't be an owner in Saab: EIB

Business & Money: 29 Jul 11
Russian tycoon Vladimir Antonov cannot be an owner of Swedish carmaker Saab according to conditions of the European Investment Bank (EIB) loan that helped keep the company afloat, the bank confirmed on Thursday. READ »

Meet Sanna, 9 years old

Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »

Strindberg, king of drama

August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »

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