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May 28, 2012
Gdp
The following articles have been tagged with "Gdp":
IMF warns Swedish economy 'vulnerable'
Business & Money: 16 May 12
The growth of the Swedish economy is vulnerable due to its exposure to weak European economies, International Monetary Fund wrote in a report released on Tuesday.
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No change for Sweden interest rate: Riksbank
Business & Money: 18 Apr 12
Sweden's central bank is holding the country's benchmark interest rate steady at 1.5 percent, the Riksbank announced on Wednesday, saying the Swedish economy was showing some "positive signs".
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Sweden slashes 2012 growth forecast
Politics: 16 Apr 12
The Swedish economy is set for a major slowdown in 2012, according the spring budget presented on Monday by finance minister Anders Borg, who warned for the "downside risks" amid the continued economic uncertainty.
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'Sweden needs laws against politicians' reckless spending'
Analysis & Opinion: 28 Mar 12
Sweden should change its constitution to ensure that spendthrift politicians don't leave the economy in ruins, argues Jacob Lundberg of the Moderate party's youth wing.
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Swedish study warns of greenhouse gas threat
Science & Technology: 21 Mar 12
Greenhouse gases are on track to cause $2 trillion in damages annually to the world's oceans, a new Swedish study has found.
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Sweden's industrial output soars: report
Business & Money: 9 Mar 12
Sweden's industrial output is on the rise, reported Statistics Sweden on Friday, revising some of its 2011 figures due to a calculation error.
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Why Sweden has had a good crisis
Analysis & Opinion: 2 Mar 12
Stockholm University professor Lars Calmfors explains why Sweden has so far escaped relatively unscathed from the financial crisis - and how the latest bout of uncertainty might affect the economy.
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Swedish economy hit by eurozone troubles
Business & Money: 29 Feb 12
Sweden's economy contracted in the last quarter of 2011, shrinking by 1.1 percent compared to the previous quarter and showing the export-dependent economy's vulnerability to the eurozone crisis.
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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).
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Can Hollywood's 'Tattoo' capture Sweden's dark side?
Lifestyle: 16 Dec 11
As the world awaits the impending release of the Hollywood version of “The Girl With the Dragon Tattoo”, The Local's Geoff Mortimore looks at whether the capital of the US film industry can accurately portray Sweden's dark underbelly.
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Laureates accept Nobel prizes in Stockholm
Society: 10 Dec 11
Sweden’s King Carl XVI Gustaf handed out the Nobel prizes in medicine, literature, economics, physics and chemistry the 2011 laureates at a gala ceremony in Stockholm on Saturday.
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Tougher demands for Sweden's biggest banks
Business & Money: 25 Nov 11
Sweden on Friday announced plans to beef up the capital adequacy requirements for the country's four largest banks to help protect the Swedish banking system amid the ongoing eurozone debt crisis.
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Sweden: hard at work or hardly working?
Analysis & Opinion: 9 Nov 11
Swedes have a reputation for studying longer, working fewer hours and enjoying more holiday leave than people in most other comparable countries, while others argue that the careerism rat race has taken hold. What do you think?
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Two Americans share economics Nobel
National: 10 Oct 11
The 2011 Nobel prize in economics has been awarded to US-based economists Thomas J. Sargent and Christopher A. Sims for “their empirical research on cause and effect in the macroeconomy”.
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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.
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Sweden runner up in 'reputation' ranking
National: 29 Sep 11
Sweden has been placed second behind Canada in a ranking of countries with the best reputation in the world, in a new study linking a country's image with foreign investment and tourism receipts.
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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.
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Riksbank leaves repo rate unchanged
Business & Money: 7 Sep 11
Sweden's Riksbank announced on Wednesday that they have decided to hold the country's main interest rate unchanged at 2 percent and to postpone future increases.
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Sweden faces economic slowdown: report
Business & Money: 31 Aug 11
Sweden's National Institute of Economic Research (NIER) has cut its forecast for Swedish growth and sees a significant risk that the eurozone debt crisis could worsen.
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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.
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Swedish economy continues to grow
Business & Money: 29 Jul 11
Sweden's economy grew by one percent in the second quarter of 2011, according to new statistics, with year-on-year growth reaching 5.3 percent.
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Slower growth ahead for Swedish economy: report
Business & Money: 22 Jun 11
Sweden's economic growth is expected to slow further in 2011 following record strong growth in 2010, according to a new forecast from the Sweden's National Institute of Economic Research.
READ »
Swedish GDP grows by 6.4 percent
Business & Money: 27 May 11
The Swedish economy continues to expand, growing by 6.4 percent in the first quarter of 2011, according to new statistics, although GDP growth has slowed slightly.
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Nobel winners urge UN action to save the planet
Science & Technology: 19 May 11
Around 20 Nobel laureates on Wednesday urged world leaders to promote global sustainability in the "Stockholm Memorandum" which was then passed to a special UN committee.
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Sweden 'fourth most competitive country'
Society: 18 May 11
Sweden has climbed to fourth place among the world’s most competitive countries, according to an annual ranking compiled by the Swiss business school IMD.
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Sweden’s Saab - back to the future?
Analysis & Opinion: 28 Apr 11
With Swedish carmaker Saab once again teetering on the brink of financial disaster a little over a year after it was saved from bankruptcy, The Local’s Peter Vinthagen Simpson reviews the recent trials and tribulations of this once iconic brand.
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Alliance tax cuts top 100 billion kronor
Politics: 23 Apr 11
The center-right Alliance in Sweden has lowered taxes by over 100 billion kronor since 2006 with the most generous tax breaks going to those in work.
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Sweden's Riksbank raises interest rates
Business & Money: 20 Apr 11
Sweden's Riksbank on Wednesday announced that it has raised the base repo rate by 0.25 percent to 1.75 percent, while maintaining its rate forecasts for 2011 and 2012.
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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.
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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.
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Swedish unemployment falls to below 8 percent
Business & Money: 17 Mar 11
Sweden's unemployment rate dropped to 7.9 percent in February according to official statistics, as the rapid recovery from recession gathered pace.
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Minister: housewives threaten EU economy
Politics: 8 Mar 11
The EU's GDP could increase by almost 30 percent if more women in Europe worked, according to Sweden EU Minister Birgitta Ohlsson, who warned that "a Jurassic Park filled with old men" may be the alternative.
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Sweden boosts economic growth forecast
Business & Money: 4 Mar 11
Sweden hiked its 2011 economic growth forecast on Thursday, predicting a substantial drop in unemployment on the heels of upbeat economic statistics released earlier in the week.
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Riksbank head: financial crisis 'over' in Sweden
National: 3 Mar 11
The head of Sweden's central bank said on Thursday that the financial crisis is over, but warned about the potential risks associated with an increasingly strong krona.
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'Record growth' for Sweden's economy
Business & Money: 1 Mar 11
The Swedish economy expanded at a record 7.3 percent in 2010, a growth rate not seen in the country since 1970.
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'Turkey and the EU need each other': Bildt
Politics: 16 Feb 11
Granting membership to Turkey would strengthen the European Union, Swedish Foreign Minister Carl Bildt argued in his annual foreign policy statement to the Riksdag.
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Sweden's central bank hikes interest rate
Business & Money: 15 Feb 11
Sweden's central bank, the Riksbank, has hiked its interest rate by 0.25 percentage points to 1.5 percent and at the same time increased its forecast for future interest rates.
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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.
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Sweden 'strong like Pippi Longstocking': OECD
Business & Money: 20 Jan 11
The head of the OECD compared the strength of the Swedish economy to that of the popular Astrid Lindgren's character during a conference in Stockholm on Thursday.
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'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.
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'Swedish model' of healthcare set for export
National: 16 Jan 11
The Swedish government is considering taking advantage of the good reputation its healthcare system has overseas and promoting the concept for export abroad.
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'Lower mortgage interest tax break': Liberal Party
Business & Money: 5 Jan 11
Reducing Sweden's mortgage interest tax break would help protect against unwanted bubbles in the housing market, a prominent Liberal Party politician has argued.
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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 »
Riksbank raises interest rate by 0.25 percent
Business & Money: 15 Dec 10
Sweden’s central bank, the Riksbank, once again hiked the country’s benchmark interest rate by 0.25 percent on Wednesday, bringing the interest rate up to 1.25 percent.
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FT ranks Borg fourth of EU financial chiefs
Business & Money: 6 Dec 10
Swedish Finance Minister Anders Borg came in fourth among a ranking of 19 European finance ministers published by the Financial Times (FT) newspaper on Monday.
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Swedish companies spend less on R&D
Business & Money: 2 Dec 10
Swedish enterprises are spending less on research and development, with the majority of spending concentrated in the country's metropolitan areas.
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Swedish economy posts record growth
Business & Money: 29 Nov 10
Sweden's economy continued its rapid expansion in the third quarter, easily beating analyst expectations and registering the highest year-on-year GDP growth rate on record, the national statistics agency reported on Monday.
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Swedish optimism on economy grows
Business & Money: 25 Nov 10
A research institute has revealed that while optimism among Swedes regarding the country's economy has increased, they are feeling less positive about their own household finances.
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Swedish budget surplus by 2011: report
Business & Money: 16 Nov 10
Sweden is expected to be running a budget surplus in 2011, according to a new forecast from the country’s National Debt Office.
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Sweden 'threatens the global economy': study
Business & Money: 12 Nov 10
An American think tank has criticised Sweden for maintaining a constant current account surplus, arguing that doing so poses a threat to the functioning of the global economy.
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Riksbank head warns of soaring household debt
Business & Money: 11 Nov 10
The head of Sweden's central bank has warned against expanding household debt, pointing out that it plays a significant role in the bank's decisions to raise interest rates.
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Red-Greens propose billions for cities
Politics: 25 Oct 10
The Red-Green coalition has set aside 6.5 billion kronor ($991.2 million) more in its shadow budget for local governments than the centre-right Alliance government has for 2011.
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Britain looks to Sweden for austerity plan ideas
Analysis & Opinion: 24 Oct 10
As Britain braces for massive spending cuts, observers say Prime Minister David Cameron should take note of Sweden's successful battle to shrink its huge deficit in the 1990s, writes AFP's Nina Larson.
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Understanding the Social Democratic collapse
Analysis & Opinion: 13 Oct 10
The Social Democrats' stinging defeat in Sweden’s September 19th election is part of a systemic shift in European society, write Moderate Party MP Johnny Munkhammar and Nima Sanandaji of the Captus think tank.
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Sweden amends growth forecast
Business & Money: 12 Oct 10
The Swedish government has forecast higher economic growth in 2010, but projects growth to slow more than expected in 2011 according to the financial outlook included in the budget proposition made public on Tuesday.
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Sweden's GDP continues growth in second quarter
Business & Money: 22 Sep 10
Sweden's GDP continued its strong development in many areas in the second quarter, rising 4.6 percent in seasonally adjusted figures compared to the same quarter last year, Statistics Sweden reported on Wednesday.
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Economy trumps welfare worries in tight Swedish election
Analysis & Opinion: 21 Sep 10
With the final results hinging on a few thousand advance ballots, the 2010 elections marked a major shift in Swedish politics, while at the same time showing the power of a strong economy, writes contributor Roger Choate.
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Swedes perform poorly in charitable giving survey
Business & Money: 10 Sep 10
Sweden came in 45th place among 153 countries in a survey measuring charitable behaviour around the world, tied with neighbouring Finland, as well as Lebanon, Zambia, and Ghana.
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Borg: Strong economic recovery continues
Business & Money: 8 Sep 10
Sweden appears to be making a spectacular recovery from the deep recession its export-reliant economy experienced during the global financial crisis.
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Swedish GDP growing faster than expected
Business & Money: 8 Sep 10
Sweden's second quarter GDP growth was even greater previously reported, according to revised figures from Statistics Sweden.
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Fiery debate over Red-Green spending plan
Politics: 1 Sep 10
Anders Borg on Wednesday took aim at the opposition’s "rampant" spending programme, prompting his Social Democratic counterpart to call the finance minister's analysis "defective and silly".
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Sweden's economy in good shape: report
Business & Money: 31 Aug 10
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.
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Nordea upbeat on Swedish economy
Business & Money: 30 Aug 10
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 »
Sweden hikes growth forecast for 2010, 2011
National: 20 Aug 10
Sweden's government on Friday raised its economic growth forecast to 4.5 percent for 2010 and to 4.0 percent in 2011, a dramatic shift from previous estimates of 3.3 percent and 3.8 percent respectively.
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Sweden earns praise for public finances
National: 14 Aug 10
Ratings agency Fitch praised Sweden on Friday for its handling of the financial crisis as the country retained its AAA long-term foreign currency debt rating.
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Borg: economy will continue to strengthen
Politics: 5 Aug 10
The Swedish economy will continue to strengthen in coming months, Finance Minister Anders Borg has said. But he also warned that there remained risks to global economic stability.
READ »
Sweden reports 3.7% GDP growth in Q2
Business & Money: 30 Jul 10
Sweden's gross domestic product (GDP) grew by 3.7 percent in the second quarter compared with the same period last year, Statistics Sweden (Statistiska centralbyrån, SCB) reported on Friday.
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Swedes more positive about economy: study
National: 29 Jul 10
Consumer confidence in the economy among Swedes is considerably more positive than normal, the National Institute of Economic Research (Konjunkturinstitutet) wrote in its latest monthly barometer.
READ »
Swedish growth to slow in 2011: IMF
Business & Money: 20 Jul 10
Swedish growth will slow in 2011, from around 3 percent today to 1.9 percent, according to a new prognosis from the International Monetary Fund (IMF).
READ »
Sweden hikes GDP forecast
Business & Money: 5 Jul 10
The Swedish government has raised its forecast for growth and calculated that Sweden's GDP will grow by 3.3 percent in 2010, 0.8 percent up on the forecast presented in its spring budget.
READ »
Riksbank raises repo rate to 0.5 percent
Business & Money: 1 Jul 10
Sweden's central bank, the Riksbank, has raised its key interest rate by 0.25 percentage points to 0.5 percent on Thursday, matching most analyst estimates.
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Swedes pay less tax than the Danes
Business & Money: 29 Jun 10
Danes pay the highest level of tax in the EU, measured as a tax-to-GDP ratio, pushing Sweden into second place with a a tax take of 47.1 percent, new statistics show.
READ »
Swedish consumers optimistic about future
Business & Money: 23 Jun 10
Swedish consumers are increasingly confident of the prospects for the country’s economy, according to a new report, but growth could be hit by austerity measures in Europe.
READ »
Sweden tops EU development aid list
National: 10 Jun 10
Sweden spends more per capita on development aid than all other EU countries, according to a new report which has slammed the failure of some member states for not doing enough to live up to spending goals.
READ »
IMF praises Sweden for handling of crisis
Business & Money: 7 Jun 10
The International Monetary Fund (IMF) has praised both Sweden's central bank, the Riksbank, and the Swedish government for their handling of the economic crisis.
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Moderates pledge to uphold job security law
Business & Money: 4 Jun 10
The Moderate Party has pledged to uphold Sweden's generous employment security laws, despite its Alliance partners' wishes to make fundamental reforms.
READ »
Swedish growth hits European big league
Business & Money: 28 May 10
Sweden has exceeded analysts' economic forecasts with quarterly growth up 1.4 percent and year-on-year figures placing the country at the top of the European pile.
READ »
Borg calls on EU partners to disclose deficit cuts
Business & Money: 17 May 10
Sweden's Finance Minister Anders Borg has demanded that Spain and Portugal disclose their plans to reduce budget deficits at a meeting of eurozone finance ministers in Brussels that begins later on Monday.
READ »
Swede stress lowest in the world: study
National: 3 May 10
Swedish business leaders suffer the lowest rate of increased stress in the world, far behind their Chinese and Mexican counterparts, according to a new survey.
READ »
Riksbank votes no to base rate hike
Business & Money: 20 Apr 10
The Swedish Riksbank has decided to leave base interest rates unchanged at 0.25 percent, it was announced on Tuesday.
READ »
Borg cuts GDP forecast in spring budget
Politics: 15 Apr 10
Sweden's finance minister Anders Borg presented the spring fiscal policy proposal on Thursday and announced a cut in the GDP growth forecast to 2.5 percent in 2010, 3.9 percent in 2011 and 3.5 percent in 2012.
READ »
Swedish economy on the mend
Business & Money: 23 Mar 10
Sweden is expected to post a budget surplus next year as the effects of the financial crisis continue to recede, according to a financial authority report.
READ »
Debt office forecasts boost to state coffers
Business & Money: 3 Mar 10
The Swedish National Debt Office (Riksgälden) has forecast that state finances will recover quicker than expected and anticipates financial scope for government spending in time for the autumn election.
READ »
Sweden's GDP growth at post-war low
Business & Money: 1 Mar 10
Sweden's GDP declined by 1.5 percent in the fourth quarter, making 2009 the worst year for growth since World War Two, according to a new report from Statistics Sweden (SCB).
READ »
'Don't force mothers to stay at home'
Analysis & Opinion: 25 Feb 10
The European Commission's proposed new directive on maternity leave is well-meaning but fatally flawed, argues Minister for EU Affairs Birgitta Ohlsson.
READ »
State warns of housing boom and bust
National: 23 Feb 10
The National Housing Credit Guarantee Board has warned that Sweden stands on the precipice of a house price crash. When the bust arrives prices can be expected to fall by 20 percent, according to a new report.
READ »
Fees make competition for students more equal
Analysis & Opinion: 19 Feb 10
A bill proposing tuition fees for students from non-EU countries will enable Sweden to compete on a more level playing field with universities in other countries, argues Niklas Tranæus from the Swedish Institute.
READ »
Stockholm 'one of Europe's richest regions'
Business & Money: 18 Feb 10
The Stockholm area is one of the ten richest regions in the European Union, according to new figures from Eurostat, the EU's statistics agency.
READ »
Riksbank mulls summer interest rate hike
National: 11 Feb 10
The Swedish Riksbank on Thursday announced its decision to leave the benchmark interest rate unchanged at 0.25 percent. The bank forecast that rates will be raised in the "summer or early autumn."
READ »
Sweden bullish about prospects for growth
Business & Money: 27 Jan 10
The Swedish government released a more optimistic forecast for the economy on Wednesday, announcing it expects the country’s GDP to climb by 3.0 percent in 2010.
READ »
Borg seeks US-inspired European bank tax
Business & Money: 19 Jan 10
Swedish Finance Minster Anders Borg on Tuesday called for a European bank tax similar to a new US scheme, in an attempt to rectify shabby public finances and create a cushion to protect against future financial crises.
READ »
Crisis takes its toll on Sweden's balance sheet
Business & Money: 12 Jan 10
Sweden’s state finances deteriorated markedly during 2009, with the National Debt Office reporting a deficit of 176 billion kronor ($24.8 billion) for the year.
READ »
Agency blasts Sweden's 'most expensive' ranking
Society: 11 Jan 10
The Swedish Institute has slammed as “nonsense” an index released last week which ranked Sweden as the most expensive country in the world.
READ »
From Silicon Valley to Stockholm: Meeting the US Ambassador, Part 2
Analysis & Opinion: 28 Dec 09
In Part 2 of a two-part interview, US Ambassador Matthew Barzun talks to The Local's David Landes about succeeding President Bush's envoy, eco-friendly former Ambassador Michael Wood; the significance The Pirate Bay; and, introducing TED.
READ »
Swedish economy over the worst: report
Business & Money: 18 Dec 09
Sweden's economy is showing strong signs of recovery with tax cuts and low interest rates helping to bring the country out of a protracted slump, according to a new report from the National Institute of Economic Research.
READ »
Riksbank leaves interest rates unchanged
Business & Money: 16 Dec 09
The Riksbank decided on Tuesday to leave the leave Sweden’s benchmark interest rate unchanged at 0.25 percent, but indicated that rate hikes were likely later in 2010.
READ »
Borg sees the light for State’s finances
National: 4 Dec 09
The State’s finances will recover faster than what was earlier estimated, following Sweden’s faster-than-expected recovery from the financial crisis, the government has announced.
READ »
Borg 'more optimistic' about Swedish economy
Business & Money: 9 Nov 09
The Swedish economy is set to return to growth next year, but unemployment will remain high, according to a new forecast from finance minister Anders Borg.
READ »
Budget bill sees Sweden shedding more jobs
Business & Money: 21 Sep 09
Sweden's unemployment will climb above 11 percent, according to the 2010 budget bill presented by the government to the Riksdag on Monday, requiring measures focused on job creation and jump-starting growth.
READ »
Swedish companies still struggling for funding
Business & Money: 18 Sep 09
Swedish companies are still finding it hard to get funding on the financial markets, despite signs of economic recovery, the Riksbank's deputy governor has said.
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 »
Prime Minister Reinfeldt chats with The Local »
"If you missed it yesterday, here’s The Local’s editor David Landes snagging Prime Minister Reinfeldt for a chat before Princess Estelle’s baptism. Always nice to know the PM has time for TL!" READ »
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