• Sweden edition

Riksgälden

The following articles have been tagged with "Riksgälden":

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 »

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 »

General Motors mulls blocking Saab sale

Business & Money: 6 Nov 11
US automaker General Motors said Saturday that it may block the sale of Saab to two Chinese companies, citing concerns of its supplier relationship to the insolvent Swedish carmaker. READ »

Chinese officials support Saab deal 'in principle'

Business & Money: 1 Nov 11
A Chinese minister said Tuesday his government supported “in principle” plans by Chinese automakers Pang Da and Youngman to purchase troubled Swedish automaker Saab Automobile. 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 »

Swedish government approves Saab deal

Business & Money: 7 Jul 11
The Swedish government has approved Saab’s property sale, according to a statement issued from the ministry for enterprise and energy on Thursday. READ »

National Debt Office approves Saab deal

Business & Money: 5 Jul 11
The Swedish National Debt Office announced its decision to approve Saab's request to sell a large part of their shares on Tuesday. READ »

Saab's property deal approved by EIB

Business & Money: 4 Jul 11
On Monday the European Investment Bank (EIB) announced its approval Saab’s property sale, which will give the company the much needed cash-injection it sought to acquire through the sale. READ »

Saab production resumes in Sweden

Business & Money: 27 May 11
After seven-weeks of silence, the assembly lines at Saab Automobile's factory in Trollhättan in western Sweden rumbled to life again on Friday thanks to help from new Chinese partner Pang Da. READ »

Saab future in doubt after Chinese fall out

Business & Money: 13 May 11
The future of Swedish car maker Saab was thrown back into doubt without a way into the crucial Chinese market, after a funding deal for the Saab-Spyker group fell through on Thursday. READ »

Questions remain over Saab financing

Business & Money: 4 May 11
There are still uncertainties regarding new financing arrangements for cash-strapped Swedish carmaker Saab despite Tuesday’s announcement of a 'strategic partnership' with Chinese Hawtai Motor Group. READ »

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. READ »

Antonov gets green light for Saab stake

National: 28 Apr 11
Russian financier Vladimir Antonov has received approval from former Saab owner General Motors and the Swedish National Debt Office to become a part owner of troubled Swedish automaker. READ »

Antonov to Sweden for Saab crisis talks

Business & Money: 26 Apr 11
Russian financier Vladimir Antonov is to arrive in Sweden on Tuesday to meet state representatives to discuss the future of crisis-hit Swedish carmaker Saab. READ »

'EIB behind Saab property deal delay'

Business & Money: 21 Apr 11
Beleaguered Swedish carmaker Saab Automobile remains in limbo pending confirmation of a deal to sell property holdings to raise cash, as the European Investment Bank is seeking further assurances, according to a report on Thursday. READ »

Saab faces tough battle to survive: experts

Business & Money: 17 Apr 11
Although the Swedish government helped Saab last week by easing its liquidity issues, many industry observers are skeptical that the company can survive. READ »

'Saab is a brilliant deal': Antonov

Business & Money: 14 Apr 11
Russian financier and potential Saab investor Vladimir Antonov, who remains undaunted by recent troubles the Swedish carmaker, is currently being vetted by the Swedish national debt office. READ »

Saab confirms 'extended' production stoppage

Business & Money: 12 Apr 11
Spyker Cars, the Dutch owner of Sweden's Saab, said Tuesday that production will remain on hold while it searches for a solution to funding problems in order to pay suppliers. READ »

Antonov ready to be an owner of Saab

Business & Money: 10 Mar 11
Russian financier Vladimir Antonov expressed his doubts about sales goals for Saab Automobile on Thursday, adding that the Swedish automaker may need an extra buffer. READ »

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. READ »

Financial authority confirms mortgage cap

Business & Money: 9 Jul 10
The Financial Supervisory Authority (Finansinspektionen - FI) announced on Friday that it will implement new guidelines limiting new mortgages to a maximum of 85 percent of the home's market value. READ »

EU supports Carnegie takeover by government

Business & Money: 14 May 10
The Swedish National Debt Office's (Riksgälden) controversial takeover of investment bank Carnegie in 2008 has been given the green light by the European Commission. READ »

Saab's Russian backer seeks clean slate

Business & Money: 4 Mar 10
Vladimir Antonov, the Russian businessman and backer of Spyker Cars' takeover of Saab, has launched a campaign to clear his name from allegations of money laundering and organised crime. 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 »

Government probe halted Saab-Spyker deal

National: 30 Jan 10
An investigation ordered by the Swedish government into the workings of Spyker and its Russian investors landed on the desk of the FBI and put a temporary stop to the Saab deal being reached. READ »

Saab deal not yet done: General Motors

National: 25 Jan 10
General Motors and the Swedish government have both poured cold water on rumours that Saab has been sold to Dutch sports car maker Spyker. "Negotiations are still ongoing," according to a GM spokesman. READ »

Spyker boss to Sweden over Saab future

National: 23 Jan 10
Negotiations between General Motors and Dutch luxury car maker Spyker over the future of Saab were believed to have moved to Stockholm on Friday, with media reports stating Spyker CEO Victor Muller paid a visit to the capital. 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 »

Questions from Brussels may threaten Saab sale

Business & Money: 4 Nov 09
An emergency loan vital to completing the sale of Saab Automobile has been held up by questions from the European Commission, possibly jeopardizing the proposed deal. READ »

Koenigsegg countdown to seal Saab deal

Business & Money: 26 Sep 09
The buy-out of Saab Automobile by the Koenigsegg Group hangs in the balance after co-owner Bård Eker states the company could withdraw its offer if business is not concluded in the next few days. READ »

Sweden refuses to fill capital hole in Saab deal

Business & Money: 19 Aug 09
The Swedish government has refused a request from Koenigsegg Group to lend a further 3 billion kronor ($412 million) to enable the firm to complete the purchase of Saab Automobile AB from ailing US giant General Motors. READ »

Saab hits brakes amid cash crunch

Business & Money: 30 Jun 09
Saab Automobile has the capacity to manufacture and sell more cars, but currently lacks the money it needs to do so. READ »

Swedish debt soars to 200 billion kronor

Business & Money: 12 Jun 09
Sweden's lending to crisis-ridden Iceland and to domestic banks struggling in the Baltics has contributed to a vast upward revision of the country's debt for 2009. READ »

Sports car maker buys Saab: report

Business & Money: 11 Jun 09
Sporty Swedish car maker Koenigsegg has teamed up with a group of Norwegian investors to buy Saab from General Motors, according to Swedish media reports. READ »

Krona slides further on Baltic economy worries

Business & Money: 28 May 09
Concerns about economic developments in the Baltic region are the likely cause of the krona’s steady slide in recent days, according to several experts. READ »

Riksbank to boost foreign currency reserves

Business & Money: 27 May 09
The Swedish krona weakened somewhat on Wednesday following an announcement from the Riksbank that it planned to borrow 100 billion kronor of foreign currency. READ »

Sweden plans to issue first ever 30-year bond

Business & Money: 19 Mar 09
Sweden's Debt Office said on Thursday it planned to issue its first ever 30-year nominal bond and would probably release details of the issue early next week. READ »

Wise currency position yields profit for Sweden's Debt Office

Business & Money: 6 Mar 09
Sweden's National Debt Office reported on Friday that it made 2.5 billion kronor ($271 million) by taking an active position for a stronger dollar against the euro READ »

Public bailouts cause Sweden's deficit to swell

Business & Money: 5 Mar 09
Sweden’s National Debt Office said on Wednesday it expects the country’s budget deficit to balloon to 135 billion kronor ($14.7 billion) in 2009. READ »

AMF Pension CEO named Sweden's top businesswoman

Business & Money: 4 Mar 09
Ingrid Bonde, the head of Swedish pension firm AMF Pension, has been named Sweden’s most powerful businesswoman by a leading business magazine. READ »

Carnegie sold by Sweden's debt office

Politics: 11 Feb 09
Sweden’s National Debt Office has agreed to sell the Carnegie investment bank for a total of 2.28 billion kronor ($276 million), the agency announced on Wednesday. READ »

Government details crisis measures

Business & Money: 22 Jan 09
The government on Thursday presented a government bill containing measures to counteract Sweden's current economic crisis, including emergency loans to the country’s struggling auto sector. READ »

Sweden faces rising budget deficit

Business & Money: 15 Jan 09
Swedish government borrowing is expected to increase over the next two years as the National Debt Office raises its budget deficit forecast for 2009 and 2010. READ »

Mogul's losses could cost Handelsbanken millions

Business & Money: 8 Jan 09
The stock deals by finance and real estate tycoon Maths O. Sundqvist which brought down the Carnegie investment bank may also end up costing Handelsbanken close to one billion kronor ($127 million). READ »

Sweden's Debt Office announces krona purchase

Business & Money: 17 Dec 08
Sweden’s National Debt Office announced plans to purchase up to 15 billion kronor ($1.9 billion) and increase its share of foreign currency debt in an effort to reduce the costs of servicing Sweden’s government debt. READ »

Carnegie to be broken up for eventual sale

Business & Money: 21 Nov 08
Sweden's National Debt Office said on Friday it plans to sell Carnegie's investment banking arm and insurance broker Max Matthiessen as separate units. 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 »

State hopes to sell Carnegie 'in one piece'

Business & Money: 11 Nov 08
The new chair of recently nationalized Carnegie said on Tuesday he hopes the beleaguered Swedish investment bank can be sold in one piece, but that other alternatives are also under consideration. READ »

Swedish state takes over Carnegie

Business & Money: 10 Nov 08
Sweden’s Financial Supervisory Authority announced on Monday afternoon that it was revoking the licence of the embattled Carnegie investment bank and that the bank was to be taken over by the National Debt Office. READ »

Crisis to turn Sweden's budget surplus into deficit

Business & Money: 4 Nov 08
Sweden announced on Tuesday it was cutting its 2008 budget surplus forecast, saying the financial crisis would result in a deficit next year rather than the surplus forecast earlier. READ »

Swedbank signs up to crisis fund

Business & Money: 4 Nov 08
Swedish bank Swedbank has said it plans to sign up to the loan guarantee programme contained within the government's financial stability package. READ »

Borg rips Swedish banks over bonuses

Business & Money: 31 Oct 08
Sweden’s finance minister Anders Borg lashed out at the country’s major banks and financial institutions on Friday for their hesitation to participate in the government’s financial sector support programme. 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 »

What happens to my money if my Swedish bank goes bust?

Analysis & Opinion: 6 Oct 08
Ask The Local: Are your savings safe if your bank collapses? We find the answers. READ »

Riksbank throws banks another lifeline

Business & Money: 6 Oct 08
The Riksbank announced on Monday that it was increasing the credit it is making available to Sweden’s banks from 60 billion kronor ($8.3 billion) to 100 billion kronor. READ »

Swedish treasury bill sales lower than expected

Business & Money: 29 Sep 08
Sweden's debt office has said the demand for treasury bills has not been not as high as first feared when it stepped in earlier this month to soothe market tensions. READ »

Debt office completes second T-bill auction

Business & Money: 23 Sep 08
Sweden's National Debt Office (Riksgälden) announced on Tuesday it has sold 22.7 billion kronor ($3.48 billion) worth of treasury bills out of 25 billion on offer in a second extra auction to soothe tense local markets. READ »

Sweden to auction more treasury bills

Business & Money: 19 Sep 08
Sweden’s National Debt Office (Riksgälden) announced on Thursday it would issue up to 150 billion kronor ($22.4 billion) in additional treasury notes to satisfy increased demand for safe investments amid the global financial crisis. READ »

Sweden's Debt Office halts t-bill trading

Business & Money: 18 Sep 08
The Swedish National Debt Office (Riksgälden) announced on Thursday it was putting a temporary hold on its market commitment in treasury bills. READ »

Sweden's state coffers bulge further

Business & Money: 9 Jun 08
The Swedish government had a surplus in payments of 13.5 billion kronor ($2.28 billion) in May, the Swedish National Debt Office (Riksgälden) said. READ »

Sweden lowers budget surplus forecast

Business & Money: 27 Feb 08
The National Debt Office lowered its 2008 budget surplus estimate by 12.9 percent READ »


Highlights from Follow Sweden

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 »

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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 »


Blog Update: Julie's Nordic Island

12 February 21:30

The consciousness of one »

"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »

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Highlights from Follow Sweden
Swedish word of the day

fin

adjective

Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.


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New book about Sweden – get to know the country

Sweden – Up North, Down to Earth is a book about Sweden today. A country of natural beauty and open space, and a society focused on equality, human rights and sustainability. Meet regular and astonishing Swedes, supercars and indie rock bands, vampires and royalties.

Buy your copy of Sweden – Up North, Down to Earth from Sweden Bookshop

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