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May 28, 2012
Spending
The following articles have been tagged with "Spending":
Irish invasion as Gaelic football hits Stockholm
Lifestyle: 10 May 12
The opening of the Nordic Gaelic football championships takes place this weekend in Stockholm, and with more Irish people coming to Sweden to escape their homeland's economic gloom, the event promises to be the biggest yet.
READ »
Global weapons spending levels out: Swedish think tank
Science & Technology: 18 Apr 12
Global spending on arms totalled $1.740 trillion last year, a figure which is largely the same as in 2010 in real terms, new figures from the Stockholm International Peace Research Institute (SIPRI) show.
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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.
READ »
Indian grad student found dead
National: 14 Apr 12
A 25-year-old Indian graduate student at the Blekinge Institute of Technology who was reported missing in late January, has been found dead in Ronneby harbour.
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Allsvenskan football 2012: a season preview
Lifestyle: 28 Mar 12
This Saturday the Allsvenskan, Sweden’s premier football league, starts a new season. Contributor Nic Townsend takes a look at each team and their prospects for 2012.
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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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Fraudsters use loot to go on stamp-buying binge
Business & Money: 26 Mar 12
A man and a woman from Sundsvall in northern Sweden are under suspicion for skimming bank cards of hundreds of thousands of kronor and buying postage stamps for the money.
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Charles and Camilla hit Stockholm
National: 22 Mar 12
Prince Charles and his wife Camilla, Duchess of Cornwall, arrive in Sweden shortly after lunch on Thursday, after spending a few days in Norway on their official trip to Scandinavia.
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Swedish MP charged with drugs offences
Politics: 21 Mar 12
Independent Swedish MP William Petzäll, who left the Sweden Democrats amidst a battle with substance abuse, has been charged with drugs crimes.
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Sweden's foreign tourist figures fail to impress
Business & Money: 21 Mar 12
Foreign tourists continue to visit Sweden, but not in the numbers expected by experts, who been forced to dial down their expectations for the future of Swedish tourism.
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Sweden's 'immigrants' find Big Apple success
Analysis & Opinion: 20 Mar 12
Frustration with being shut out of the Swedish job market has prompted several Swedes with immigrant backgrounds to seek – and find – success in the melting pot that is New York City, contributor Rafaela Stålbalk discovers.
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Booze and butter boost Norwegians' Swedish spending spree
Business & Money: 7 Mar 12
Cheap Swedish alcohol and a plentiful supply of butter helped entice Norwegians to spend more than 13 billion kronor ($1.9 billion) during one-day shopping trips to Sweden last year, new statistics show.
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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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How to lead international teams: drop the stereotypes
Education: 21 Feb 12
When figuring out how to manage an international team it's easy to fall back on tired stereotypes. But a better strategy is for managers to start closer to home, a new course at Företagsuniversitetet in Stockholm teaches.
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Stockholm parking spots pricier than apartments
Business & Money: 21 Feb 12
A 700,000 kronor ($105,051) asking price didn't stop the sale of a parking spot in Stockholm's trendy Östermalm district where the price for real estate designated for cars can exceed the per square-metre price of nearby apartments.
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'Being a stay-at-home mum is easier for expats'
Analysis & Opinion: 17 Feb 12
Although parenthood is never simple, US-native and parent Rebecca Ahlfeldt finds that being a stay-at-home-mum might be just that bit easier if you're an ex-pat than amid your peers at home.
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Sweden cuts repo rate further amid 'uncertainty'
Business & Money: 16 Feb 12
The Riksbank cut Sweden's benchmark interest rate by a quarter point to 1.5 percent on Thursday, as slower growth in the euro area took its toll on Sweden's economic prospects.
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Valentine's Day in Sweden - readers' sweet tweets and love stories
Society: 14 Feb 12
With Valentine's day upon us again, The Local called for messages from the star-crossed lovers of Sweden, who sent us their loving letters and sweet tweets in a celebration of love in Sweden.
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Locked up paedophile accessed child porn
Science & Technology: 25 Jan 12
A man convicted for child pornography crimes and over seventy counts of child rape is believed to have smuggled a memory stick with child pornography into a Swedish psychiatric ward where he is serving time.
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Meeting your neighours, the Swedish way
Analysis & Opinion: 24 Jan 12
While Swedes may have a reputation of being somewhat shy and reserved, that doesn't mean it's impossible to become friends with your Swedish neighbours, writes US-native and parent Rebecca Ahlfeldt.
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How to lose Swedish friends in just 10 days
Lifestyle: 20 Jan 12
Tired of navigating the minefield of unspoken rules and social codes required to be accepted in Sweden? Then check out The Local's guide on how to rub Swedes the wrong way.
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 »
Swedes' disdain for the euro hits new heights
Analysis & Opinion: 27 Dec 11
The debt crisis plaguing the eurozone has left Swedes loving their cherished krona more than ever, a sentiment shared by non-euro country Denmark as well, as both struggle to keep the euro's woes from hurting their own economies.
READ »
Storm Dagmar leaves 'chaos' in its wake
National: 26 Dec 11
Although storm Dagmar has moved on, "chaos" is reportedly left in its wake, with most rail traffic at a standstill, hundreds of thousands of households without power and fallen trees blocking many roads.
READ »
Ashton Kutcher in 'secret' Stockholm visit
Society: 22 Dec 11
Hollywood star Ashton Kutcher swept into Stockholm on Wednesday, spending time at the headquarters of Swedish music streaming service Spotify before heading out for a night on the town.
READ »
Sweden to tourists: frolic in our forests
Business & Money: 21 Dec 11
Hot on the heels efforts to turn Sweden into the world's culinary capital, the government is set to announce a new initiative meant to make Sweden's vast forests one of the country's primary tourist attractions.
READ »
Occupy Stockholm: 'We have no goal'
National: 19 Dec 11
It’s a movement without leaders and it kicked off with a bang in mid-October when Stockholmers joined hundreds of cities worldwide in protesting. Contributor Judi Lembke finds out more about the Swedish Occupy movement.
READ »
Teacher's teen sex text leads to child porn stash
National: 15 Dec 11
A school teacher from southern Sweden was charged on Thursday after the investigation into a sex-themed text message he sent to a 13-year-old student revealed over 6 hours of child porn material on his computer.
READ »
Sweden's best Christmas beers: a selection
Lifestyle: 9 Dec 11
For many Swedes, Christmas celebrations just aren't complete without a tasty glass of Christmas beer. Beer blogger Darren Packman offers some tips on some of the best Christmas beers available in Sweden this season.
READ »
Life sentence the 'only option': prosecutor
National: 2 Dec 11
Prosecutors are demanding life for the 28-year-old who killed a female guard at Flemingsberg remand facility south of Stockholm. The accused has admitted to his crimes, but wants a fixed sentence.
READ »
How do Swedes survive?: director David Fincher
Analysis & Opinion: 1 Dec 11
After spending last winter in rural Sweden recording the Hollywood version of "The girl with the dragon tattoo", director David Fincher was left baffled as to how Swedes survive the cold, dark months. The Local has found out how.
READ »
Sweden Democrats sue parliament
Politics: 30 Nov 11
The Sweden Democrats have sued the Riksdag in the administrative court after they lost their financial support for former member William Petzäll, who left the party in the autumn.
READ »
'Svennis' Eriksson in talks over Iran move
Sport: 24 Nov 11
Former England manager Sven-Göran Eriksson has held talks with Persepolis FC over the prospect of becoming the Iranian football team's next coach.
READ »
Ten reasons to spend winter in Sweden
Travel: 23 Nov 11
While Sweden seems to be at its most captivating during the warm summer months of June to August, here’s an insider tip — the country is just as beautiful during the height of winter. Here are 10 reasons to visit Sweden during winter.
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 »
WikiLeaks and Julian Assange: a timeline
Analysis & Opinion: 2 Nov 11
A timeline of WikiLeak's rise to prominence and subsequent attempts to clamp down on the site and extradite its founder, Julian Assange, who on Wednesday lost an appeal of his extradition to Sweden to answer questions sex crimes accusations.
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 »
'Svennis' sacked by Leicester City
Sport: 25 Oct 11
Swede Sven-Göran “Svennis” Eriksson, former coach of the English national football team, has been been sacked by Leicester City after just over a year at the helm.
READ »
Ex-Sweden Democrat MP involuntarily committed
Politics: 24 Oct 11
Independent Swedish MP William Petzäll, who left the Sweden Democrats amidst a battle with substance abuse, has been involuntarily committed to treatment after a recent hospitalization.
READ »
Gambling addicts 'not getting enough help'
National: 23 Oct 11
Swedish health authorities have criticised the lack of help available in Sweden for gambling addiction, with many municipalities providing no resources at all to deal with the problem.
READ »
Ericsson shares surge on strong earnings report
Business & Money: 20 Oct 11
Swedish telecom giant Ericsson announced on Thursday a 6 percent jump in third quarter net profits, causing its shares to surge in morning trading on the Stockholm stock exchange.
READ »
Q&A with Paul Johnston, new UK ambassador to Sweden
Lifestyle: 30 Sep 11
The Local catches up with the new UK ambassador to Sweden, Paul Johnston, and has a quick chat about how he is finding his new posting in Stockholm.
READ »
Petzäll backed by Sweden Democrat rebels
Politics: 28 Sep 11
A network of former Sweden Democrats has offered support to 23-year-old William Petzäll after his decision to leave the party and remain in the Riksdag as an independent, encouraging him to stand strong against the party hierarchy.
READ »
Anita Ekberg to spend 80th in Italian hospital
Society: 27 Sep 11
Swedish actress Anita Ekberg, made world famous through the fountain kiss in the cult film "La Dolce Vita", is going to spend her 80th birthday convalescing in an Italian hospital.
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Sweden Democrats lose Riksdag seat
Politics: 26 Sep 11
The Sweden Democrats have a lost a Riksdag seat following a decision by William Petzäll to leave the party and sit as an independent as a result of his alcohol and prescription drug abuse.
READ »
Government to boost foreign student scholarship funding
Education: 22 Sep 11
The government has allotted an additional 20 million kronor ($2.9 million) in scholarship funding to help offset tuition fees charged to students from developing countries who want to study at Swedish universities.
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 »
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 »
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 »
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 »
Swedish women doing less housework: study
Society: 31 Aug 11
While Swedish women are spending less time on household chores that they were a decade ago, they continue to take a greater share than their male partners, a new study shows.
READ »
Sweden to spend billions on railway improvements
Politics: 31 Aug 11
The Swedish government on Tuesday announced plans to set aside 5 billion kronor ($784 million) in new funding for infrastructure projects, with the bulk of the money devoted to improvements to the country's beleaguered rail system.
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Swedes' perceived rudeness 'isn't racially motivated'
Analysis & Opinion: 29 Aug 11
UK native Suhail Din sparked a heated debate among The Local's readers with his reflections on why Swedes refused to talk to him and his family during a visit to Stockholm. Contributor Ruben Brunsveld examines why.
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Sweden looks to halt maths education slide
Education: 29 Aug 11
Education authorities want the government to spend billions on promoting 'collegial learning' to improve maths education in Sweden so students once again find themselves ranked among the top in Europe.
READ »
American dad defends Swedish mother
National: 18 Aug 11
The American father whose infant son was left unattended outside a restaurant in the United States has defended his Swedish wife's actions, claiming that 'hysterical' passers-by over-reacted.
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 »
'The Busking Project' stops by Stockholm
Lifestyle: 11 Aug 11
Aiming to become the first to explore busking on a global scale, one American and two Englishmen set off to travel around the world to document street performers. Contributor Lina Sennevall meets them in Stockholm.
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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 »
Foreign students easy prey for Stockholm rental scams
Analysis & Opinion: 3 Aug 11
With no end in sight to the shortage of student housing in Stockholm, foreign students should be on the lookout for scam artists hoping to capitalise on their desperation, contributor Anita Badejo discovers.
READ »
Nordea reports fall in profits
Business & Money: 19 Jul 11
Swedish-Finnish bank Nordea on Tuesday reported a 6 percent drop in net profits for the second quarter 2011, saying that improvements in banking activity had not compensated for a drop off in investments.
READ »
Centre Party should leave alliance: members
Politics: 6 Jul 11
Several leading Centre Party members want to break free of the centre-right government alliance before the next election, in a bid to regain the party's own identity, according to a report in Swedish media.
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 »
'Classic' midsummer weather for Sweden
Science & Technology: 23 Jun 11
Cloudy, showery but with some chances of sunshine - Swedish Midsummer weather seems to follow tradition, according to meteorologists, who were still unsure of how the weather would develop with the holiday less than a day away.
READ »
Swedish feminists push for Midsummer 'mayhole' revolution
Lifestyle: 22 Jun 11
While most Swedes look forward to dancing around a traditional maypole this Midsummer, one group of gender-conscious revellers is pushing Swedes to celebrate the holiday by gathering around a vagina instead, contributor Lina Sennevall discovers.
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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 »
H&M profits down amid 'challenging' conditions
Business & Money: 22 Jun 11
Swedish fashion retailing giant H&M reported an 18 percent dip in net profits on Wednesday, citing decreased consumer spending and higher supply costs.
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Island hopping in Stockholm's archipelago
Travel: 20 Jun 11
With Midsummer rapidly approaching, The Local's Clara Guibourg explores the wonders of the Stockholm archipelago and discovers a couple of gems off the beaten track.
READ »
Olofsson to resign as Centre Party head
Politics: 17 Jun 11
Enterprise minister Maud Olofsson plans to resign from her position as leader of the Centre Party, according to Swedish media reports.
READ »
Swedish music fans brace for summer festival frenzy
Lifestyle: 17 Jun 11
With Sweden's summer musical festival season hitting high gear, The Local's Geoff Mortimore highlights some of the hottest events taking place around the country this summer.
READ »
Lace 'em up: Sweden’s five best hiking trails
Travel: 9 Jun 11
As the warm summer weather beckons, contributor Alec Forss offers up a list of some of Sweden's best hiking trails.
READ »
Vattenfall 'may gain' from German nuclear move
Business & Money: 7 Jun 11
Swedish energy giant Vattenfall may end up benefiting from a recent decision by Germany to ditch nuclear power, according to the company's CEO.
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.
READ »
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.
READ »
Cybersex Swedes claim they did 'nothing wrong'
National: 13 May 11
The two Swedish IT-experts jailed for life in the Philippines for running a cybersex den say they are living a nightmare among hardened criminals and maintain that they have done nothing wrong.
READ »
Power shift beckons in Swedish election re-run
Politics: 3 May 11
As a county council election re-run nears in western Sweden, the Social Democrats are losing ground and the Red-Greens stand to surrender power, according to a new poll published on Tuesday.
READ »
US held Swedish terror suspect 'for information'
National: 26 Apr 11
Swedish citizen Mehdi Ghezali was held at the Guantanamo Bay prison camp, not because he had committed a crime, but to provide information about terrorist recruiting methods, according to documents made public by WikiLeaks.
READ »
World of Warcraft boosts users social skills: Swedish study
Science & Technology: 21 Apr 11
Online computer game World of Warcraft (WoW), long maligned as an addictive and dangerous escape for introverted teens, can actually benefit players' social lives, a new Swedish study has found.
READ »
Publisher Metro reports drop in quarterly losses
Business & Money: 15 Apr 11
Swedish free newspaper publisher Metro International announced on Friday that its first quarter losses shrank substantially compared to the same quarter last year.
READ »
Four held in paedophile blackmail scheme
National: 14 Apr 11
Four men from the same family in eastern Sweden, accused of posing as children on the internet and blackmailing paedophiles, were remanded in custody on Thursday.
READ »
Spyker confirms talks to sell Saab real estate
Business & Money: 11 Apr 11
Spyker Cars, the Dutch owner of embattled Swedish carmaker Saab, has confirmed that it is in talks to sell off Saab factories in a bid to address cashflow problems which have left production at a standstill.
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 »
Major spending boost for Swedish railways
Politics: 8 Apr 11
The Swedish government on Friday announced plans to invest an additional 800 million kronor ($128 million) in the country's rail system during 2011 following a harsh winter in which the country's trains were plagued by malfunctions.
READ »
Navigating the employment - unemployment roundabout
Analysis & Opinion: 4 Apr 11
Losing your job may be traumatic, but there are worse places to find yourself out of a job than Sweden, The Local's Geoff Mortimore explains.
READ »
New York tops Swedish holiday wish list
Business & Money: 9 Mar 11
New York City and other US destinations have become increasingly popular when Swedes plan their holiday getaways and rediscover the travel bug after a period of austerity, new statistics published on Wednesday show.
READ »
Mother arrested for filming her kids in the tub
National: 4 Mar 11
A Swedish woman was arrested on child pornography suspicions after she filmed her two young children taking a bath in an effort to prove they had been sexually abused by their father.
READ »
Global arms sales on the rise: Swedish think tank
National: 21 Feb 11
The world's largest arms dealers sold weapons for more than $400 billion in 2009, with US sales accounting for the majority, a Swedish think tank revealed on Sunday.
READ »
ABB upbeat on growth despite profits fall
Business & Money: 17 Feb 11
Swedish-Swiss engineering firm ABB reported a 12 percent drop in net profit to $2.56 billion on Thursday, while issuing an upbeat forecast for 2011.
READ »
Sweden climbs in competitiveness rankings
Business & Money: 16 Feb 11
Sweden has ranked second in the World's Economic Forum's (WEF) Global Competitiveness Report 2010-2011, falling behind Switzerland, but leaping ahead of Singapore and the US.
READ »
Sweden's Peter Forsberg retires from ice hockey
Sport: 14 Feb 11
Swedish hockey legend Peter Forsberg has given up on his bid to make a comeback in the National Hockey League and is retiring from ice hockey.
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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 »
Swedish bar lets patrons pay via mobile phone
Lifestyle: 9 Feb 11
A bar in Uppsala in eastern Sweden recently launched a new service that lets mobile phone-toting bar patrons leave their wallets at home. But not everyone is toasting this new taproom technology, contributor Oliver Gee discovers.
READ »
Death penalty 'unlikely' for Assange: experts
Politics: 9 Feb 11
Claims by lawyers for WikiLeaks founder Julian Assange that extradition to the United States could land him in the Guantanamo Bay prison camp or on death row are "impossible", according to experts.
READ »
'Timeout' for Sweden Democrat MP following drunken outburst
Politics: 7 Feb 11
Sweden Democrat MP William Petzäll is taking a timeout from his political duties after police found him early Sunday morning stumbling drunk in the stairwell outside an apartment he shared with his ex-girlfriend.
READ »
Police stop search for missing Swedish prof
National: 7 Jan 11
Police investigating the disappearance of a missing Örebro University lecturer broke off their search of an area about 10 kilometres north of the central Swedish city on Friday afternoon.
READ »
New details emerge about Assange accusers
National: 19 Dec 10
As WikiLeaks founder Julian Assange vows to fight against his extradition from the UK to Sweden, police reports have shed more light on the women and the events at the centre of the sex crime allegations against him.
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 »
Pricey power threatens Swedish industry: CEO
Business & Money: 10 Dec 10
The head of a Swedish pulp manufacturer forced to shut down production has slammed the country's high energy prices, citing Sweden's lack of energy policy as a threat to the industry.
READ »
Assange remanded by London court
National: 7 Dec 10
WikiLeaks founder Julian Assange was remanded in custody by London court on Tuesday after he vowed to fight extradition to Sweden to face rape allegations.
READ »
A guide to Christmas markets in Stockholm
Lifestyle: 3 Dec 10
As Sweden’s holiday shopping season kicks into high gear, The Local offers a few tips for where gift seekers in Stockholm can combine getting a taste of the Christmas spirit with the hunt for the perfect gift.
READ »
Bid to reform Swedish political donations fails
Politics: 2 Dec 10
Donations to political parties in Sweden will remain unregulated after the centre-right Alliance government remained unified against calls by the opposition for increased transparency for political party financing.
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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