Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Sweden "ready for euro"

Share this article

18:16 CET+01:00
An analysis conducted by DI reveals that Sweden satisfies all the convergence criteria for entry into the eurozone, including the requirement to maintain a stable exchange rate between the krona and the euro for two years.

"Sweden is really obliged to join the euro when we satisfy all the entry requirements," says Ulf Bernitz, professor in European law.

Lithuanian pay levels attract companies

Geson Skandia Tryckeriet has moved part of its business from Kungsbacka to the little village of Gargzdai not far from the Lithuanian harbour town of Klaipeda. The company blames poor profitability for the move and estimates that production could be 30-40 per cent cheaper in Lithuania in the long-term. The company is providing jobs for 30 Lithuanians and plans to increase to 80-100 employees in two years.

Sources: Dagens Nyheter, Svenska Dagbladet, Dagens Industri

Supplied by BECK TRANSLATIONS.

With an experienced team of in-house translators, Beck specialises in translating from Swedish into English in such areas as finance and economics, marketing and advertising, biotechnology, the environment, quality, and personnel & administration.

Get notified about breaking news on The Local

Share this article

From our sponsors

The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.

Advertisement