SEB warns of economic overheating
Paul O'Mahony · 8 May 2007, 12:51
Published: 08 May 2007 12:51 GMT+02:00
SEB bank's chief economist, Klas Eklund, has issued a warning for overheating in the Nordic region.
In its latest economic report, the bank predicts that Sweden's Gross National Product (GNP) will grow by 4.2 percent this year and 3.3 percent in 2008.
Open unemployment is expected to drop from 4.5 to 4.0 percent in 2008.
SEB anticipates that the Riksbank will gradually raise interests rates to 4.75 percent by the end of next year.
The bank also estimates that consumer prices will increase by 1.1 percent this year and 1.7 percent next year.
The American musician has more or less responded to the news with silence. Photo: Per Wahlberg
American singer-song writer Bob Dylan has removed any mention of him being named one of this year’s Nobel Prize laureates on his official website.
Sweden's migration minister Morgan Johansson. Photo: Christine Olsson/TT
Sweden received 70 percent fewer requests for asylum in the period between January and September 2016 than it did during the same time last year, the country’s justice and migration minister Morgan Johansson has revealed.
The Stockholm archipelago book boat. Photo: Roger Hill.
Writer Roger Hill details his journeys on the boats that carry books over Stockholm's waterways and to its most remote places.
The new incident follows a similar fire in Fagersjö last week (pictured). Photo: Johan Nilsson/TT
Police suspect arson in the blaze, as well as a similar incident which occurred last Sunday.
Ericsson interim CEO Jan Frykhammar presenting its third quarter results. Photo: Claudio Bresciani/TT
The bad news just keeps coming from the Swedish telecoms giant.
A computer displaying Facebook's landing page. Photo: Christine Olsson/TT
The social media giant had censored a video explaining how women should check for suspicious lumps in their breasts.
A still from the aerial footage of Sweden. Photo: Nate Summer-Cook
The spectacular drone footage captures both Sweden's south and the opposite extreme, thousands of kilometres north.
Police ID checks at Hyllie station in southern Sweden. Photo: Stig-Åke Jönsson/TT
Sweden could be allowed to keep ID controls on its border with Denmark beyond the current end date of November, following discussions among EU leaders in Brussels last night.
File photo of a woman working in a Swedish office. Photo: Anders Willund/TT
A new study into the gender pay gap suggests Sweden still has some work to do.
Thank God for evolution, eh?
There's something fishy about the human jawbone – it has its origins in the placodermi, a jowly species of fish that lived 400 million years ago, Swedish and Chinese researchers say.