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financial crisis

Sweden 'won't block' pact to save euro
Reinfeldt

Sweden 'won't block' pact to save euro

Sweden was one of four European Union member states to scupper hopes of a 27-country agreement to help strengthen the euro, but nevertheless plans to participate in the creation of a European bailout fund.
Bildt: budget rules 'must be obeyed'
bildt

Bildt: budget rules 'must be obeyed'

Foreign Minister Carl Bildt on Monday defended a European single market but said that stricter budget supervision and regulation by Brussels will only work if already existing rules are adhered to.
US economy crisis causes Pajala panic
shares

US economy crisis causes Pajala panic

The ongoing financial crisis in the US is causing growing concern among locals in the municipality of Pajala in the North of Sweden, whose future is largely dependent on an iron ore ore mine due to be opened by an American company.
Borg promises restraint as stocks head south
Economy

Borg promises restraint as stocks head south

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 a mid-morning rally ran out of steam.
'Sweden will be affected by the crisis': experts
Economy

'Sweden will be affected by the crisis': experts

Swedish experts say Sweden won't avoid being affected by the turbulent world economy and on Sunday financial spokesperson for the Social Democrats, Tommy Waidelich, said that he wants to gather the Riksdag’s financial committee to discuss the situation.
Time for Europe to fix its finances
Politics

Time for Europe to fix its finances

<b>Many European countries are facing austerity measures in the wake of the financial crisis. Now it's time for the EU itself to get serious about tackling waste, writes Anna Kinberg Batra, chair of the Swedish Parliament's Committee on EU Affairs.</b>
Borg sees the light for State’s finances
financial crisis

Borg sees the light for State’s finances

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. The State’s budget should now be balanced or in surplus by 2013/2014.