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Reduced VAT could lead to the creation of 3500 jobs in Sweden

Wednesday, 01 June 2011
The government's promise of halving the restaurant tax in the Spring Budget Bill is becoming a reality.

Is Sweden’s Industrial production putting on the breaks?

Wednesday, 01 June 2011
It looks like the Swedish industrial production is slowing down if one was to take the figure from the purchaser’s managers index (PMI) close to heart.

Swedish Car sales continue to impress reflecting the economy

Wednesday, 01 June 2011

In May 30 853 new passenger cars were registered in Sweden, according to latest reports which also show an increase of 23.4 percent from the same month last year. Saab saw its sales slumps as the company’s negative PR chased always potential enthusiastic customer. Heavy trucks recorded record registration.

Sweden’s retail trade grows masking dampening consumer confidence

Monday, 30 May 2011
Figure out on Monday show growth in Swedish retail trade with sales increasing sharply last month compared with same period last year. In short, grocery sales rose almost five percent but on the flipside, new study also shows that Swedish consumers are more pessimistic about their personal finances.

High Swedish electricity price has resulted in new increased creativity to undercut energy sharks

Sunday, 29 May 2011
The excessive energy prices paid by Swedish companies and households in the past two years have led to increased creative thinking among Swedish energy consumers. They have polled their resources together and are about to give the energy sharks the run for their money.

Record number of dangerous products in the EU

Sunday, 29 May 2011
Jeans with excessive levels of allergenic mould, baby strollers with incorrectly fitted safety harness are a drop in the ocean when it comes to the amount of dangerous products circulating out there in the EU markets.

Calls for a closer look into stock market and share dealings of H & M’s Stefan Persson

Friday, 27 May 2011
Why did people with inner knowledge of H&M such as Stefan Persson buy shares just before strong reports of its spectacular April performances was announced? Could there be insider trading here or are we just hallucinating?  

Sweden is more corrupt than perceived as more managers are ready to pay bribes and promote corruption practices

Thursday, 26 May 2011
One in five business managers in Sweden would be willing to pay bribes to gain advantage in business and keep their customers, throwing more light to the view that corruption is more firmly rooted in Sweden than one might think.

Swedish job market discrimination is costing the government and tax payer billions.

Wednesday, 25 May 2011
If these immigrant - looking people where employed, the government could save lots of money and the ‘real’ Swedish people could benefit from lower taxes and high disposable incomes.

Great expectations as the Swedish railway sector soon open for intense competition

Tuesday, 24 May 2011
Swedish rail commuters have had enough from the failures of the state run railway monopoly SJ but the current bourgeois government love the market system and is determined to open the Swedish rail market to competition by inviting other players.

Almost impossible to buy a house in Sweden as its real estate value explodes while earnings stagnates 

Tuesday, 24 May 2011
A family is expected to be earning almost a million Swedish kronors to be able to find the possibility of buying a house in Sweden. The irony here is that in most parts of Sweden, it is almost impossible for most workers to earn a little more than SEK 300,000.


Finland’s Unemployment continues to fall

Tuesday, 24 May 2011
The number of unemployed in Finland continues to fall, according to Statistics Finland.

More fears that the Swedish housing market is coming to a halt

Saturday, 21 May 2011
Increasingly, Swedish house buyers are most concerned about interest rate hikes plus other economic squeeze. Sellers and dealer are worried most that their housing stocks will not get sold within a reasonable time. As such there is the possibility that the Swedish housing market is stagnating and something that needs to be watched closely.

More jobs in Finland in the first quarter as a rise in unfillable vacancies have shot up

Wednesday, 18 May 2011
The number of open jobs vacancies in Finland in the first quarter of this year was a fifth more than the number available a year earlier.

As Swedish congregation gets thinner, church makes money by investing in pornography

Tuesday, 17 May 2011
Swedish churches have never lacked congressional member as but that calls for creativity. Churches can invest elsewhere so as to make the hard cash which would have been raised from the congregation which is no longer there

Slight fall in Swedish house prices as cooling policies calm the market

Tuesday, 17 May 2011
The runaway Swedish house prices which has also been determined to have been over valued seems to have come to a halt.

Pension and pension system: More Swedish retirees choose to relocate abroad

Monday, 16 May 2011
A growing number of Swedish pensioners are building a retirement community abroad as more Swedish retirees chose to relocate to a different country.

Currency: Swedish Krona weakened against the dollar and market expects the unexpected.

Monday, 16 May 2011
Market rates declined during the initial trade. The Swedish Krona dropped against the dollar, as the market expected news from the Euro zone ministers meeting about debts in Portugal and Greece

Continued optimism among Swedish business

Monday, 16 May 2011
Consumer optimism in Sweden might have dipped some what but that for businesses continue to be robust and impressive. Swedish Export Manager Index was up at 63.9. This means that a majority of companies view the export market as relatively strong.

Swedish Economic confidence in decline

Monday, 16 May 2011
The Swedish believe in the general economy fell sharply in the last quarter. Confidence in the private economy also decreased, but not to the same extent, according to new measurement from the Swedish Quality Index (SKI).

Fall in Swedish unemployment in April

Friday, 13 May 2011
The number of unemployed in Sweden at the end of April was 371 000 people. This means that the unemployment rate in the country now stands at 7.6 percent of the workforce registered as unemployed at the Swedish Employment Office, compared with 8.6 percent a year ago.

Consumer prices in Sweden up as inflation hits 3.3 percent

Thursday, 12 May 2011
The inflation rate in Sweden was 3.3 percent in April compared with 2.9 percent in March.

Moves to dismantle constricting contracts in the Swedish broadband-telephony sector

Wednesday, 11 May 2011
Swedes stuck with longer in mobile and internet subscriptions than others in the Nordic, a move the Swedish Post and Telecommunication Agency feels that its constrict Swedish consumer and stifles competition. But the government denies.

High earning Swedish men retire late

Wednesday, 11 May 2011
Highly paid men are more often left working after the normal traditional retirement age than women who earn between Skr21 000 and Skr25 000 a month, according to latest data.

Skandia's online banking crash

Tuesday, 10 May 2011
Skandia's online bank has suffered a major disruption. Since last night, customers have been unable to do their banking online and could also not be able to reach the bank by phone.

Sweden’s Industrial production continued to increase in March

Tuesday, 10 May 2011
industrial-production
Sweden’s Industrial production increased by 0.9 percent in seasonally adjusted figures in March compared to February.

New orders for Swedish industries continued upwards in March

Tuesday, 10 May 2011
New orders for Swedish industries increased by 1.1 percent in March compared to February, in seasonally adjusted figures.

How Foreigners get lower pay in many industries in Finland

Monday, 09 May 2011Foreign workers earn less in many industries than native Finns, writes Finnish news paper Helsingin Sanomat.

How to increase youth employment and reduce poverty in Sweden: Reduce the minimum wage and don’t increase starters’ salaries for 10 years - Almega

Saturday, 07 May 2011
People wanting to work in the Swedish services sector should expected to see their salaries and wages frozen for at least 10 before any further salary negotiation on increases can take place.

People with foreign background in Sweden end up with much lower pensions - discrimination?

Friday, 06 May 2011
The Swedish pension system used to be pride of the Swedish welfare success - that is when Sweden was under the control of the Social Democrats party. But since the current coalition started running the country in 2004, the pension system seem to have been forced to get under the skin incomprehensible dichotomy.

Increased pilfering from heavy vehicles in Sweden

Friday, 06 May 2011
The theft from heavy vehicles in Sweden is on the rise and organised crimes gangs are being blamed for this phenomenon.

Continued growth in the Swedish aviation sector

Friday, 06 May 2011
In April, 2.5 million people flew to and from the Swedish airports managed by the state airport management company Swedavia. Swedavia operates and develops 11 airports in Sweden. That means about 80 percent of all air travellers in Sweden is managed via one of its airports.

More Free newspapers Sweden chasing the small advertisement market

Thursday, 05 May 2011
During the first quarter of this year, advertising in free newspapers with close to twelve percent according to the Institute for media and advertising statistics. Although there are already 330 free newspapers in Sweden that compete for readers and advertisers, they are becoming ever more.

Increased optimism about the Swedish stock market

Thursday, 05 May 2011
After a slump in the wake of natural disaster in Japan, the Swedes had a more positive outlook on the future stock market performance, according to a survey by a polling organisation Skop.

Continued low performance on the Stockholm Stock Exchange – what is the message it is trying to send?

Wednesday, 04 May 2011
The Swedish economy is doing well, companies here are reporting record profit and there is almost everything perfect here in Sweden but the Stockholm Stock Exchange continued to under perform. What is the message the market is trying to give about the Swedish economy that we do not know”

Swedish PMI - for Services rose to 61.4 in April

Wednesday, 04 May 2011
Sweden’s purchaser’s managers’ index in the service sector or the PMI - services rose marginally in April to 61.4 from 61.2 in March according to latest compilation from Swedbank which keeps and report the movements

Swedes are really getting richer as shown on new car registrations which shot up in April

Monday, 02 May 2011

new-care-registration

In April, in Sweden, 28 940 new passenger cars were registered, according to industry organization Bil Sweden which compiles the figures. This makes it an increase of 12.8 percent from the same month last year.

Swedish district heating to be exposed to competition as the state deregulates the sector

Friday, 29 April 2011
The Swedish government wants to deregulate the district heating market so as to expose it for competition.

Surplus in the Swedish pension system in 2010

Friday, 29 April 2011
The Swedish pension system had a surplus of Skr103 billion last year, after having had a deficit the year before. This is what is shown on the annual report of the state pension.

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Asian Nokia's competitors eating more into its market share as the Finnish giant slumps

Wednesday, 01 June 2011
Electronics shares lifted the Asian stock exchanges during Wednesday's trading session, after Tuesday's profit warning from Nokia, its downward march in the lost market share was eminent and continued. But this happened at the expense of its competitors many of them bases in Asia

Sweden’s unemployment continues to fall

Monday, 30 May 2011
At the end of last week, in Sweden, there were 183 578 persons registered as unemployed with the Swedish Employment Service.

Swedish Unemployment falls to 7.9 percent

Wednesday, 25 May 2011
Swedish Unemployment continues to fall. In April, approximately 396 000 people were unemployed or 7.9 percent. That is a decrease of 1.6 percentage points in one year.

Construction cost blamed for Swedish housing shortage

Wednesday, 25 May 2011
In order to cut down the huge housing shortage in Sweden some 35,000 new apartments per year is needed. But soaring production costs are holding back construction, according to the National Housing Credit Guarantee Board (BKN).

Rents rise persistent in Helsinki

Tuesday, 24 May 2011
Rents in Helsinki are rising so fast that some commentators describe the speed of the rise as like a bat out of hell.

Swedish vacancies have almost grown twice as many as last year

Tuesday, 17 May 2011
The new jobs created in the private sector, plus nearly four percent in the first quarter compared with the corresponding period last year.

More Jobs advertised in various Swedish networks

Tuesday, 10 May 2011
Job creation is growing in Sweden as more jobs are being advertised on the various networks there.

Swedish Consumer confidence rises

Monday, 09 May 2011
Swedish households' economic expectations have strengthened, according to a latest survey.

Buoyant expansion of the used car market in Sweden

Friday, 06 May 2011
There was a 3.8 percent rise in the sales of used cars in April, an expansion over the same month last year.

Fewer Danish bankruptcies than last year

Thursday, 05 May 2011
bankruptcy
The number of corporate failures in the Danish business environment increased in April to 462 from 433 in March.

House price rise shock in Helsinki

Wednesday, 04 May 2011
Housing prices in Helsinki have risen by almost ten percent in just one year.

Sluggish retail sales as Swedes start spending less

Friday, 29 April 2011
retail-sales
The sales volume in retail trade grew by 0.7 percent in March compared to the same month last year.

Swedish household loan growth declines

Friday, 29 April 2011
The effects on the rising interest rates in beginning to be felt in Sweden as the borrowing levels starts dropping.

Continue reading from past headlines from March 2011


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