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The Sales of Jas Gripen to Switzerland facing a bumpy ride and could be quashed

Thursday, 01 December 2011
Several major political parties in Switzerland want a referendum to prevent the country to buying the 22 Gripen aircraft from Sweden which its government announced yesterday in a press conference.

Switzerland buys the Swedish fighter machines, the Gripen Jets but Saab is tight lipped
Wednesday, 30 November 2011

Source very close to the Swiss government told a Swiss newspaper Tages-Anzeiger, that the Swiss government should have decided to buy 22 Jas Gripen fighter jets, according confirmation from the Swiss government at a press conference today.

Denmark’s economy in trouble but the finance minister feels that the storm can be weathered
Wednesday, 30 November 2011
Danish Finance Minister, Bjarne Corydon is now worried about the state of the Danish economy. He said that Danish economy is now in trouble after report today out today that growth in Denmark shrank in the third quarter by 0.8 percent.

Norway closes embassy in Iran

Wednesday, 30 November 2011
After the attack on the British embassy in Tehran, Norway has chosen to close its embassy in the Iranian capital.

Icelandic parliament recognizes Palestine
Wednesday, 30 November 2011
The Icelandic parliament, the Althing, is the first Western European country to recognized Palestine as a state.

Stronger Swedish current account

Wednesday, 30 November 2011
The surplus in Swedish current account became even stronger during the third quarter. The larger surplus is due to a stronger trade in goods and services as well as increased investment income.

Far rights, Sweden Democrats adopt the new policy program and shift ideologically to a less radical “Social Conservative”
Sunday, 27 November 2011
The far right Swedish political party, the Sweden Democrats seem to have learnt nicely a lot for their first time in parliament. Probably, what they might have learnt is that to be racist or too radical against other ethnic groups will not lead them any where. As such they are trying to improve their image and to tone down their hard line rhetoric on ‘race mixing’.

Swedish central bank to recruit new directors as opinion divides over the bank's persistence to keep rates high
Sunday, 27 November 2011
Swedish central bank, the Riksbank has threatened to still maintain its interest rate growth increases, despite the deepening debt crisis and impending collapse of the euro.

Persistent rejection of the Social Democrat leader, Juholt,  as confidence in him continues downhill

Sunday, 27 November 2011
The Swedish Social Democratic party leader, Håkan Juholt, is not finding life in his political journey easy. Polls after polls show that he is popular among voter but he remains upbeat.

Swedish finance minister, Anders Borg elected best European Finance Minister but the Social Democrats are not impressed

Wednesday, 23 November 2011
According to the Financial Times, Anders Borg, Swedish finance minister is the Europe's best finance minister. This has created a rash of criticisms from the Swedish Social Democrats party who accused Borg of basking in the glory of Goran Pärson, the format Prime minister and past finance ministers.

Norway may cut rate as the Euro crisis squeeze

Monday, 21 November 2011
The euro crisis has pushed forced the Norwegian banks' costs so much that the policy rate may be lowered, according to Norway's central bank governor Øystein Olsen.

Chinese people must learn the Danish way – according to Denmark

Friday, 18 November 2011
Group work, reflection, and debate are the common approach in Danish classrooms in learning and reflected both in public schools, continued schools and in high school.
But the creative teaching model in Denmark is so unique that it not only regarded as the best tool in public service, but also hardcore business resource.

Swedish central bank Deputy Governor sees Monetary Policy as Blunt Tool For Financial Stability
Thursday, 17 November 2011
Swedish central bank or the Riksbank’s  Deputy Governor, Lars Svensson, said Thursday that it is important that monetary policy focuses on stabilizing inflation and resource utilization only, adding that it should be kept separate from financial stability policy.

The Swedish Left Party calls for banks to be broken down

Thursday, 17 November 2011
The Swedish opposition party, within the Red-Green coalition, the Left party, wants that Swedish banks be broken down so that speculative activities are separated from the deposit and lending to households.

Swedish politicians enjoying the fruits of their labour as they splash on Skr100000 on a trip to New York

Thursday, 17 November 2011
The City of Stockholm spent almost Skr100, 000 for three persons for a business trip to the U.S.. Just traffic and labour market mayoral official, Ulla Hamilton of the ruling Moderate party spent Skr33, 000 on her rest efficient flight.

Whinge in Swedish politics – Christian Democrats accuses their coalition partner Moderates of plagiarism
Wednesday, 16 November 2011
The Christian Democrats are now accusing its government’s fellow Conservative party member, the Moderate party to have plagiarized their elderly care policy which the government has taken up in the Ministry of Social Affairs.

Iceland is working its way up nicely and steadily
Wednesday, 16 November 2011

The difference between a banana republic such as Zimbabwe and a small civilised country such as Iceland is that when both of them went down economically, Zimbabwe will never get back to its great hay days but Iceland is gradually regaining its world class economy.

Fears that Iran's missiles can go straight over Sweden - But should that happens, Iraq should expect to be wiped out clean
Sunday, 13 November 2011
This week showed the clearest signal yet that Iran, despite its persistent protest to the contrary, is gaining ground in the design and construction of nuclear weapons.

Sigh of relief as the Swedish social democrats starts showing better numbers Sunday, 13 November 2011
The precipitous fall in opinion polls support the Swedish Social Democrats Party had shown in the last few months seem to be halting according to a look at the latest opinion polls.

Norway's justice minister resigns amidst criticisms

Friday, 11 November 2011
Norwegian Justice Minister, Knut Storberget resigns from the government, but the Norwegian prime minister says it is not due to the criticism that Storberget endured recently.

Swedish government postponed sales of state assets

Thursday, 10 November 2011
The Swedish government has postponed plans to sell state assets indefinitely, since the stock market declines is making the value of the assts risky.

Swedish central bank could be open for rate cuts
Thursday, 10 November 2011
Despite the growing debt crisis and financial turmoil, the Swedish banks so far have no problems in obtaining funding, according to the Governor of the Swedish central bank (Riksbank) Stefan Ingves in a speech on Monday to the Standing Committee.

Sweden presents itself as the only EU country with budget surplus
Thursday, 10 November 2011
Sweden is the only EU country which is expected to have surplus in its budget for the next two years according to an assessment of the EU Commission in its autumn forecast.

“It’s the banks and we’ll not let them get way” Borg
Tuesday, 08 November 2011

Swedish minister of Finance Anders Borg insist that the capital adequacy level agreed on must me respected so as to repair Europe’s run away low confidence being observed at the moment.

"Finland's departure could strengthen the euro" - Reports
Monday, 07 November 2011
Finland, Greece, Portugal and Ireland could withdraw from the euro single currency. As this happens, it could do good for those countries and strengthen the euro, according to the Goldman Sachs Investment Officer, Jim O'Neill in an interview, write Finnish news paper, Taloussanomat.

Swedish Social Democrat leader continues to be shellacked on opinion polls by current Prime Minister Fredrik Reinfeldt

Monday, 07 November 2011
The collapse of public opinion continues for the Swedish Social Democrat leader, Hakan Juholt persists and gradually becoming permanent. Swedish people don’t like him and it is worrying as to why the Social Democrats continue to watch while their support fades away. For Juholt himself, he is not worried

Swedish SIDA is investing Skr725 million in Bangladesh
Friday, 04 November 2011
Swedish International aid Agency, SIDA, is investing Skr725 million over five years on education and better health in Bangladesh.

The Swedish Christian Democrats want a new Swedish school policy
Friday, 04 November 2011
The Swedish educational model is being copied in places such as the UK but is Swedish school model really working? If one looks at the international league table, our neighbour, Finland is the one that we should immolate and the model that places such as the UK should copy.

Record low support for the Swedish Social Democrats
Friday, 04 November 2011
The Swedish Social Democrats continues to loose support in a new poll as the bad blood the supports have for the party’s leader continue to push support away.

Finland suggesting a provisions for withdrawal be added in the euro membership arrangement
Tuesday, 01 November 2011
The feelings about the Euro in Finland remain very weak and the government is seeking means to avoid embarrassment by coming up with ingenious suggestions. As such the Finnish government says it is ready to ask if a clause can be added to the EU constitution to allow for countries to leave the euro. The move follows an initiative by the Netherlands on the issue.

Strong and growing opposition to the Norway’s EU membership Monday, 31 October 2011
Not long ago, support for Norway joining the EU was growing comfortably in Norway but suddenly and gradually, the opponents for Norway’s EU membership has been growing.

Swedish economy continues to get weaken but growth expected in 2012
 Friday, 28 October 2011
The Economic Tendency Indicator, which measures the situation in the Swedish economy, fell to 94.3 in October from the revised 96.6 the previous month.

Sweden reports Budget surpluses despite economic slowdown and long and short term uncertainties. Tuesday, 25 October 2011
The economic recovery is slowing, but the state budget remains in surplus. The Swedish Debt Office now expects a surplus of Skr69 billion for 2011, Skr25 billion next year and Skr29 billion in 2013, according to a new prognosis.

Swedish will not be paying for further Greek bailout: PM Reinfeldt

Tuesday, 25 October 2011
Swedish taxpayers would not need to be a party to commit to any form of payment to the Greeks in the form of the rescue plan being discussed, on the subject of plans to rescue Greece and the crisis of European banks.

The Dead Libyan dictator's oil billions is laying in Swedish bank accounts Monday, 24 October 2011
Gaddafi regime’s frozen oil billions in Sweden will continue to remain in Swedish custody for a long time. A new leadership does not necessarily mean that the money would be taken to them as soon as possible according to Per Saland, official of the Swedish foreign office and the Swedish government sanctions coordinator.

Sweden is very far from joining the EMU – the view of the Prime Minister Fredrik Reinfeldt

Monday, 24 October 2011
Public opinion of the EMU, the Euro is not good at the moment and many people are even seeing the European project as a white elephant that will finally give way one day. Even the Swedish Prime Minister, Fredrik Reinfeldt, feels that the view that Sweden could one day join the Euro single currency is too far away.


The Swedish Social Democrats party in trouble and will not win the next election except a change of leadership happens.
Sunday, 23 October 2011
Support for the Swedish Social Democrats was  last week historically low 25.5 percent. Three weeks ago, before the revelations about the party leader, Håkan Juholt's housing benefits claims and travel expenses scandal, the party enjoyed 35 percent of support. If things continue this way the Conservatives will permanently remain in government in Sweden  for a very long time.

Sweden a country with no opposition leader as Reinfeldt stand unchallenged in various leadership contests
Saturday, 22 October 2011
Fredrik Reinfeldt will lead to 68 to 15 confidence support over Social Democrat leader, Hakan Juholt in term of leadership confidence among the Swedish people.
Borg wants to stop tax evasion from companies providing welfare services in Sweden.
Wednesday, 19 October 2011

Sweden’s Finance Minister Anders Borg would quickly put an end to private equity organisations providing welfare services, the opportunities to evade taxes in Sweden.

Increasing threats forces Swedish embassy in Kenya to be displaced

Wednesday, 19 October 2011
The Swedish Embassy in Kenya is moving from its current premises for good because of security threats to the building.

Finland may become the first to elope from the troubled Euro single currency project

Tuesday, 18 October 2011
Finns and not the Greeks are poised to be the first to leaves the Euro single currency in the nearest future. Such feeling can be felt when one observe the way the Finns argue in relations to their support for the debt relief to trouble European countries.

How the sleaze investigation initiated on Social Democrat leader, Juholt is affecting support for the party

Sunday, 16 October 2011
The bad press about the leader of the Social Democrats in recent weeks has meant that it will affect the support for the party – especially as he is still there as the head. This is why there are some big wigs in the party who still feel that the leader has to go so as to safe the party some face.

Saudi Defence delegation visit to Swedish defence exhibition raises anger Friday, 14 October 2011
As recently as last year, Sweden exported weapons to Saudi Arabia, a strong anti-democratic state, and right now the head of the Saudis military is visiting the country. This has led the Swedish Peace and Arbitration Society to react strongly. “This is one of the world's worst dictatorships,” some officials were heard said.

Hakan Juholt, Sweden Social Democrat’s leader in more sleazy claim scandal. This might finally bring the leader down
Thursday, 13 October 2011
The leader of the Swedish Social Democrat party is gradually reaching a point of no return in his various expenses claims. Recent to emerge is a reported double claim on car expenses. If this turns out to be true, then the Social Democrats party will start looking for another leader.

"Swedish Bank Customers shall not be allowed to pay the bill for the extra capital requirements of the banks": Swedish Finance Minister

Thursday, 13 October 2011
Recently, we reported how the values of Swedish banks were determined to be relatively lower than one would have expected given the strong talks that Swedish banks were properly capitalised. As such the minister of Finance requested that Swedish banks must improve on their values so as to stem any further stresses coming from the market.

No evidence that corruption is on the rise in Sweden despite all the noise and fears

Monday, 10 October 2011
Question: Has Sweden become more corrupt?
Answer: "There is no indication that Sweden is now a more corrupt country"
A growing number of people are worried that Sweden has become more corrupt, in the wake of various “corruption scandals" which exploded in recent years. This has made many Swedish people question the tenet of their institutions, some leaders and certain sections of their society such as the business and municipal sectors.


Social Democrats and the left party boycott televised leadership debate in protest of the presence of the far rights, Sweden Democrats.

Sunday, 09 October 2011
Just ended was the Party leaders' debate on Sweden television’s political program, Agenda, but the Social Democrats and the Left party, which plus the Green party make up the Left-Green opposition coalition, refused to take part. The reason was that they could not share a stage with a far right organization.
Crisis can lead to pressure which could inturn force Hakan Juholt to resign Saturday, 08 October 2011
Pressures on the leader of Swedish Social Democrat party, Hakan Juholt, can force him to resign given new information that emerge that had been informed since 2009 about the irregularities in his housing benefit claims.

Social Democrat leader, Juholt to finally pay Skr160 000

Friday, 07 October 2011
The Swedish Social Democratic party leader, Hakan Juholt is in hot waters now in Sweden. He has made claim for housing benefits that did not reflect some of the person who wants to run a country that pride itself to be the most clean and sleaze free country on the face of the earth.

Tax evasion by western companies in poorer countries expands poverty in poorer countries! Is this a news theory or a recycle of old news?

Wednesday, 05 October 2011
Every year about Skr8000 billion is lost from the developing countries of the world into hidden secret bank accounts abroad. This is ten times as much as the world's total economic aid to those countries. Most of the money is hidden away in tax havens by multinational corporations. This news has been echoes again recently in a seminar in Stockholm,  Sweden, but the begging question was whether this was new news?

Increasingly, hidden and undeclared taxes from tax havens is moving back to Swedish treasure

Monday, 03 October 2011
The Swedish strategy to inform and encourage people who have starch their wealth hidden in tax heaven to bring them back and declare them or face the wrath of the law is bearing fruits.

New Danish government to scrap the extra border controls proposed by the ousted right wing government Monday, 03 October 2011
Danish People's Party, the right wing anti immigration party is not feeling happy. Its baby policy to enhanced border controls at the borders of Denmark against Sweden and Germany, are to be scrapped.

News left wing government takes shape in Denmark after 10 years in the cold

Sunday, 02 October 2011
The new Danish Left government voted in recently is taking shape will be sworn in soon. This comes after ten years of the bourgeois or the right wing conservatives rule.

New Danish government to abolish the Ministry of Integration

Sunday, 02 October 2011
The incoming left wing Danish government led by the Social Democrat will abolish the Ministry of Integration. The vast majority of the ministry's responsibility is now shared between the Ministry of Social Affairs and Justice.

Icelandic politicians attached with eggs and vegetables as they convene for first parliamentary session

Sunday, 02 October 2011
Boos and egg throwing met with Iceland's parliament and the country's president Ólafur Ragnar Grímsson on Saturday as about 2,000 people gathered to show their discontent with the country's leaders.

Trouble for new Danish government in waiting a scandal relating to a politician explodes Saturday, 01 October 2011
The new Danish Social Democratic party leader, Helle Thorning-Schmidt who has bee forming a new government after winning the recent election has come under fire after appointing a minister with unsolicited character.

Sweden Democrats continue to see mass exodus from the party

Saturday, 01 October 2011
One in four people who selected Sweden Democrat as their party of choice in various Swedish municipalities have withdrawn from the party since the election. Several party members have also been excluded.

The cost for Norwegian terrorism acts now over a billion Friday, 30 September 2011
Public spending after the terrorist attacks in Oslo has crossed Nkr1 billion and a bill is being passed to cover the extra cost that is not covered in the budget.

The Swedish Moderates party annihilate on opinion polls in one year Friday, 30 September 2011
The Swedish ruling Conservatives have lost heavily in a new opinion conducted for the Swedish daily, Dagens Nyheter published on Friday.

Brazil can soon make a decision about the Gripen fighter jets

Friday, 30 September 2011
Brazil could decide on their purchase of new Swedish Gripen fighter jets earlier that expected in 2012. The Swedish Gripen is one of three fighter jets products that are competing for the multibillion-dollar order from the Brazilians.

Immigration costs billions and can be reduced if the Swedish state adopts the policy proposed by far right Sweden Democrats

Thursday, 29 September 2011
Swedish far right party, the Sweden Democrats has presented data which suggest that the Swedish government can save over Skr35 billion per year if the party's immigration policy is implemented.

Sweden’s IMF bill leaps more than two fold

Thursday, 29 September 2011
The Swedish government has proposed to raise its capital contribution to the International Monetary Fund (IMF) to Skr45.2 billion, up from approximately Skr20.8 billion. The increase is made in a comprehensive review of IMF resources.

Stresses and cracks begin to emerge in the Swedish economy Wednesday, 28 September 2011
The Swedish economy starts loosing its ‘mojo’ as open observations shows that the economy is weakening.

The economic crisis is good for the Swedish government’s popularity Tuesday, 27 September 2011
The economic crisis currently brewing in Europe and the world is giving the Swedish government good reviews and the government has never had such strong support.

Anders Behring, the far right Norwegian mass murderer linked to the neo-Nazis Monday, 26 September 2011
Norwegian police investigating the background of the Norwegian mass murderer have been following and reviewing mailing lists of suspected terrorist, Anders Behring Breivik’s computer. They found that he contacted a number of Germans, identified as neo-Nazis.

Swedish Minister of Finance feels that the crisis has reach a dangerous stage Sunday, 25 September 2011
Concern about the European debt crisis dominates the World Bank and International Monetary Fund's ongoing meetings in Washington. IMF pledges strong action to address the crisis, but Swedish Finance Minister, Anders Borg believes that there will be continued market turmoil.

Democracy good for economic growth and development – A Norwegian study

Sunday, 25 September 2011

Democracy is a clear winner when it comes to the macro economic tool that can lead to sustained economic growth and development. A clear distinction is seemed where poorer countries and the third world all bask in dictatorship of some sort.

Finnish True Finns Party’s Timo Soini to run for President Sunday, 25 September 2011
Timo Soini, Chairman of the True Finns Party, the far right party that wants to see Finland only for Finns and a Finland that will not be part of the EU, has declared his readiness to stand as his party’s candidate in next year’s presidential election. This means that if he wins, he will be Finland’s next president. 


Swedish economy grew 4.9 percent

Tuesday, 20 September 2011
Sweden's gross domestic product (GDP) grew 4.9 percent in the second quarter compared to same period last year.

Swedish government throws in Skr 8 billion to strengthen the jobs market as the bieget is presented today

Tuesday, 20 September 2011
They claim that in order to safeguard jobs, it will proposes in the budget bill a social package of Skr8.1 billion for the period 2012-2014.

Extremism in the Nordic countries drop
Thursday, 15 September 2011
As a clear effect in Norway has revealed, there has been fall in extremism in the Nordic countries but though not outside the country in which parties lose for other reasons.

The Danes will chose between working more or lower pension in Elections for Thursday as economy become the main election issue

Wednesday, 14 September 2011
The sluggish Danish economy will be the main driver in determining the choice of the Danes when they go to the polls on Thursday. The right wing bloc wants to reduce pension benefits, while the leftwing are advocating longer retirement age.

Swedish government to spend Skr62 million to prevent extremism

Sunday, 11 September 2011
The Swedish government is investing Skr62 million in a national action plan to fight against extremism.

Denmark chasing Russian energy billions

Thursday, 08 September 2011
By 2015, trade in energy between Denmark and Russia would have grown by 300 percent from Dkr1.1 billion today to Dkr3.3 billion in four years, while the Russian energy consumption will fall lowered.

New Danish custom control gives fewer arrests

Thursday, 08 September 2011
Publicans from the Danish Police and Customs Group show that they are training new customs officers, instead of making random checks at the border as required by the implementation of the custom controls.

Sweden keep interest rates unchanged

Wednesday, 07 September 2011
Swedish central bank, the Riksbank has decided not to move the policy rate. It remains at 2 percent. The decision not to raise interest rates was expected.

How the Swedish household economy has evolved over a 40 years period

Tuesday, 06 September 2011
Many Swedish households now have some of the best economy since 1971. This applies to income, assets and opportunities for consumption, according to the Swedish bank, Swedbank in a 40 years study of the evolution of Swedish household finances.

Finnish domestic consumption increases while exports shrink

Monday, 05 September 2011
The Finnish economic growth remains strong, but exports are losing momentum, according to latest figures out today from statistic Finland.

Swedish Pensioners promised lower taxes in 2013 or 2014

Monday, 05 September 2011
The Swedish ruling Alliance governing coalition has promised pensioners reduced taxes in 2013 or 2014 - if there is a balance in public finances. But already for the next year, there promised reforms to improve the economic situation for pensioners with the lowest incomes.

The Swedish Riksbank may increase rates despite looming crisis and debt worries

Sunday, 04 September 2011
Most analysts believe that the Swedish central bank or the Riksbank, would stop and pause on its trajectory to persistent raising interest rates as the stock market collapse late in the summer led to various sown grades in growth estimates.  But one of the three interest-rate actors believes that the increases in the rates would still continue in the week.

Denmark scraps out of from recession with a better buoyant out look for the future

Wednesday, 31 August 2011
Denmark's economy grew by 1 percent in the second quarter compared with the previous quarter, according to recent figures from the country's statistics agency.

How the American Federal Reserve saved Sweden from the financial crisis but Sweden took credit boasted efficient management.

Tuesday, 30 August 2011
Today Swedish Minister of Finance, Anders Borg and the Swedish central bank are seen in the international financial community as stars for making Sweden standing out of the crisis of 2008 – 2009 and for properly managing the crisis that ensured. But new revelations points to the American Federal reserve as the saviour of Sweden.

Former Swedish Green party leader, Maria Wetterstrand hops out of parliament

Saturday, 27 August 2011
When the Swedish Parliament reconvened after summer recess, one of it most vocal member, Maria Wetterstrand will formally leave her seat.


political-economy