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Norway would like to lend more money to the IMF

Wednesday, 01 February 2012
The Norwegian government wants to lend more money to the International Monetary Fund, in addition to Nkr55 billion previously borrowed out to the organisation.

Large surplus in the Swedish government budget 2011
Tuesday, 31 January 2012
The surplus in the Swedish state budget for 2011 was Skr67.8 billion. It is Skr69.8 billion higher than 2010, which ended with a deficit.

Fears of Poor interest rates for Swedish loan to the IMF
Tuesday, 31 January 2012

Sweden wants to do business with the IMF buy providing some of its excess cash to indebted countries via the IMF but it looks that would turn out to be a very bad business earned interest on the loan has been assessed as mediocre.


Sweden ‘defacto’ accepts to work for the Euro finance pact
 Tuesday, 31 January 2012
Sweden is accepting to fully join the euro countries' fiscal pact according to the Prime Minister, Fredrik Reinfeldt, whose request for Swedish influence in the whole process was being considered at the Euro summit.

Confidence for Swedish government increases Monday, 30 January 2012
Swedish peoples’ trust in their centre-right coalition government is in an upward trend according to a new survey.

Examining the Swedish political situation: New Opinion poll Low for the Social Democrats
Sunday, 29 January 2012
The Social Democrats just changed their leader last week et the effects is not yet being felt as later opinion poll show the party in another historic low.

The Social Democrats rejects the new draft of EU finance pact
Tuesday, 24 January 2012

The opposition Social Democrats party has rejected the fourth draft of the EU fiscal pact and stops thus Sweden's ability join the euro countries and Finland in signing the pact.

Euro crisis start biting Sweden hard as GDP destined to fall flat

Tuesday, 24 January 2012
Swedish GDP fell last quarter of last year and a further decline is expected in the first quarter of this year, according to an assessment made by Swedbank.

Brighter future for embattled Swedish Social Democrats party when Margot Wallström is open for the leadership job? No!
Tuesday, 24 January 2012

Swedish Social Democrats Party could breathe a sign of relief if what is seen as a sign of acceptance for the top leadership opposition of the party by some of its heavy hitters, Margot Wallström is confirmed.

Crisis in the Swedish Social Democrat Party – the search for Juholt successor more difficult than thought
Sunday, 22 January 2012

The demise of Juhold and the inability of the Social Democrats to point a figure to a possible successor show that the Social Democrats and Sweden as a whole is running out of future leaders and managers.

Bloody nose for True Finns leader in Finnish presidential election first round as favourite, Niinistö leads to the second round
Sunday, 22 January 2012
When nearly 99 percent of the votes in the Finnish presidential election was counted later last night, it is clear that the pre-tipped Niinistö from the National Coalition Party has had nearly 37 percent of the votes cast.

The resistance of Juholt gave way today as he resigned
 Saturday, 21 January 2012
The crisis in the social democrat party reached tipping point today with the resignation of its leader.

Social Democrats decide to keep their man Juholt as head
Friday, 20 January 2012
Hakan Juholt, the only man in recent memory that can withstand all types of pressure was determined to remain in his position as head of the Swedish Social Democrat party.

It is surprising how one man can take such pressure and continue standing - Many districts now asking for Juholt to leave his leadership position

Friday, 20 January 2012
If one needs where to get inspiration for survival while remaining strong, lessons could be learnt from the leader of the Swedish Social Democrat Party. This guy has taken tones of beating and wicket press both from within his own party and from outside.

The Social Democrats grapple with growing weakness in its support, continue to interrogate its leader
Friday, 20 January 2012
The leadership issue in the Swedish biggest political party, the Social democrats continues even though the current one, Håkan Juholt has been grilled in a more relaxed way that would have been expected.

Finnish Presidential candidates try to seek how take on the explosive xenophobia growing in the country
 Thursday, 19 January 2012
Most Finnish presidential candidates agree that xenophobia is a growing problem in Finland. However, concrete ideas to combat racism are still few and far between. Here is a look at what the candidates recently said on the issue.

Sole searching in the Social Democrats party as the leader, Juholt is put on the hot seat
Thursday, 19 January 2012

Sweden’s biggest political party, the Social Democrats party is in serious crisis. Post election support for the party has plummeted concurrently for several months with the party leadership not seen as strong enough to galvanise the party support.

Swedish Premier Reinfeldt looks at the long term effect of the Euro crisis on Sweden as he clashed in the parliament with the opposition
Wednesday, 18 January 2012

Europe is in a simultaneous financial crisis, debt crisis and the crisis of confidence which will also affect the Swedish economy for many years. This is the view of the Swedish Prime Minister, Fredrik Reinfeldt at the parliamentary party leaders’ debate on Wednesday in the Swedish parliament.

Swedish Social democrat leader accuses the Swedish government of selling out the country

Wednesday, 18 January 2012

In what looks like a war of words and moves to like improve on his political standing, the leader of the social democrats, Hakan Juholt has attacked premier, Fredrik Reinfeldt for what he called the sale out of Sweden’s common assets.


Swedish Social Democrats against Sweden support for the euro pact – Strategic or playing politics?
Tuesday, 17 January 2012
The Swedish opposition party, the Social Democratic have put their feet firm on the ground and maintained their stance on rejecting the proposal for Sweden supporting the euro pact. Swedish Finance Minister, Anders Borg of the Conservative Moderate party on the other hand wants Sweden to be with the euro countries' in their own financial summits.

Standard & Poor's downgrades the EU's crisis fund
Monday, 16 January 2012

The credit rating agency Standard & Poor's downgrades EU crisis fund EFSF with one step.
According to the Institute, the fund's credit rating is now AA +.

Denmark among the 12 countries with the best credit ratings as Finland hit by Euro crisis but still leans on AAA
Monday, 16 January 2012

Only 12 countries receive the coveted AAA-rating by rating agencies, and Denmark is one of them. All Scandinavian countries except Iceland have the envious AAA rating.

Finland’s struggle with the Euro continues as more calls for the resurrection of the Finnish Mark becomes louder
Monday, 16 January 2012

The Finnish presidential election edge closer, concerns about the Euro single currency has now been raised again. The call is that Finland should abandon the euro.

Swedes paints a gloomy outlook for their economy.
Monday, 16 January 2012

Although their economy s not among those which has a credit downgrade recently, the Swedes are beginning to have a bleak view of their economy over the next year, according to a new study by the Swedish organisation,  Svenskt Kvalitetsindex (Swedish Quality Index) (SKI) in a recent survey

Rampant Negative ratings pass Sweden by as its economy seen as strong Sunday, 15 January 2012
Rampant negative ratings hitting the European economies just has just pass Sweden by as its economy is determined to be well placed to weather any crisis despite the fact that several euro area countries had their credit ratings lowered - at least in the short term.

Demonstrations across sweden against Carl Bildt
Sunday, 15 January 2012

On Saturday, there were several demonstrations against Swedish Foreign Minister, Carl Bildt.
The demonstrators were protesting, among other things against Bildt's conduct in relation to the case of the imprisoned journalists in Ethiopia and that he need not take any responsibility in the company, Lundin Petroleum.

The beleaguered Swedish opposition leader, Juholt accused of deception about budget process.

Friday, 13 January 2012
On Friday, the Swedish business daily, Dagens Industri reports that that people within the top management circles of the opposition party, Social Democrats, have had access to a document which reveal that the party’s  chairman, Hakan Juholt, lied about the party's budgetary process.

Swedish inflation is close to seven year low
 Thursday, 12 January 2012
Swedish inflation continues to fall. Were it not for higher mortgage rates the general price level in December would have remained unchanged from November. Underlying inflation is now at its lowest in almost seven years.

The Swedish Government to review loopholes in the country's corporate tax law
Thursday, 12 January 2012
The Swedish government is self-critical after it was revealed that big corporations through a loophole in the law could ferry away large sums in taxes.

Swedish companies are excited to invest in a Swedish low interest regime

Wednesday, 11 January 2012
Sweden's record low interest rates on borrowing have led businesses to push for increased investment mood. According to the latest survey from Statistics Sweden (SCB), companies are showing signs of increasing their investment spirit, a lot more this year than last year.

Sweden is borrowing at record low rates as their economy has remain relatively untouched by the crisis.

Wednesday, 11 January 2012
Sweden is at this moment borrowing at record low rates. While many EU countries are forced to pay exorbitant interest rates Swedish state borrows for free.

Former Swedish PM, Persson calls on Sweden to join the euro pact
Monday, 09 January 2012

"If there is any country that should go into the new euro pact it is us," said the former Swedish Prime Minister, Goran Persson in an interview with a Swedish Social media news portal.

Sweden should prepare for a stagnant economy and repo rate fall to 0.5 percent by the summer: Danke Bank analysis
 Monday, 09 January 2012
Sweden's economy will shrink this year, forcing both the Swedish central bank or the Riksbank and the government to change financial course. By summer, the repo rate should be down to 0.50 percent according to Danske Bank in a recent Swedish macro economic outlook.

Danish visas difficult to get hold of

Thursday, 05 January 2012
People from dozens of countries are now effectively excluded from Denmark. Agreements on visa cooperation with Finland, France and Germany have expired.

Economic confidence is best in Sweden compared to other EU countries
Monday, 02 January 2012
Among Europe's major economies, Swedes is the only smaller economy that challenges the big boys in terms of confidence in their own country's national accounts to stand up. It shows a new global survey conducted in 24 countries with nearly 18,000 respondents too part.

Finnish far right leader, Soini softens his EU line as he campaigns for Finnish presidency
Friday, 30 December 2011
The leader of the Finnish far right party, the True Finns, who is also a presidential candidate in the Finnish presidential election, Timo Soini is ready to compromise in EU policies if he is elected president. The church must be in the middle of the village, he said to Finnish broadcaster, Yle, thereby retracting a very previously hard stands against the country’s EU policies.

Swedish Tax authority reports success in the hunt for hidden assets broad as the year saw tax evaders scared out of themselves.
Wednesday, 28 December 2011

Over 1500 Swedes in 2011 voluntarily moved their money from tax havens back to Sweden. The fear of being discovered and prosecuted appears to be increasing when Swedish tax authority is now increasingly benefiting from information exchange with a number of tax havens.

Calls for lowering Swedish Corporate tax could become a reality
Tuesday, 27 December 2011
The Swedish corporate tax rate must be reduced from 20 to 15 percent, considers industrialist Rune Andersson, who is a member of the government's business tax committee.

The Swedish Social Democrats party reaching cross roads as Confidence in leadership of Juholt Collapses
Tuesday, 27 December 2011

The Swedish Social Democrats party is like the Republican Party in the USA or the labour party in the UK which have lots of opportunities to take over power from the ruling incumbent but lack the strategy and will to do so.

The British economy overtaken by Brazil to become the world’ Sixth with Britain seventh
Monday, 26 December 2011
UK relegated to seventh place in world league of leading economies in 2011, according to team of economists

Swedish government hit the banks with a new reform policy that will see customers easily migrate their account
Thursday, 22 December 2011
It is really very easy to do banking in Sweden but there in one thing that make it a complex business in the Swedish banking sector for ordinary customers – costs. There is also the feeling that the sector is not competitive enough withy a few very big banks blockading the market.

Sweden will not give up tax battle with the EU over quest that voluntary associations pay VAT
Thursday, 22 December 2011
Swedish Finance Minister Anders Borg forecasts continued battle against Brussels in order to exempt sports clubs and other voluntary associations from VAT.

Norway provides Nkr55 billion to the IMF
Wednesday, 21 December 2011
Norway offers to make Nkr55 billion available to the IMF,according to reports in Norway media sources citing  statement from the Norwegian Prime Minister, Jens Stoltenberg's press briefing at breakfast today.

Swedish central bank governor, Ingves lowers interest rates
Tuesday, 20 December 2011
The Swedish central bank, the Riksbank, and its governor, Stefan Ingves, lowers the country’s interest rate by 0.25 percentage points to 1.75 percent.

Sweden is ready to set up with 100 billion contribution for IMF controlled Euro fund
Tuesday, 20 December 2011
Sweden is prepared to stand up to Skr100 billion in loans to the IMF for the Fund to help the troubled euro area countries. It would be recalled that Sweden had promised to contribute in helping the troubled EU countries only through the IMF.

Sweden's Social Democrats party opens its doors for EU Pact talks
 Monday, 19 December 2011
Tommy Waidelich, the Social Democrat’s economic policy spokesperson, is open for talks on Swedish accession to the euro countries' fiscal pact.

Sweden to face two lean years of growth but to maintain budget surplus – a new assessment

Friday, 16 December 2011
The Swedish economy is somewhat weaker than previously thought as a result of external factors but yet the Swedish Finance Minister, Anders Borg, sees a surplus in the state budget over the next four years, according to a news assessment.

Denmark cut its key interest rate again
Thursday, 15 December 2011
Denmark's central bank announced on Thursday that it cut its key interest rate (lending rate) by 10 basis points to 0.70 percent and the nation’s economy continues to struggle.

Swedish central bank chief, Ingves would lend Skr100 billion to the IMF
Thursday, 15 December 2011
The Swedish central bank Governor, Stefan Ingves has been reported to deem it reasonable for Sweden to give a loan commitment of up to Skr100 billion to the International Monetary Fund (IMF) crisis management.

Cracks in the Swedish opposition coalition as the Green Party refuses to endorse social democrats leader, Hakan Juholt
Thursday, 15 December 2011
The Swedish Green Party has refused to decide who the party wants to see as Prime Minister, within their own bloc, thereby refusing to endorse the leader of the biggest political party in Sweden – the Social Democrats.

Bank Of Finland sees subdued Economic Growth as the euro sovereign debt dent previously plotted economic growth trajectory.

Thursday, 15 December 2011
Finland's economic outlook has deteriorated further as the sovereign debt crisis and uncertainty over the financial system weakens both foreign and domestic demand, Finland's central bank said Thursday.

Norway cut its key interest rate
Wednesday, 14 December 2011
The Norwegian central bank, Norges Bank has lowered its key rates by 50 basis points on Wednesday, reports the news agency TDN Finans.

Swedish government divided over EU pact
Tuesday, 13 December 2011

The Swedish government aims to belong to the core of the EU but it lacks support in parliament to connect Sweden to the euro countries' fiscal pact, and this is now becoming a dividing issue.

Finland sinking into recession?
Tuesday, 13 December 2011

Finland is headed toward a recession, according to a Finnish leading bank, Sampo Bank.

Swedish love with high taxes realised as 63 municipalities to increase taxes as from next year

Tuesday, 13 December 2011
63 of the 290 municipalities in Sweden will see their total tax rate rise, while in six municipalities, there will be a fall.

Swedish EU Committee supports the EU agreements

Friday, 09 December 2011
The Swedish EU Committee on Friday gave its approval to a Swedish participation in EU agreements that are being worked out.

Swedish government invests Skr62 million to combat extremism
Friday, 09 December 2011

The Swedish government announced on Friday its plan of action against violent extremism. In it some Skr62 million is t be invested by 2014 to counter extremism in the schools, the Internet and in community.

Swedish Prime Minister Reinfeldt don’t seem satisfied with Euro treaty terms on Swedish
Friday, 09 December 2011
Swedish Prime Minister, Fredrik Reinfeldt after reading the text of the proposed rules on strengthening economic governance of the euro countries, doubts whether Sweden should join in signing the treaty voluntarily.

European bureaucracy is costing states as EU summits pitted to cost billions Thursday, 08 December 2011
When forces in countries such as the UK are clamouring to withdraw most of their relations with the EU, one may feel the UK is just whining because their economy is bad. But far from that the inability of the EU bureaucrats to quickly and intelligently resolve the current crisis in dragging the region to intense financial looses.

French rivals to the Swedish Jas gripen may be grounded
Thursday, 08 December 2011

France is considering stopping the production of its fighter jets Rafale which is one of the arch rivals to the Swedish jet fighter Jas Gripen. This could follow the eventually cessation of production if there are no orders from abroad.

Sweden will provide "significant amount" to euro – crisis fund
 Wednesday, 07 December 2011
The Swedish Government has proposed that Sweden will put up with what it called "significant amount" to the International Monetary Fund, IMF, so that the fund can help troubled euro zone countries.

Because of the EURO crisis, Finland’s credit ratings may drop

Wednesday, 07 December 2011
Finland is the only Nordic country that uses the Euro and despite the fact that its economy is doing quite well, the U.S. ratings agency Standard & Poor's has warned Finland that its credit rating might be dropped along with the other euro area countries.

Finnish EU commissioner, Rehn: Indecision at EU summit will lead to recession Monday, 05 December 2011
EU Economic Commissioner Olli Rehn says failure to reach decisions at this week’s EU summit to secure the euro’s stability would lead to recession also in Finland and a possible break-up of the common currency in its present form.

Finnish President, Halonen blames increased Racism in the country on globalisation.
Monday, 05 December 2011

Finnish President, Tarja Halonen says the increased incidence of racist comments in Finland is a symptom of the dark side of worldwide globalisation.

Finnish GDP growth means no recession in the country
Monday, 05 December 2011

Finnish GDP growth in the third quarter means that recession can not be spoken of in the country’s productivity for the year.

The Gripen business with Switzerland forces a referendum
Sunday, 04 December 2011

The Socialists party in Switzerland is to hold a referendum on the federal government's decision to buy 22 Swedish fighters jets, the JAS Gripen. On Saturday, they voted unanimously for a resolution on the matter to be taken in that way.

Swedish central bank appoints New Deputy Governors
Friday, 02 December 2011

The General Council of the Swedish central bank has appointed Kerstin af Jochnick and Per Jansson as new Executive Board of the Riksbank – the Swedish central bank.

Sweden relaxes the clampdown on Syria and puts business before human rights
Friday, 02 December 2011
As the EU countries try hard to hold down the Syrian regime from persistently continuously kill its own people using western advance technology, Sweden remains the only western country defying the role and continues to supply Syria with tools to use in killing its own people.

Finland and Denmark second least corrupt countries in the world
 Thursday, 01 December 2011
Finland has moved back up Transparency International’s corruption perceptions index. Last year Finland was the fourth least corrupt nation in the world, but this year it has moved up to joint second position with Denmark, after New Zealand in top spot.

Euro zone "on a knife edge"- Finnish Prime Minister

Thursday, 01 December 2011
Prime Minister Jyrki Katainen believes Finland can ride out the storm of the current economic crisis. However, he stressed the situation in the euro zone was serious and “on a knife edge.”

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.


political-economy