Sweden's central bank may be the next to adopt unconventional policies to fight falling prices, but it is unlikely to match the impact of others as the bond market is small, yields are low and banks are already flush with cash. The European Central Bank said last week it would pump billions of new money into the financial system through sovereign bond purchases, part of a plan to launch a "big ...
Stig Bergling, one of Sweden's most notorious Cold War spies who sold details of its defenses to the Soviet Union in the 1970s, has died at the age of 77, Swedish media reported on Thursday. Bergling stole top secret defense documents while he was working for the Swedish security service, handing them to a Soviet military intelligence agent in Beirut. He was arrested by Israeli secret agents ...
UPDATED: Sweden’s new government recognised Palestine in its first foreign policy decision in October 2014 but Foreign Minister Margot Wallström has said the state needs to change in order to retain Sweden’s support.
A crane lifts a shipping container during loading operations on the dockside at the Port of Gothenburg in Gothenburg. “For Sweden, with more than 70 percent of exports going to Europe, we are dependent on that the European economy does well,” Enterprise and Innovation Minister Mikael Damberg said.
For this week's debate article, Johan Hjertqvist, president of Health Consumer Powerhouse, an organization which compares global healthcare systems, reacts to a new report which reveals that waiting times in Sweden's hospitals are among the worst in Europe.
Sweden's minority government, headed by Prime Minister Stefan Loefven’s Social Democrats, has so far been stymied in enacting its economic agenda of tax increases and public sector investments to create more jobs.
Palestinian president Mahmoud Abbas will visit Stockholm next month after Sweden became the first major state of the European Union to recognise Palestine, the Swedish government announced Friday. "The visit of president Abbas, by invitation from the prime minister, is confirmed for February 10," foreign ministry spokeswoman Ulla Jacobson told AFP.
Israel’s ambassador has sharply criticised Sweden for inviting President Mahmoud Abbas to Stockholm next month, citing it as further evidence of the “energetic pro-Palestinian line” the country’s new red-Green government has taken.