STOCKHOLM (Reuters) -Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous year, but the majority of households still have good economic buffers, a report…
By Krisztina Than BUDAPEST (Reuters) – Hungary’s parliament approved a bill on Monday to allow Finland to join NATO once its application has been ratified by all 30 members of…
STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Governor…
STOCKHOLM (Reuters) – Long-term inflation expectations among financial and business groups in Sweden fell in March, a poll commissioned by the central bank showed on Thursday. Inflation measured with a…
By Simon Johnson STOCKHOLM (Reuters) -Broad inflation jumped in Sweden in February, data showed on Wednesday, putting pressure on the central bank to hike aggressively at its next meeting in…
STOCKHOLM (Reuters) – Sentiment among households and businesses inched higher in Sweden in February, with house-builders and retailers bucking the trend, data from the NIER think tank showed on Friday.…
STOCKHOLM (Reuters) – Sweden’s economy will likely contract next year as high inflation and rising interest rates weigh on households and businesses, the National Institute of Economic Research (NIER) forecast…
By Marie Mannes (Reuters) – Swedish electric self-driving truck start-up Einride said on Wednesday it had agreed to raise capital of $500 million from debt, equity and the conversion of…
STOCKHOLM (Reuters) – Swedish companies have not raised consumer prices by more than is motivated by the growing costs they face, a report published by the National Institute of Economic…
STOCKHOLM (Reuters) – Sweden’s economy will slow sharply next year, but the central banks still expects the landing to be relatively soft, Deputy Governor Martin Floden said on Friday. “The…
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank is seen hiking its policy rate by three-quarters of a percentage point this week to get a grip on soaring inflation,…
STOCKHOLM (Reuters) – A continued rise in underlying inflation is a worry, Swedish central bank Deputy Governor Martin Floden said on Tuesday. Underlying inflation was 7.9% in October compared to…
By Johan Ahlander and Anna Ringstrom STOCKHOLM (Reuters) -The Swedish economy is heading into a recession next year, driven by rampant inflation and the war in Ukraine, the country’s new…
By Foo Yun Chee BRUSSELS (Reuters) -Marlboro maker Philip Morris is set to gain EU antitrust approval for its $16 billion bid for Swedish Match after offering to sell the…
STOCKHOLM (Reuters) – Activity in Sweden’s manufacturing sector contracted for the first time since the pandemic-hit summer of 2020 in September, compilers Silf and Swedbank said on Monday. The purchasing…
STOCKHOLM (Reuters) – Sweden’s economic growth will grind to a halt next year amid soaring inflation and interest rate rises, casting a pall over households and businesses as they prepare…
STOCKHOLM (Reuters) – Sentiment among households and businesses in Sweden darkened further in September from an already low level, data from the NIER think tank showed on Wednesday. Consumer confidence…
STOCKHOLM (Reuters) – Swedish inflation surged again in August, with Wednesday’s statistics office data likely to force the central bank into an aggressive rate hike later this month and again…
By Marie Mannes Philip Morris is considering lowering the acceptance threshold on its bid for Swedish Match, Bloomberg News reported on Monday, citing people familiar with the matter. According to…
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden…
If you’re into trying new things and foreign made culinary delights, Amazon is a great place to search and find those treats. Gardners can go one step beyond and try…
STOCKHOLM (Reuters) -Stockholm police destroyed a bag containing explosives that was found in a park in the Swedish capital late on Sunday night and are investigating further, they said on…
STOCKHOLM (Reuters) – Swedish economic growth is expected to slow significantly during the second half of the year as high inflation hampers economic activity, Sweden’s finance minister said on Thursday.…
(Reuters) -Iran said on Saturday that it had arrested a Swedish citizen on espionage charges, the official IRNA news agency reported, after a court in Stockholm sentenced a former Iranian…
STOCKHOLM – Swedish utility Vattenfall reported a 54% rise in second-quarter operating earnings on Friday as higher electricity prices across the Nordic region, Germany and the Netherlands boosted sales. Underlying…