Stockholm University News
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Dentral Smith had to say no when her granddaughter asked for a treat on the way home from school. The government’s cut in unemployment payments leaves her with less spending money.
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Karolina Ekholm argued for looser monetary policy for almost three years on the Swedish Riksbank’s board. Her perseverance, grounded in scholarly analysis of global trends, is now bearing fruit.
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As the euro region tightens its belt to draw a line under its three-year debt crisis, the architect of Sweden’s budget framework says it’s time for the Scandinavian nation to go the other way.
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Sweden’s central bank will probably keep its main lending rate unchanged at its April meeting, Riksbank Deputy Governor Barbro Wickman-Parak said.
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Zimbabwe may become the world’s first country to pass a law requiring that women hold at least 50 percent of posts in parliament and other government bodies, according to a new constitution.
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Sweden risks damaging its status as a haven for international investors as opposition parties put up their biggest fight yet to block a key part of the minority government’s budget.
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Jimmie Aakesson , the leader of Sweden’s anti-immigrant party, had the makeup lounge all to himself before an election-night television appearance. The reason was that a rival party head refused even to be in the same room.
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German economic growth will fail to pick up next year as the euro region’s sovereign debt crisis saps demand for German exports, the government’s council of economic advisers said in its annual report.
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Sweden is enjoying its lowest borrowing cost ever relative to Germany as investors reward the biggest Scandinavian economy for cutting its debt to less than half Europe’s average and enforcing discipline at its banks. See: FIFW NSN LVJI3207SXKX <GO>
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Sweden needs to reduce its number of state pension funds to lower costs and improve returns on about $131 billion in assets being managed for the Nordic nation’s retirees, a government-appointed committee said.
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