Youth unemployment soars in Sweden

Youth unemployment soars in Sweden

 Youth unemployment in Sweden hit its highest level this century in July due to the widespread economic disruption caused by the coronavirus pandemic and measures to halt its spread, figures…
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Record drop in Swedish GDP

Record drop in Swedish GDP

Sweden's gross domestic product fell a record 8.6% in the second quarter from the previous quarter and 8.2% from a year earlier, according to a flash estimate from the statistics…
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Danske Bank warns of more layoffs

Danske Bank warns of more layoffs

Danske Bank's falling second-quarter net profit beat expectations on Friday but it warned of further layoffs as part of a four-year strategy of cutting costs. The Nordic lender is struggling…
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