Sweden

Swedish inflation runs red hot in December, raising pressure on Riksbank

STOCKHOLM, Jan 13 (Reuters) - Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome that raises pressure on the…

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Swedish house prices fall again as downturn deepens

STOCKHOLM, Jan 12 (Reuters) - Swedish house prices fell 5% in the fourth quarter last year compared with the previous three months as a downturn in real estate prices deepened…

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Russia suggests Sweden has ‘something to hide’ in Nord Stream blast probe

Jan 12 (Reuters) - Russia questioned on Thursday whether Sweden had "something to hide" over explosions that damaged the Nord Stream gas pipelines last year, as it slammed Stockholm for…

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Sweden makes regulatory push to allow new nuclear reactors

Sweden is preparing legislation to allow the construction of more nuclear power stations to boost electricity production in the Nordic country and bolster energy security, Prime Minister Ulf Kristersson said…

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Sweden in talks with the United States on closer military ties

OSLO, Jan 9 (Reuters) - Sweden and the United States have begun negotiations to form deeper security ties in the form of a defence cooperation agreement (DCA), the Swedish government…

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Swedish PM says cannot meet all Turkey’s demands for NATO membership support

STOCKHOLM, Jan 8 (Reuters) - Sweden is confident that Turkey will approve its application to join the NATO military alliance, but cannot fulfill all the demands Ankara has made as…

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Sweden to require negative COVID tests for travelers from China

STOCKHOLM, Jan 5 (Reuters) - Sweden will require travelers from China to show they have tested negative for COVID before they can enter the country, the Nordic country's government said…

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Sweden faces recession lasting into 2024, finance minister says

(Reuters) - The Swedish economy will enter a deeper, more long-lasting recession next year than previously forecast as soaring energy prices drive up inflation, hitting households and businesses, the country's…

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Swedish power demand could double by 2035 amid electrification drive

(Reuters) - Power consumption in Sweden may double by 2035 from massive plans to electrify industry and society at large, requiring a "historically rapid" expansion of generation and grid capacity,…

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Swedish prime minister urges energy restraint to prevent shortages

STOCKHOLM, Dec 9 (Reuters) - Sweden's prime minister on Friday urged people to use less electricity as cold weather drives up demand, although the grid operator Svenska Kraftnat said there…

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Sweden detains two on suspicion of espionage

STOCKHOLM (Reuters) -Swedish police said on Tuesday they had detained one person on suspicion of espionage and a second individual believed to have aided the suspected crimes. The main suspect…

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Onshore wind to become Sweden’s largest power source by 2030 – Rystad

By Nora Buli OSLO (Reuters) - Swedish onshore wind production is projected to overtake hydropower as the country's largest source of electricity by the end of this decade, underpinning the…

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UPDATED: Nord Stream leaks confirmed as sabotage, Sweden says

Sweden says damage to Nord Stream pipes was "gross sabotage" Traces of explosives found at site during investigations Further probe will determine if any suspects can be identified By Anna…

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Sweden to spurn nuclear weapons as NATO member, foreign minister says

STOCKHOLM (Reuters) - Sweden plans to declare nuclear weapons cannot be stationed on its territory when the country joins the NATO military alliance, following in the footsteps of its Nordic…

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Sweden indicts two men for spying on behalf of Russia

STOCKHOLM, Nov 11 (Reuters) - Swedish prosecutors on Friday indicted two brothers for gross espionage on behalf of Russia, saying the alleged crime could be detrimental to the Nordic country's…

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New Swedish PM says open to nuclear weapons under NATO

Sweden’s new prime minister said he was open to allowing nuclear weapons on Swedish soil once the country becomes a Nato member, a turnaround from the previous government’s stance. Prime…

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Swedish economy heading for ‘tough winter’, new finance minister says

STOCKHOLM, Oct 31 (Reuters) - The Swedish economy is heading into a recession next year, driven by rampant inflation and the war in Ukraine, the country's new finance minister said…

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Far-right Sweden Democrats, Russian and Belarus ambassadors not welcome at Nobel banquet

The anti-immigration Sweden Democrats, which became the country's second biggest party in last month's election, are not welcome at the Nobel banquet, the Nobel Foundation said This year's laureates, which…

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Swedish foreign minister says NATO accession top priority

STOCKHOLM (Reuters) - Accession to NATO is a top priority for Sweden's newly-appointed government, Foreign Minister Tobias Billstrom said in Helsinki on Friday after a meeting with his Finnish counterpart,…

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NATO allies would act if Sweden, Finland come under pressure, Stoltenberg says

BRUSSELS, Oct 20 (Reuters) - NATO allies will act if Sweden or Finland come under pressure from Russia or another adversary before they become full members of the alliance, NATO…

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Swedish parliament confirms Moderate Party leader as new prime minister

STOCKHOLM, Oct 17 (Reuters) - Sweden's parliament confirmed Moderate Party leader Ulf Kristersson as prime minister on Monday as head of a three-party minority coalition with support from the anti-immigration…

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UPDATED: Swedish Moderates party leader strikes deal to form minority government

Sweden's parliament will hold a vote on Monday on the proposed formation of a minority government led by Moderates party leader Ulf Kristersson, parliament's speaker Andreas Norlen told a news…

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Swedish inflation nears 10%, hefty rate hike seen in November

STOCKHOLM, Oct 13 (Reuters) - Headline inflation in Sweden hit a new milestone in September, jumping to 9.7%, the statistics office (SCB) said on Thursday, making it likely that the…

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Swedish Moderate Party leader expects to form government in the coming days

STOCKHOLM, Oct 12 (Reuters) - The leader of Sweden's Moderates party, part of a right-wing bloc that won a majority in elections for parliament last month, said on Wednesday he…

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FACTBOX-The winners of 2022 Nobel prizes

Oct 10 (Reuters) - Following is a list of the Nobel prize winners in 2022: Nobel Prize for Economics - U.S. economists Ben Bernanke, a former chairman of the Federal…

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Nobel prize for economics goes to Bernanke, Diamond, Dybvig for research on financial crises

STOCKHOLM, Oct 10 (Reuters) - Former Federal Reserve chief Ben Bernanke along with Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize "for research on banks and financial…

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U.S. Navy jet flew across Baltic hours after Nord Stream burst

OSLO/PARIS/WASHINGTON (Reuters) - A U.S. Navy reconnaissance aircraft flew near the site of the ruptured Nord Stream 2 pipeline in the Baltic Sea hours after the first damage emerged, according…

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Swedish police say Nord Stream investigation finds evidence of detonations

HELSINKI/STOCKHOLM (Reuters) - A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe found evidence of detonations, strengthening suspicions of "gross sabotage", Sweden's…

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UPDATED: French author Annie Ernaux wins 2022 Nobel Prize for Literature

STOCKHOLM, Oct 6 (Reuters) - French author Annie Ernaux won the 2022 Nobel Prize in Literature on Thursday for "the courage and clinical acuity" in her largely autobiographical books examining…

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Nobel prize goes to pioneers of molecule-building “click chemistry”

STOCKHOLM, Oct 5 (Reuters) - Scientists Carolyn Bertozzi, Morten Meldal and Barry Sharpless won the 2022 Nobel Prize in Chemistry on Wednesday for discovering reactions that let molecular building blocks…

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Explorer of ancient DNA wins Nobel medicine prize

Swedish geneticist Svante Paabo won the 2022 Nobel Prize in Physiology or Medicine on Monday for discoveries that underpin our understanding of how modern day humans evolved from extinct ancestors.…

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Swedish economy set to grind to a halt as inflation bites

STOCKHOLM, Sept 28 (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…

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Anti-immigration election gains divide Sweden, worry rights groups

STOCKHOLM, (Reuters) - The populist, anti-immigration Sweden Democrats' rise to real power after Sunday's election has civil rights groups and many immigrants worried about what the future might hold in…

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UPDATED: Sweden’s PM resigns after election defeat

COPENHAGEN, Sept 15 (Reuters) - Sweden's outgoing Prime Minister Magdalena Andersson has handed in her resignation to the speaker of parliament, she said on Thursday, paving the way for a…

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Swedish inflation surge paves way for big hike by Riksbank

STOCKHOLM, Sept 14 (Reuters) - Inflation in Sweden surged again in August, figures from the statistics office showed on Wednesday, with the outcome likely to force the central bank into…

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UPDATED: Swedish voters hand anti-immigration Sweden Democrats influential role

STOCKHOLM, Sept 12 (Reuters) - Sweden's right bloc appeared in pole position on Monday to form a government for the first time in nearly a decade, helped by a wave…

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Swedes head to polls in close-run election marked by crime, energy crisis

STOCKHOLM, Sept 11 (Reuters) - Swedes vote on Sunday in an election pitting the incumbent centre-left Social Democrats against a right-wing bloc that has embraced the anti-immigration Sweden Democrats in a bid…

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Sweden goes to the polls

STOCKHOLM (Reuters) - Tough talks and trade-offs await the winning side in Sweden's parliamentary elections with the governing centre-left and their right-wing challengers facing weeks of uncertainty should they come…

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Tested PM or new right bloc? Swedish voters undecided as hard winter looms

STOCKHOLM (Reuters) - The energy crisis, soaring inflation and war in Ukraine could help Social Democrat Prime Minister Magdalena Andersson to secure another term in office if Swedes decide to…

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Sweden’s cost of living crisis spooks voters ahead of election

STOCKHOLM (Reuters) - With its robust welfare provisions and green energy mix, wealthy Sweden should be better placed than most countries in Europe to withstand the energy-driven cost of living…

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Swedish economy slowing, could be recession next year

STOCKHOLM, Sept 7 (Reuters) - Sweden's gross domestic product (GDP) was unchanged in July against the previous month, a preliminary, seasonally-adjusted estimate by the Statistics Office showed on Wednesday, amid…

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Sweden, Finland step in to avert Lehman-like situation for power companies

STOCKHOLM/HELSINKI, (Reuters) - Finland and Sweden announced plans to offer billions of dollars in liquidity guarantees to power companies in their countries after Russia's Gazprom shut the Nord Stream 1…

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Sweden to introduce new measures to clampdown on e-scooter dangers

Sweden is about to introduce new measures to curb on the disruption caused by e-scooters. Bloomberg reports that the latest clampdown comes into effect in September. "The ban on riding…

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Swedish police arrest teenage boy for shopping centre shooting

STOCKHOLM (Reuters) -Swedish police on Friday arrested a teenage boy for killing one person and injuring another in a shooting at a shopping centre in the southern city of Malmo. …

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SAS cancels 1,700 flights due to pilot strike, late aircraft deliveries

STOCKHOLM, Aug 19 (Reuters) - Scandinavian airline SAS has suspended 1,700 flights in the coming months due partly to a two-week pilot strike in July over collective agreements and delayed…

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Swedish inflation eases to 8.0% in July, below forecast

STOCKHOLM, Aug 12 (Reuters) - Swedish inflation fell in July as volatile energy prices eased, but with electricity costs set to rise this winter and food prices already soaring, the…

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Sweden agrees to extradite man to Turkey in wake of NATO deal

Sweden's government has decided to extradite a man to Turkey wanted for fraud, it announced, the first case since Turkey demanded a number of people extradited in return for allowing…

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Biden to sign documents backing Sweden, Finland for NATO

U.S. President Joe Biden was due on Tuesday to sign documents endorsing Finland and Sweden's accession to NATO, the most significant expansion of the military alliance since the 1990s as it responds to Russia's invasion…

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U.S. Senate backs Finland and Sweden joining NATO, Italy’s parliament gives final approval

WASHINGTON, (Reuters) - The U.S. Senate approved Finland and Sweden's accession to NATO, the most significant expansion of the 30-member alliance since the 1990s as it responds to Russia's invasion of Ukraine.…

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Italy’s lower house backs NATO membership for Finland and Sweden

ROME (Reuters) - Italy's Chamber of Deputies approved a bill on Tuesday to ratify the accession of Finland and Sweden to NATO in a vote welcomed by Giorgia Meloni, whose…

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Swedish economy bounces back in Q2, but slowdown ahead

STOCKHOLM, July 28 (Reuters) - Sweden's economy bounced back after a weak start to the year with gross domestic product expanding 1.4% in the second quarter compared to the previous three months,…

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Sweden dismisses move to return ‘spoils of war’ to Poland

Sweden’s Foreign Minister Ann Linde said she won’t return a historical document to Poland, as it was a “legitimate” spoil of war. Łaski’s statutes, the first codification of Polish law,…

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Swedish annual inflation hits 8.5% in June, highest since 1991

STOCKHOLM, July 14 (Reuters) - Consumer prices in Sweden rose 8.5% in June from the same month last year and were up 1.2% from the previous month, the statistics office (SCB) said…

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Swedish cenbank prioritising anti-inflation fight over growth

STOCKHOLM, July 11 (Reuters) - Sweden's central bank will prioritize bringing down inflation over risks to growth, rate-setters said in the minutes of its most recent policy meeting, published on Monday. At…

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SAS flights cancelled as pilot strike deepens airline’s troubles

STOCKHOLM, July 7 (Reuters) - Hundreds of SAS flights were cancelled on Thursday as the airline wrestled with a strike by pilots at its main SAS Scandinavia arm, overshadowing a traffic surge during…

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Woman stabbed to death at Swedish political festival

STOCKHOLM (Reuters) -A woman was stabbed to death on the Swedish island of Gotland, police said on Wednesday, at a political festival taking place just over two months before a…

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63% of SAS flights cancelled on Wednesday

STOCKHOLM, July 6 (Reuters) - Scandinavian airline SAS headed into the third day of a crippling pilot strike, cancelling well over half its flights on Wednesday, as it geared up for the…

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