Sweden

Euro rises to 14-year high against Swedish crown

LONDON, May 24 (Reuters) - The euro rose to its highest against the Swedish crown in 14 years on Wednesday. The prospect of higher rates in the European Union than…

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Norway PM says Sweden should be admitted to NATO in July

OSLO, May 22 (Reuters) - NATO's Vilnius summit in July should give approval for Sweden to become a member of the organisation, Norwegian Prime Minister Jonas Gahr Stoere told foreign…

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Sweden Wins Eurovision 2023

Sweden equals Ireland as most successful country Contest held in Britain on behalf of Ukraine Russia attacked city that is home to Ukraine's entry LIVERPOOL, England, May 13 (Reuters) -…

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Head of Sweden’s No. 2 party calls for rethink of relations with EU

STOCKHOLM (Reuters) - Sweden should seek more exemptions from EU laws as part of a reset in relations with the 27-member bloc, the head of the Sweden Democrats, the country's…

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Sweden accidentally hits Norway with research rocket

STOCKHOLM (Reuters) - A research rocket launched by Sweden Space Corp (SSC) early on Monday from Esrange Space Center in northern Sweden malfunctioned and landed 15 km (9.32 miles) inside…

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Swedish govt sees deeper downturn as it launches inflation-focused budget bill

STOCKHOLM, April 17 (Reuters) - The economic downturn in Sweden this year will be somewhat deeper than initially thought, the government said in a fresh economic forecast on Monday as…

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Criminal network transporting drugs via trucks between Spain and Sweden broken up

Joint actions of the Spanish National Police (Policia National) and the Swedish National Police (Polisen), supported by Europol, have led to the dismantling of a criminal network transporting drugs via…

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Sweden-Hungary ties at low point, Orban aide says, amid Stockholm NATO bid

BUDAPEST, April 6 (Reuters) - Relations between Sweden and Hungary are at a low point, Prime Minister Viktor Orban's chief of staff said on Thursday, calling on Stockholm to take…

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UPDATED: Swedish prosecutor says state sponsored group still most likely Nord Stream culprit

STOCKHOLM, April 6 (Reuters) - The Swedish prosecutor investigating the Nord Stream blasts said on Thursday that "the clear main scenario" was that a state sponsored group was behind the…

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Sweden summons Russia’s ambassador over “legitimate target” statement

Sweden's foreign ministry said on Wednesday it will summon Russia's Stockholm ambassador to complain about an "attempt at interference" with the Swedish NATO application process.Sweden and Finland in 2022 both…

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Nordic countries plan joint air defence to counter Russian threat

COPENHAGEN (Reuters) - Air force commanders from Sweden, Norway, Finland and Denmark said on Friday they have signed a letter of intent to create a unified Nordic air defence aimed…

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NATO’s Stoltenberg hails Turkish move on Finland membership, sees Sweden joining soon

BRUSSELS, March 17 (Reuters) - NATO Secretary-General Jens Stoltenberg on Friday hailed Turkey's decision to move ahead with ratifying Finland's bid for membership of the military alliance and said he was confident…

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Sweden prepares legislation that would block risky foreign investments

STOCKHOLM, March 16 (Reuters) - Sweden will propose a law this year to allow scrutiny of foreign direct investments in Swedish companies and block those that pose a risk to…

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Swedish inflation soars in February, Riksbank under pressure

Headline inflation 9.4%, in line with c.bank forecast Ex-energy inflation 9.3% vs Riksbank's forecast of 8.0% Next rate decision on April 26 C.bank forecast is for 25 or 50 bps…

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Turkey plans to ratify Finland’s NATO bid ahead of May polls

By Orhan Coskun ANKARA, March 15 (Reuters) - Turkey's parliament will "highly likely" ratify Finland's NATO accession bid before it closes in mid-April, two Turkish officials told Reuters on Wednesday,…

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Hungary PM says more talks needed on Finland, Sweden NATO bids

Hungary lawmakers to start NATO expansion debate next Weds Final vote on ratification due on week of March 6 -agenda Orban says Turkey's concerns over Sweden must he heard Lawmakers…

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Blinken, in Turkey, urges speedy Nordics accession to NATO

Turkey has blocked Swedish, Finnish NATO bids Blinken says Sweden and Finland have taken needed steps Cavusoglu says Sweden needs to take more action By Humeyra Pamuk and Huseyin Hayatsever…

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Finland wants to join NATO at the same time as Sweden – PM Marin

MUNICH, Feb 18 (Reuters) - Finnish Prime Minister Sanna Marin said on Saturday her country was aiming to join NATO at the same time as neighbouring Sweden. Finland has made this desire…

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Airline SAS network hit by hackers

STOCKHOLM (Reuters) - Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using its app but later said it had…

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More rate hikes on way as Swedish cbank says wants stronger currency

Half-percentage point hike in line with analysts' forecasts But Riksbank surprises by forecasting further tightening Currency leaps after decision By Simon Johnson STOCKHOLM, Feb 9 (Reuters) - Sweden's central bank…

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Sweden increasingly a focus for Islamic extremists, SAPO security police say

STOCKHOLM, Feb 8 (Reuters) - Sweden has moved into the spotlight for violent Islamic extremists globally after a number of incidents including the recent public burning of the Muslim holy…

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UPDATED: Turkey looks positively on Finland’s NATO bid but not on Sweden’s -Erdogan

ANKARA, Feb 1 (Reuters) - Turkey looks positively on Finland's application for NATO membership, but does not support Sweden's bid, Turkish President Tayyip Erdogan said on Wednesday. "Our position on Finland is…

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Turkey’s Erdogan signals Finland’s NATO bid may be considered over Sweden

ANKARA (Reuters) - Turkish President Tayyip Erdogan signalled on Sunday that Ankara may agree to Finland joining NATO ahead of Sweden, amid growing tensions with Stockholm. "We may deliver Finland…

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Explainer-Why is Turkey blocking Sweden and Finland NATO membership?

STOCKHOLM (Reuters) -Swedish and Finnish hopes of quickly joining NATO have run into an obstacle in the form of objections by Turkey, which holds veto powers over accession to the…

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Sweden tells citizens to avoid crowds in Turkey after Koran burning

STOCKHOLM (Reuters) - Sweden's foreign ministry on Saturday warned Swedes in Turkey to avoid crowds and demonstrations following protests there over the burning of the Koran by a far-right politician…

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Protests in Stockholm, including Koran-burning, draw condemnation from Turkey

STOCKHOLM (Reuters) - Protests in Stockholm on Saturday against Turkey and Sweden's bid to join NATO, including the burning of a copy of the Koran, sharply heightened tensions with Turkey…

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Sweden, Finland must send up to 130 “terrorists” to Turkey for NATO bid, Erdogan says

Sweden and Finland must deport or extradite up to 130 "terrorists" to Turkey before the Turkish parliament will approve their bids to join NATO, President Tayyip Erdogan said. The two…

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EU inaugurates first mainland satellite launch port

The European Union wants to bolster its capacity to launch small satellites into space with a new launchpad in Arctic Sweden. European officials and Swedish King Carl XVI Gustaf inaugurated the EU’s first mainland…

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Sweden finds Europe’s largest deposit of rare earth metals in race against China

LKAB identifies over 1 mln tonnes of resources Company to apply for concession to develop site Mining of deposit still seen 10-15 years away Could in time reduce EU dependence…

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EU needs to keep increasing pressure on Russia – von der Leyen

KIRUNA, Sweden (Reuters) - The European Union needs to keep increasing pressure on Russia and supporting Ukraine, European Commission president Ursula von der Leyen said on Friday. "We need to…

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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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12

Jan

Crypto exchange Binance registers in Sweden

STOCKHOLM, Jan 12 (Reuters) - Sweden's financial watchdog said on Thursday it had registered crypto exchange Binance this week as a financial institute in the country. The registration allows Binance…

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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 takes over the EU presidency

Sweden takes over the EU's rotating presidency from January 1 vowing to maintain unity on Ukraine and uphold free trade in the face of calls for a tougher response to…

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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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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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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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Erdogan says Turkey still negative on Sweden’s NATO bid

ANKARA, (Reuters) - President Tayyip Erdogan said on Thursday that Turkey would continue opposing Sweden's NATO membership bid until its demands are met for a tougher Swedish stance against "terrorist…

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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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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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