Sweden and the EU
Latest business news about Sweden and the European Union.
- Swedish energy group Vattenfall reveals EUR 3.9 bn write-down — 21 July 2015, 12:42 CET
Sweden's state-owned energy group Vattenfall announced a massive 36.3
billion krona ($4.2 billion, 3.9 billion euro) writedown Tuesday tied to
looming closures of two nuclear reactors and slumping lignite activity
- EU criticises Saudi silencing of Swedish minister speech — 10 March 2015, 15:23 CET
The European Union expressed regret Tuesday after the Swedish foreign minister accused Saudi Arabia of blocking her speech at an Arab League meeting.
- Swedish art museum uses Romanian street beggars as props — 05 March 2015, 07:07 CET
By putting two Romanian beggars on display in their latest show, Swedish
artists meant to raise questions about global inequality but instead
find themselves accused of exploiting the poor.
- Abbas to Stockholm after Israel shuns Swedish visit — 30 January 2015, 12:42 CET
Palestinian president Mahmoud Abbas will visit Stockholm next month
after Sweden became the first major state of the European Union to
recognise Palestine, the Swedish government announced Friday.
- Volvo makes EUR 400 m provision for EU antitrust probe — 25 November 2014, 17:23 CET
Sweden's Volvo, the world's second-largest maker of trucks, said Tuesday that it was setting aside 400 million euros to cover a potential antitrust fine from the European Union.
- Sweden seeks ban on synthetic marijuana after two deaths — 10 November 2014, 22:31 CET
Sweden has asked the European Union for the right to speed up a ban on substances contained in a synthetic marijuana sold as "Spice" after two apparent fatal overdoses, the health ministry said Monday.
- Sweden: country overview — 29 May 2014, 10:29 CET
Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum. Sweden's long-successful economic formula of a capitalist system intermixed with substantial welfare elements was challenged in the 1990s by high unemployment and in 2000-02 and 2009 by the global economic downturns, but fiscal discipline over the past several years has allowed the country to weather economic vagaries.
- Sweden country profile — 29 May 2012, 18:06 CET
Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a highly skilled labor force. In September 2003, Swedish voters turned down entry into the euro system concerned about the impact on the economy and sovereignty. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for vast majority of industrial output, of which the engineering sector accounts for about 50% of output and exports. Agriculture accounts for little more than 1% of GDP and of employment. Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. This and robust finances offered the center-right government considerable scope to implement its reform program aimed at increasing employment, reducing welfare dependence, and streamlining the state's role in the economy. Despite strong finances and underlying fundamentals, the Swedish economy slid into recession in the third quarter of 2008 and growth continued downward in 2009 as deteriorating global conditions reduced export demand and consumption. Strong exports of commodities and a return to profitability by Sweden's banking sector drove the strong rebound in 2010, which continued in 2011, and the government is proposing stimulus measures in the 2012 budget to curb the effects of a global economic slowdown and boost employment and growth.
- EU approves Swedish scheme supporting newspapers — 20 July 2010, 23:05 CET
The European Commission has concluded that a changed regime to support newspapers in Sweden is now in line under EU state aid rules.
- EU clears Swedish restructuring aid for Carnegie Investment Bank — 12 May 2010, 22:43 CET
The European Commission has granted final clearance under the EU state aid rules to the Swedish aid for the restructuring of Carnegie Investment Bank.
- Sweden told to comply with EU cosmetics rules — 05 May 2010, 22:52 CET
The European Commission has taken further steps against Sweden for infringing EU law on cosmetic products by introducing excessive requirements in the notification of such products.
- Commission increases electricity trading capacity on the Swedish borders — 15 April 2010, 00:18 CET
The European Commission has adopted a decision rendering legally binding commitments offered by Svenska Kraftnät (SvK) that will increase trade in electricity within Sweden and between Sweden and neighbouring countries.
- Mannheimer Swartling — 15 December 2009, 17:07 CET
Based in Sweden, Mannheimer Swartling has developed into a leading business law firm in the Nordic region.
- — 14 November 2009, 23:57 CET
Contacts of the European Commission representation in Sweden.
- Sweden Investment Climate 2009 — 14 November 2009, 23:57 CET
Sweden is generally considered to be an attractive country in which to invest. There are few countries that can match Sweden's potential to benefit from the intensifying, technology-driven global competition. Sweden already hosts one of the most internationally integrated economies in the world.
- Setting up a business in Sweden — 28 July 2012, 12:06 CET
An overview of the process of starting a new business in Sweden.
- Access to finance — 28 July 2012, 12:18 CET
An overview of the sources of funding available to SMEs in Sweden.
- — 29 June 2009, 15:17 CET
Sweden takes over the Presidency of the EU on 1 July. Prime Minister Fredrik Reinfeldt presented on 23 June the work programme for Sweden's six months in the EU driving seat. It is firstly a question of leading the EU through the financial and economic crisis, dealing with unemployment in Europe and continuing the work to tackle climate change.
- Sweden and the euro — 04 February 2008, 01:02 CET
Sweden joined the European Union in 1995 and has not yet adopted the euro, but in accordance with the Treaty it will do so once it meets the necessary conditions.
- Find an office in Sweden — 31 August 2006, 23:41 CET
Instant Offices Sweden
- Sweden country profile — 05 January 2010, 00:09 CET
Sweden has the largest population of the Nordic countries. The Kingdom of Sweden has been a member of the European Union since 1995.
- — 04 August 2006, 12:16 CET
General information about business and trade in Sweden.
- — 04 August 2006, 12:14 CET
The Invest in Sweden Agency assists and informs foreign investors about business opportunities in Sweden. Companies planning to establish or expand business operations in Sweden can, free of charge, obtain information and assistance from ISA.
- — 18 June 2015, 13:47 CET
The Taxation and Investment Guides are a first stop for investors wishing to gain a working perspective on the operating conditions and investment climate – including the legal, accounting and taxation framework – in the countries covered in the Deloitte International Tax Source. In addition to the Sweden Highlights and Taxation and Investment Guide, above, country links open the door to the Deloitte International Tax Source and a wide range of materials and information on the tax consequences of doing business across borders.
- — 04 August 2006, 12:13 CET
Snapshot of the business environment for the Swedish economy, from the World Bank