Sweden and the EU

Latest business news about Sweden and the European Union.

Sweden can support EU pact, with terms: parliament — 27 January 2012, 19:03 CET

Sweden's parliament on Friday gave as expected the government a green light to support the eurozone pact on fiscal discipline at an EU summit next week, as long as certain terms are met.

Sweden to support EU fiscal pact but sets terms — 26 January 2012, 20:00 CET

Sweden will support the eurozone pact on fiscal discipline at an EU summit next week but will demand several conditions be met, the opposition said Thursday after it struck a deal with the minority government.

Swedish financial transaction tax was a failure: ex-minister — 15 January 2012, 18:18 CET

As Europe debates whether to apply a tax on financial transactions, a former Swedish finance minister says Sweden's experience in the 1980s was so negative it repealed the tax as plunging trading volumes led to disappointing tax revenues.

Crisis impact worse if not for euro's stability: Sweden — 12 January 2012, 18:03 CET

The global economic crisis' impact would have been worse on the EU if not for the euro which provided necessary monetary stability, the foreign minister of non-eurozone member Sweden said Thursday.

Euro police busts synthetics drug ring — 12 January 2012, 17:52 CET

Policing agency Europol said Thursday it has busted a major synthetic drugs-making network and arrested nine suspects in four countries, while recovering drugs, equipment, guns and explosives.

EU concerned over Swedish journalists' sentence in Ethiopia — 27 December 2011, 19:56 CET

EU foreign policy chief Catherine Ashton voiced "serious concern" on Tuesday over the 11-year jail sentence against two Swedish journalists in Ethiopia.

Swedes and Danes more opposed to euro than ever — 27 December 2011, 13:39 CET

Non-euro countries Sweden and Denmark are fonder than ever of their own currencies, the krona and the krone, as the crisis plaguing the eurozone also hurts their economies.

'No support' in Sweden for EU treaty change, says PM — 08 December 2011, 22:09 CET

Swedish Prime Minister Fredrik Reinfeldt said on Thursday there was no backing in his country to change the EU's treaties, as he arrived at a European summit seen as the last chance to save the euro.

EU treaty changes 'not solution markets want': Swedish PM — 08 December 2011, 12:15 CET

European Union treaty changes are not the euro debt crisis solution the markets want, Swedish Prime Minister Fredrik Reinfeldt said on Thursday ahead of a crucial EU summit in Brussels.

Euroscepticism hits record high in Sweden — 06 December 2011, 12:02 CET

Almost nine out of 10 Swedes want to stay outside the eurozone and keep their currency the krona, a poll published on Tuesday showed as the single currency area faces a risk of breaking up.

European budget rules must be obeyed: Sweden — 28 November 2011, 20:00 CET

Swedish Foreign Minister Carl Bildt defended the European single market Monday but warned that more strident budget supervision and regulation by Brussels only made sense if the rules already in place are obeyed.

Sweden supports Western Balkan nations' EU bids: FM — 09 November 2011, 21:44 CET

Foreign Minister Carl Bildt said Wednesday that Sweden supports Western Balkan nations' EU aspirations, as Serbia seeks candidate status next month, but warned reforms must be an ongoing process.

EU probes ball bearings industry — 08 November 2011, 17:02 CET

European anti-trust authorities launched surprise inspections Tuesday in companies that produce ball bearings for the automotive industry in several European Union states.

EU court halts Swedish expulsion of 91-year-old to Ukraine — 18 October 2011, 18:00 CET

The widely criticised expulsion of a 91-year-old Ukrainian woman suffering from dementia was halted at the last minute Tuesday when the European Court of Human Rights told Sweden to delay the move.

EU debt crisis not just a eurozone issue: Sweden's Borg — 13 October 2011, 04:12 CET

The current debt crisis is a concern for all of Europe, not just to eurozone countries, Swedish Finance Minister Anders Borg said in an interview, highlighting the vulnerability of banks and exports in Sweden as an example.

Stockholm says European bailout needs Swedish model: FT — 12 October 2011, 13:59 CET

A European solution to the debt crisis should follow Sweden's model of in the early 1990s, Finance Minister Anders Borg and Foreign Minister Carl Bildt wrote Wednesday in the Financial Times.

'Serious stability risk' for Swedish banks: finance minister — 12 October 2011, 13:53 CET

Sweden may have some of the strongest public finances in Europe but its banks are more vulnerable than most in the current euro debt crisis, Finance Minister Anders Borg said in an interview published Wednesday.

200 rally outside Swedish parliament against Syrian regime — 09 October 2011, 20:16 CET

Some 200 people held a rally against the Syrian regime near Sweden's parliament Sunday, calling on Stockholm and the European Union "to support the revolution in Syria".

Europe needs 'ambitious growth agenda': prime ministers — 06 October 2011, 23:17 CET

Three European leaders Thursday called for an ambitious growth agenda to get the continent back on track, including tight fiscal discipline by member states as the euro debt crisis deepens.

Sweden to repay EUR 94m in subsidies — 22 September 2011, 15:47 CET

The European Union has told Sweden to repay 870 million kronor (94 million euros) in agricultural subsidies, a third of which will be paid by farmers, an industry body said on Thursday.

Unions ask Swedish court to declare Saab bankrupt — 12 September 2011, 23:23 CET

Two Swedish unions on Monday asked a district court to formally declare beleaguered carmaker Saab bankrupt so the company's union members can receive their still-unpaid August wages.

Sweden wants more pressure on Europe's debt-hit countries — 07 September 2011, 19:16 CET

Swedish Finance Minister Anders Borg called on Wednesday for more pressure on debt-ridden Greece and Italy to straighten out their floundering public finances.

Belarus must release political prisoners: Baltic ministers — 30 August 2011, 21:20 CET

Foreign ministers of Nordic and Baltic countries jointly called for the immediate release of political prisoners in Belarus during a regional summit in Helsinki on Tuesday.

Nordic banks pass EU stress test — 15 July 2011, 20:27 CET

Ten banks in Sweden, Norway and Finland passed European Union stress tests, their financial regulators said on Friday.

Saab gets EUR 25m loan, says has paid salaries — 29 June 2011, 19:29 CET

Saab's owner Swedish Automobile said Wednesday it had secured more short-term funding with a 25-million-euro ($36-million) loan and that it has paid its staff's salaries for June.