EconomyDespite the sanctions, Russia is expected to grow at a faster rate than the United States, France, and Germany.
Economy
Sweden’s Riksbank urges action to prevent cash from becoming obsolete
EconomyWe are rapidly approaching a situation where "cash is practically useless in Sweden", warns Elin Ritola, head of the Riksbank's department.
Swedish households financially crippled
Economy– Between 700,000 and one million Swedes are now experiencing financial difficulties, says a researcher at Statistics Sweden.
Alarming rent increases put pressure on Swedish households
Economy"Where will ordinary people live?" asks Andreas, a single father from Gothenburg.
Swedish food prices stable in March
EconomyIncreased by 0.1% last month, according to Matpriskollen's review.
Young Swedish adults do not understand economics
EconomyOnly one in three understand how inflation works and researchers warn that the lack of knowledge is "alarming".
“Chocolate crisis” awaits
EconomySwedbank commodity analyst Jörgen Kennemar advises consumers to "stock up" before prices rise again.
Four out of ten single Swedes borrow money to pay for essentials
EconomyOne in five can no longer afford to eat every day - and one in two struggle to pay for their children's leisure activities.
Why you should use a VPN service
TechStay safer online with a reliable VPN protection - avoid being monitored and reduce cyber threats.
Sweden set for EU’s weakest growth in 2024
Economy– The future economic outlook is subject to considerable uncertainty, says EU economy commissioner Paolo Gentiloni.
Germany passes Japan as third largest economy
EconomyThe US is still the largest economy in the world – with China in second place.
More people buying used for economic reasons
Economy– Second-Hand trade has established itself as a natural part of Swedish commerce, says Sofia Larsen, CEO of the Swedish Trade Association.
Swedish government: “Unemployment will continue to rise”
EconomySweden's unemployment rate rose to 8% in 2023.
A dismal year for German electric cars
EconomyThe goal of having 15 million electric cars on German roads by 2030 is considered unrealistic, and automakers are scaling back production.
Swedish Tax Agency protects income data
EconomyIncome data will no longer be made public following a reassessment by the agency.
Trump vows to block Central Bank Digital Currency
Economy– They could take your money. You wouldn't even know it was gone, he warns.
One in three Swedes struggles to pay rent
Economy– As expected, the survey confirms that financial and general health go hand in hand, says Sofia Tyréus, senior project manager at Finansinspektionen.
High food prices persist in the Nordic region
EconomyIn Norway, food prices are among the highest in Europe, significantly above the EU average, and about 40% higher compared to Sweden.
China invests heavily in semiconductor manufacturing
EconomyThe country is to double it's production by the end of the decade.
Swedish state-owned energy company: “Close your curtains and shower faster”
EconomyOn cold days, Swedes should close their curtains to use as extra insulation, says the energy company.
Nordic banking giant Nordea investigated for systematic crime
EconomyLinked to terrorist financing, suspect partners in dictatorships, and major financial crimes.
BYD breaks sales record – could take over the lead from Tesla
EconomyTesla's Chinese competitor BYD set a new sales record of more than 526,000 electric cars in the fourth quarter.
Sweden’s unemployment rate continues to rise
EconomyAt the end of November, almost 339,000 people were registered with the employment service.
Klarna CEO highlights sweeping debt issue: 80% of Swedes owe money
EconomyIn addition, the number of Klarna debts going to the Swedish Enforcement Authority has increased over the past three years.
Fewer Swedish parents save for their children
EconomyInvestment savings accounts are the most popular choice for children's savings.