AnalysisWe live in a system that is showing increasingly clear signs of bankruptcy, not only morally but also in practical economic terms.
Topic: The destruction of the European economy
Swedish food prices soar – up 25 percent in three years
EconomyLast year, prices of almost 36,000 food products increased - and coffee has not been this expensive for over 50 years.
Doubling of working retirees in Sweden
SwedenAt the same time, the proportion of older people actively looking for work is twice as high today as it was ten years ago.
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.
Swedish government: “Unemployment will continue to rise”
EconomySweden's unemployment rate rose to 8% in 2023.
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.
Cartoon of the week
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.
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.
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.
More young Swedes live at home
EconomyOne in four young adults still live with their parents, according to a new report from the Swedish Tenants' Association.
More Swedes apply for repayment relief
Economy"Indicates that times are still tough", says SEB's private economist.
Swedish household costs set to rise again next year
EconomyCosts are expected to rise in 2024, but not as much as in 2023, according to the consumer agency's forecast.
Swedish parents forced to help adult children financially
EconomyOne in two people aged 60-69 have helped their adult children financially in the past six months.
Growing number of Swedes can’t afford food, warns City Mission
SwedenMany Swedes can no longer afford to put food on the table.
Finns worry about the economy
FinlandBoth consumers and businesses in Finland think the economy looks grim for the coming year.
More Swedish households struggle to make ends meet
EconomyAmong single individuals, 30 percent have gone into a deficit every month in the past six months.
Debts to the Enforcement Authority continue to increase
SwedenNew record amounts among Swedes – up 35% from last year.
Food prices unlikely to fall
Sweden"The higher price levels we are now experiencing will continue for the time being," says Carl Eckerdal, chief economist at the Swedish Food Federation.
Banks reap multi-billion profits during crisis
Economy"It is good that banks make money," says Jens Henriksson, CEO of Swedbank.
Swedes under growing financial pressure
EconomyLeads to sleep problems, mental illness and deteriorating family relations.
Children worry about the summer holidays
Sweden"I never know what to do or say when my friends ask me about things that cost money", says a child from the Bris helpline.
More and more parents cannot afford breakfast for their children
EconomyAlmost 20% of young parents in Sweden cannot always afford to give their children breakfast - a year ago the figure was 2%.
Soaring prices cause more people to consider suicide
EconomySick and disabled Britons are identified as particularly vulnerable to the rising cost of living.
Swedes among the most indebted in the EU
EconomyThird among countries with the highest debt per capita.
Finland
Finland withdraws sugar tax
Bob Moran’s cartoons
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