The government proposed on Thursday injecting SEK 11 billion more into the budget, largely to help municipalities and civil society handle the refugee situation.
- Needs parliamentary approval.
- But snow is important.
Consumers in Sweden will spend a record SEK 74.7 billion next month on consumables and durable goods, up 5 percent from last December, according to the hospitality and tourism consultancy HUI Research, which released its annual Christmas shopping forecast on Tuesday.
- Deficit 1 percent of GDP.
Sweden will see a deficit of SEK 45 billion this year as costs rise, particularly those for immigration, the Swedish National Debt Office said on Wednesday.
- One Swedish operator responds.
The European Parliament announced Tuesday that mobile phone roaming charges will be abolished in Europe beginning June 15 of 2017.
- EconomyBetter outlook for exports.
Sweden's largest white-collar trade union, Unionen, has improved its forecast for the country's economy, as it expects strong exports to support growth.
- BankingSEB reports sharp drop.
Sweden's largest banks – Nordea, Handelsbanken, SEB and Swedbank – posted falling profits in the third quarter and disappointed analyst expectations, Swedish Radio News reports.
- In Sweden to talk business.
Brazil's president Dilma Rousseff is on a two-day visit to Sweden, which began Sunday. She met with Swedish prime minister Stefan Löfven to discuss issues like economic exchange between the two countries, the climate and sustainability and defense.
- "Risk has definitely increased in the Swedish economy given the swift rise in household debt and the swift rise in house prices."(1:16 min)More parties in favor of a revision.
Some 65,000 Swedish households could be seriously affected if tax deductions on loan interests (ränteavdrag) were cut or scrapped, as Sweden's Central Bank's governor Stefan Ingves and an increasing number of political parties are recommending.
- A show of force from SD.
When Parliament votes on the government budget later this month, the Sweden Democrats said they intend to support the proposal put forth by the conservative Moderate Party.
- Received the prize from the King.
Every fifth company that launches in Sweden is started by a person with a foreign background. Immigrants are much more likely to start their own businesses compared to native Swedes, according to IFS, a foundation which presented its Settler Award, Tuesday, to acknowledge the achievements of foreign-born business owners.
- The December Agreement
Prime Minister Stefan Löfven called the decision by the center-right opposition to abandon a political deal with his government "extraordinarily irresponsible in a difficult time".
- Trans-Atlantic Trade and Investment Partnership.
Hundreds of Swedes are expected to turn out across the country for protests against the planned trans-Atlantic free trade pact TTIP.
- Undocumented workers exploited.
A new report from the Swedish Tax Agency sheds light on widespread tax evasion and abuse of vulnerable employees in the cleaning business.