Costs will soon outstrip tax revenue in Sweden's local governments as immigrants continue to settle in the country and the population ages, according to a new report.
Radio Sweden's coverage of business and the economy.
- Swedish Association of Local Authorities and Regions.
Late night negotiations on Thursday between the Swedish painters' union and employers failed to end a two-week strike, which will now expand to include an additional 600 workers.
- Labor dispute.
The Swedish Labor Court rejected an appeal from two labor unions that would allow them to strike over pension terms. Now the unions say they won't strike Friday.
Swedish state-owned energy company Vattenfall has signed an agreemnt to sell its lignite operations to Czech energy company EPH, along with PPF Investments, Vattenfall announced on Monday.
- Byggnads labor union.
A six-day strike in Sweden's construction industry came to an end late Sunday after union officials approved a one-year deal hammered out with employers.
- 1 av 4Hindersson (left) believes that if the proposal is passed, it will be hassle for him to make transactions, considering there would be two different V.A.T. levels on what his shop offers. Photo: Radio Sweden.2 av 4Sofia Hansson thinks the proposed legislation would encourage her to repair more of the items she owns. Photo: Brett Ascarelli / Radio Sweden3 av 4Mixed opinions.
One of the measures in the Spring Budget proposal that the government presented this week could make it cheaper to get certain items repaired, but consumers and business owners Radio Sweden spoke to were divided about whether the proposed change would have a significant impact.
- Demanding back taxes, fines.
The Swedish hygiene and paper company SCA may be on the hook for a tax bill of more than a billion kronor as well as fines, according to Swedish Television News.
- Answer to government proposal.
The main opposition party has set out part of its shadow budget, saying it would make cut-backs in order to save money.
- Ranking of rich countries.
Sweden is far behind its Nordic neighbours as regards helping children out of poverty, says a new report from UN child agency Unicef.
- Heavy on benefits, short on change.
Finance Minister Magdalena Andersson's spring budget is optimistic, with forecasts of GDP growth and a steady decline in unemployment, but members of Sweden's political opposition say it fails to address the nation's long-term problems.
- Presented rosy economic outlook.
The center-left government's supplementary spring budget will dole out billions to Swedish police and local authorities to buffet last year's record number of asylum seekers.
- Spending on immigration, welfare.
Sweden's center-left coalition government unveiled its supplementary spring budget Wednesday morning, which doles out billions to the nation's local counties and municipalities as well as to the police.
- Planned for April 22nd.
The construction strike may take a dramatic turn following the lockout announced by the Swedish Construction Federation Tuesday, as it could affect up to 20,000 workers, according to the federation.
- Spring fiscal policy bill.
Sweden's center-left coalition government unveils its supplementary spring budget on Wednesday, and it is expected to contain a mix of new tax credits and a proposal to pump billions into the nation's local counties and municipalities.