Sweden's opposition has sharply criticised a decision to deport a top app developer back to Pakistan, warning that the migration agency's inflexibility is hurting national competitiveness.
Radio Sweden's coverage of business and the economy.
- Employer’s mistake.
- "This government and previous governments have never achieved [their] targets."(2:03 min) (2:03 min)
The government's spending policies revealed in its spring supplementary budget are 'overly generous' and should be reined in, according to a fiscal policy watchdog.
- Call for vigilance
The global cyber-attack spread to China on Monday but in Sweden the damage is still minor, with only three companies or organisations affected. However, it is too soon to say the threat is over, says the Swedish Civil Contingencies Agency (MSB).
- Labour market.
Sweden's unemployment rate rose in April for the first time since 2013, leading critics to call for a change to speed-up the two-year integration programme for newly arrived immigrants to find work.
- Refugee influx.
Unemployment has risen for the first time in several years, as refugees who arrived in 2015 have been placed on the jobless register.
- All-time high margins
Swedish banks are currently enjoying "all-time high" profit margins on mortgage lending, the Swedish financial regulatory authority said today.
- Positive economic outlook
Sweden's economy is set for strong, broad-based growth according to a report released today by the SEB bank, although "production bottlenecks" will limit growth.
- Denies wrong-doing.
The chief executive and main owner of Swedish oil trading giant Gunvor has stepped down from his position as honorary consul in Geneva following a Swedish Radio investigation.
- From alcohol to lingonberry jam.
Over the last decade, Sweden has more than doubled its food exports from SEK 41 billion in 2007 to SEK 83 billion last year. One region that has an ever-increasing demand for Swedish food products is Asia.
- Former KGB-agent: Impossible that the deal was made without knowing about the smuggling scheme(3:32 min) (3:32 min)Russian oil via Belarus.
A Swedish-owned company is suspected of buying oil products smuggled through Belarus with the suspected involvment of the country's government.
Sweden’s central bank has unexpectedly decided to keep the country's main interest rate unchanged until at least the middle of next year, despite ballooning house prices.
- Pension system report.
The first-ever figures comparing foreign-born and Swedish-born workers show that immigrants earning the same final salary will end up with lower pensions.
- Continued drop in sales.
Ericsson CEO Börje Ekholm says the company has a hard time making profits from its media and it/cloud operations.
As Sweden grapples with getting record numbers of immigrants into work, government and business representatives met today at a seminar hosted in Stockholm by the Centre for Business and Policy Studies, (SNS), an independent think tank.
A man was robbed in Gothenburg on Wednesday via the Swedish cash transfer app Swish, his attackers apparently not realising that it records bank accounts and phone numbers.