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Tips from an insider: Stockholm tech start-ups

5 hot life science firms in Stockholm

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Four Stockholm-based ICT firms to watch

Stockholm pioneers life science research

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

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Rankings and surveys

Sweden tops English-language skills ranking

Sweden ranked world's best country to grow old

Swedish passport world's best for travellers

Sweden second best country for mothers

Stockholm climbs in competitiveness rankings

Sweden among best countries to be born

Fortune: 'Stockholm top place for startups'

Sweden tops first global Web Index

Sweden world's second most innovative country

Stockholm world's 6th 'best city'

'Cool Stockholm' most competitive Nordic capital

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

The Swedish Wire is a media production company that provides high-quality text, image and video content for international clients.

'Outlook for the Swedish economy deteriorating'

Sweden's top four banks downgraded by S&P

Bloomberg said that Sweden's Finance Minister Anders Borg signaled he probably needs to cut growth estimates for the country for a fourth time this year even as he rejected speculation Sweden may need a crisis package to soften the blow.

"The outlook for the Swedish economy is deteriorating" and "a new forecast will be presented by the end of the year," Borg said in a speech in Stockholm.

The largest Nordic economy is stalling as a recession in the euro area wreaks havoc on exports, prompting mass job cuts. Youth unemployment has remained above the European average, reaching a seasonally adjusted 23 percent in October, compared to 7.7 percent for the population as a whole, according to Statistics Sweden.

The country's Riksbank last month signaled it was prepared to cut the repo rate again in December to support growth as Europe’s debt crisis hurts exports and pushes up unemployment. 

“The government’s forecasts have been very optimistic this autumn, which has drawn some attention as they have a rather different view than the market,” Andreas Halldahl, who helps manage about $15 billion in fixed-income assets at Storebrand Kapitalforvaltning AS in Stockholm, told Bloomberg.

“But reality is catching up and they will have to revise both the gross domestic product forecast and budget numbers.”

In the government's 2013 budget bill it predicted growth of 1.6 percent in 2012, 2.7 percent next year and 3.7 percent in 2014.


Last Updated (Friday, 23 November 2012 07:57)


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