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Exports of the Baltic economies will suffer: Swedbank report. With the sharp rouble depreciation and ensuing financial squeeze, Russia will fall into deeper recession than previously forecast, Swedish ...
Thursday, 18 December 2014
2. NEVS gets new Asian owner
(News/Companies)
The Asian company signed a letter of intent with Nevs on Sunday. China's National Electric Vehicle Sweden (NEVS), which rescued iconic car brand Saab from bankruptcy in 2012, is getting a new owner ...
Monday, 01 December 2014
... Sweden’s central bank cut interest rates to zero – a record low – as it stepped up its increasingly desperate fight against deflation. The krona hit a fresh four-year low after the rate cut.  ...
Friday, 28 November 2014
... on track must take precedence over efforts to cool household debt growth that the central bank has said are urgent, Bloomberg reports. “There’s a risk with too high indebtedness and we see that household ...
Tuesday, 18 November 2014
... during times of robust risk appetite to borrow, and then sell to invest in other countries' higher-yielding assets. "In its fight against deflation, we expect the Riksbank to take more measures," Jonathan ...
Tuesday, 11 November 2014
Michael Wolf of the Swedish bank Swedbank is the world’s 13th best-performing CEO, according to new rankings in the November issue of Harvard Business Review. Two other Swedes – Hexagons's ...
Tuesday, 04 November 2014
“The Swedish economy is relatively strong and economic activity is continuing to improve. But inflation is too low". Sweden’s central bank cut interest rates to zero as it stepped up its increasingly ...
Tuesday, 28 October 2014
Bloomberg said as Sweden’s central bankers gather for their monthly policy meeting, traders are concerned they’re running out of ways to weaken the krona and end the deflation afflicting the economy. ...
Monday, 27 October 2014
  Bloomberg said Swedbank, the largest bank in the Baltic countries and Sweden’s biggest mortgage lender, will cut as many as 800 jobs as it tries to adjust to the low rate environment created ...
Tuesday, 21 October 2014
... lending standards in Scandinavia’s biggest economy, Royal Bank of Scotland Group Plc said according to a Bloomberg report. “I can’t envision a worse timing when we have an economy with such low inflation, ...
Monday, 13 October 2014
Outlook for the Baltic banking system has been changed to negative from stable: Moody's. Rating house Moody’s has published its Banking System Outlook for the Baltic Countries (Estonia, Latvia ...
Thursday, 09 October 2014
... monterary policy to avoid a further fall in growth. More Reserve Requirement Ratio (RRR) cuts for banks may be needed in order to make banks more willing to extend loans, and should inflation fall further, ...
Wednesday, 24 September 2014
... of a new two-year bond at a yield of 0.681 per cent. The proceeds will be used to refinance maturing on-lending to the Riksbank. The transaction was priced at mid-swaps minus 12 basis points. No sovereign ...
Thursday, 18 September 2014
... attitudes of banks and other financial institutions.  ...
Thursday, 18 September 2014
... form a government.  Without a majority, the new government will struggle to push through key pieces of legislation including defense spending, according to Martin Enlund, an analyst at Nordea Bank. The ...
Wednesday, 17 September 2014
... economic indicator from a market point of view is that the United States must be stable, which it is today and will probably continue to be. Today we have a situation where central banks are continuing ...
Tuesday, 16 September 2014
...  the political parties are prepared for it. But we should not exaggerate: it is not a catastrophe, Sweden is still a triple A country,” said Knut Hallberg, an economist at Swedbank, told the Financial ...
Monday, 15 September 2014
“I’m very worried about households’ rising indebtedness and that’s an issue that also needs to be dealt with outside of monetary policy". Sweden’s central bank said efforts to contain record consumer ...
Sunday, 07 September 2014
Swedish central bank policy makers meet this week. Bloomberg said that Sweden’s krona declined after a report showed an expansion in manufacturing slowed more than estimated last month, adding to speculation ...
Tuesday, 02 September 2014
...  1.5 percent in 2015, the institute said. It also predicted that the Riksbank, Sweden's central bank, will not increase its key repo rate until late in 2015. Following the September 14 national election, ...
Saturday, 30 August 2014
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