Sweden's GDP is now expected to grow 1.1% in 2012.

• Sweden's Rebtel follows Skype with low-cost calls

Stockholm exchange marks its biggest daily gain this year. 

Swedish business executive, best known as CEO and later Chairman of ABB, was arrested in London on Thursday. 

• Julian Assange seeks asylum in Ecuador

Bank report: Is there a clash of interests between short and long-term crisis solutions in the euro area?

Confidence among consumers in the export-dependent Nordic economy remained buoyant last month.

The architect of Sweden´s neutrality policy was also role model in the gay community.

>> SEE ALL JOBS FOR ENGLISH SPEAKERS IN SWEDEN - CLICK HERE

"We are vulnerable", Trade Minister Ewa Björling said.

• Sweden's H&M defies bleak economy

Vattenfall has found suspected explosives in a truck at Ringhals.

• Assets of bankrupt Saab sold to NEVS

The central bank had room to ease borrowing costs further.

Swedish Saab turned into a maker of electric cars.

• Swedish-Chinese businessman buys SAAB
• Youngman raises bid for Saab Automobile

• Youngman raises bid for Saab Automobile

Riksbank: "Demand from Europe is perceived to be weak".

• Industrial production unexpectedly stalled
• High interest rates create 'instability' in Sweden

• Sweden's biggest failures a national treasure
• 'World's oldest champagne' up for auction in June
• Shipwrecked champagne brand still a mystery

"Swedish banks are now choosing to fund themselves by short-term borrowing in foreign currencies”.

• Service sector boosts Swedish economic growth
• Sweden's 'dramatic' free-market reforms

Industrial production was unexpectedly unchanged in April.

• National Electric Vehicle Sweden to buy SAAB
• Youngman exits Saab purchase talks

The Swedish economy is back to growth – and the service sector plays a key role, Swedbank said in new report.

• Sweden's GDP swells quicker than expected

Rebtel has already signed up 17 million users for its calling app.

• 'Nordics more economically free than the UK'
• 'Swedish model' outranks 'American dream'

•Japanese-Chinese firm confirms Saab bid