Edition:
United States

Patrick Lannin

INSIGHT - Nordic nations grapple with 'austerity lite'

Jun 02 2013

STOCKHOLM When Swedish Prime Minister Fredrik Reinfeldt celebrated his 45th birthday, his finance minister gave him a framed graph showing the tax burden falling to 45 percent of GDP for the first time in decades. It still hangs in his office.

Insight: Nordic nations grapple with 'austerity lite'

Jun 02 2013

STOCKHOLM When Swedish Prime Minister Fredrik Reinfeldt celebrated his 45th birthday, his finance minister gave him a framed graph showing the tax burden falling to 45 percent of GDP for the first time in decades. It still hangs in his office.

Insight - Nordic nations grapple with 'austerity lite'

Jun 02 2013

STOCKHOLM When Swedish Prime Minister Fredrik Reinfeldt celebrated his 45th birthday, his finance minister gave him a framed graph showing the tax burden falling to 45 percent of GDP for the first time in decades. It still hangs in his office.

INSIGHT-Nordic nations grapple with 'austerity lite'

Jun 02 2013

STOCKHOLM, June 2 When Swedish Prime Minister Fredrik Reinfeldt celebrated his 45th birthday, his finance minister gave him a framed graph showing the tax burden falling to 45 percent of GDP for the first time in decades. It still hangs in his office.

Stockholm riots challenge image of happy, generous state

May 22 2013

STOCKHOLM Hundreds of youth have torched cars and attacked police in four nights of riots in immigrant suburbs of Sweden's capital, shocking a country that dodged the worst of the financial crisis but failed to solve youth unemployment and resentment among asylum seekers.

Stockholm riots challenge image of happy, generous state

May 22 2013

STOCKHOLM Hundreds of youth have torched cars and attacked police in four nights of riots in immigrant suburbs of Sweden's capital, shocking a country that dodged the worst of the financial crisis but failed to solve youth unemployment and resentment among asylum seekers.

Stockholm riots challenge image of happy, generous state

May 22 2013

STOCKHOLM Hundreds of youth have torched cars and attacked police in four nights of riots in immigrant suburbs of Sweden's capital, shocking a country that dodged the worst of the financial crisis but failed to solve youth unemployment and resentment among asylum seekers. | Video

Electrolux pins hopes on U.S. as Europe stagnates

Apr 25 2013

STOCKHOLM Household appliance maker Electrolux said it hoped a recovering North American market would drive growth this year as Europe is stuck in the doldrums.

Electrolux pins 2013 growth on emerging markets, U.S

Feb 01 2013

STOCKHOLM Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013 after posting a smaller-than-expected rise in fourth-quarter earnings.

SKF to cut 2,500 jobs as European markets weaken

Jan 14 2013

STOCKHOLM SKF , the world's biggest bearings maker, is cutting 2,500 jobs to cope with weaker demand, underscoring the bleak outlook for manufacturers as Europe drives through austerity measures to reduce its debts.

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