Simon Johnson

Swedish Riksbank holds course, no rush to exit pandemic policies

Sep 21 2021

STOCKHOLM Sweden's central bank kept key policy unchanged on Tuesday and forecast the benchmark repo rate would remain at zero in coming years, showing little sign of being in a hurry to tighten monetary conditions despite a rapid recovery from the pandemic.

Swedish finance minister tipped to become country's first female PM

Sep 15 2021

STOCKHOLM Magdalena Andersson is favourite to become Sweden's prime minister when her Social Democrat colleague Stefan Lofven steps down in November, but major challenges face the current finance minister if she is to keep the top job longer than a few months.

Here they go again - ABBA reunite for first new album in 40 years

Sep 06 2021

STOCKHOLM (Reuters) -Swedish supergroup ABBA announced their first new album in four decades on Thursday and said they would stage a series of virtual concerts using digital avatars of themselves in London next year. | Video

UPDATE 2-Swedish govt says recovery strong, but still needs support

Aug 26 2021

STOCKHOLM, Aug 26 Sweden's economy is recovering strongly, but the government will continue to boost spending in its upcoming budget to support the upturn and enhance long-term competitiveness, Finance Minister Magdalena Andersson said on Thursday. Sweden's economy has bounced back rapidly from the effects of the COVID-19 crisis, surpassing its pre-pandemic size during the quarter, ahead of most of the rest of Europe.

Next Swedish PM to face gang violence and rise of far right

Aug 23 2021

STOCKHOLM Sweden's Social Democrats will pick a new leader in November to replace Prime Minister Stefan Lofven, needing to find a flag-bearer who can convince voters the party can stop a tide of gang violence and restore the welfare state after the pandemic.

Sweden's Lofven is given next shot at forming a new government

Jul 01 2021

STOCKHOLM (Reuters) -Sweden's caretaker Prime Minister Stefan Lofven was handed the task of forming a new government on Thursday after the country's right-wing opposition leader said he had failed to secure enough parliamentary votes to become premier himself.

UPDATE 2-Swedish c.bank sees no change to policy despite inflation pick up

Jul 01 2021

* Riksbank says inflation pressure "moderate" but rising (Adds background)

Swedish PM Lofven resigns, speaker to look for new leader

Jun 28 2021

STOCKHOLM Swedish Prime Minister Stefan Lofven resigned on Monday, handing the speaker of its split parliament the task of finding a new government to deal with the continuing COVID-19 pandemic.

After years on the fringe, Sweden Democrats take centre stage

Jun 24 2021

STOCKHOLM For years, Jimmie Akesson travelled Sweden talking to tiny far-right crowds, belting out nationalist anthems with the pop group Adorable Kids and being frozen out of mainstream politics.

Swedish PM Lofven's survival prospects improve as Centre drops rent reform demand

Jun 23 2021

STOCKHOLM (Reuters) -Swedish Prime Minister Stefan Lofven's hopes of surviving a political crisis looked slightly brighter on Wednesday after his allies in the Centre Party said they would drop a contested proposal for rent reform.

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