Sweden a safe haven for those who prefer bricks and mortar

WITH euro cash on bank deposit now providing all-time low returns, property as an investment asset class maintains its attraction. A lack of borrowing capacity and continuing market uncertainty at home is forcing Irish investors to look elsewhere for wealth-protecting assets. Contrary to popular opinion, some property investments over the past decade have done quite […]

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Sweden among winners of future EU-US deal

Sweden is second in line to benefit the most from an EU free-trade deal with the US, for which negotiations were finally given the all-clear in a move welcomed by pro-business groups in Sweden. “It will be a win-win situation, a simple fact because this is trade,” Olof Eriksson, spokesman for the Swedish Confederation of […]

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Swedes earn highest wages in Europe: study

Swedes earned €41.90 ($53.90) per hour on average last year, or roughly 350 kronor. This compares to an average of €31 in Germany, according to a recent report from Germany’s official statistics agency, Statisches Bundesamt. The lowest wages among the 27 member states of the European Union were found in Bulgaria, where workers received an […]

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Swedish krona ‘world’s strongest’ currency

The krona has been the best performing currency over the past year, according to statistics from Swedish newspaper Svenska Dagbladet (SvD) and news agency Bloomberg. Citing figures from Bloomberg, the Economist wrote earlier this week that Sweden’s krona as “been the best performing currency over the last year”. Part of the krona’s continued strength, the […]

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Swedish Confidence Rises on Optimism Europe Exiting Crisis

Swedish consumer confidence improved for a second month in February as stock markets rose and the labor market showed signs of stabilizing, damping speculation of more interest rate reductions. The consumer confidence index rose to minus 1 from minus 2.9 the previous month, the Stockholm-based National Institute of Economic Research said today. That was in […]

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