Ericsson CEO: ‘It’s brutal out there’
Sweden

Ericsson CEO: ‘It’s brutal out there’

Ericsson CEO Carl-Henric Svanberg added his voice to the growing chorus of business leaders with concerns about the state of the world’s financial markets.

Romeo foxtrot victor over Juliet
Sweden

Romeo foxtrot victor over Juliet

Sweden's Equal Opportunities Ombudsman (Jämo) has ruled against a woman who accused a dance school of discrimination when it refused to allow her to take the lead while learning the foxtrot, newspaper Svenska Dagbladet reports.

Dead man found in Aalen flat one year later
Germany

Dead man found in Aalen flat one year later

German police have discovered the body of a man who lay dead in his apartment for almost a year without being missed, Aalen authorities said Thursday.

Identified WWII British bomber crewman to be buried in Berlin
Germany

Identified WWII British bomber crewman to be buried in Berlin

A crewman of a British World War II bomber shot down over Germany in 1944 whose remains were only identified this year will be buried in Berlin next week, a Royal Air Force spokesman said on Thursday.

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Sweden

Lundin bullish on oil prospects in Ethiopia

Sweden's Lundin Petroleum said on Thursday it was confident that exploration in Ethiopia's Ogaden basin would lead to discoveries of oil as well as natural gas.

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Sweden

Budgetary woes plague many Swedish counties

A new report shows that about half of Sweden’s county councils will post a loss this year, with widespread lay offs also expected.

Outcry after Sahlin’s Left Party snub
Sweden

Outcry after Sahlin’s Left Party snub

Mona Sahlin has come in for withering criticism from both labour groups and members of her own Social Democratic Party following a decision to embrace the Greens at the expense of further cooperation with Sweden’s Left Party.

What’s on in Sweden: October 10 – October 16
Sweden

What’s on in Sweden: October 10 – October 16

What's on in Sweden: October 10th - October 16th. Primal Scream & Martha Wainwright in Stockholm; Culture Night & Leonard Cohen in Gothenburg; Soweto Gospel & provocative performance art in Malmö

Deutsche Bahn postpones stock listing
Germany

Deutsche Bahn postpones stock listing

The German government confirmed on Thursday it was postponing the partial stock market listing of national railway operator Deutsche Bahn due to the dramatic crisis hitting global financial markets.

French novelist wins Nobel Literature Prize
Sweden

French novelist wins Nobel Literature Prize

French novelist Jean-Marie Gustave Le Clézio has been awarded the Nobel Literature Prize.

Steinbrück: Berlin not mulling nationalizing banks – for now
Germany

Steinbrück: Berlin not mulling nationalizing banks – for now

Germany does not need to nationalize any of its banks but this could change if the global financial crisis gets any worse, Finance Minister Peer Steinbrück told business daily Handelsblatt on Thursday.

Bavaria could relax smoking ban
Germany

Bavaria could relax smoking ban

An organization for the preservation of the Bavaria's tavern culture, the VEBWK, has said they are thrilled that state politicians are considering easing strict anti-smoking laws in pubs.

Merkel confers with Sarkozy and Bush over crisis
Germany

Merkel confers with Sarkozy and Bush over crisis

German Chancellor Angela Merkel and French President Nicolas Sarkozy have announced there will be “total” coordination of new measures to counter the ongoing global financial crisis.

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Sweden

Burglary bid by big blue bunny backfires

A massive blue bunny, along with a shotgun-toting accomplice, were arrested on Wednesday afternoon following their unsuccessful attempt at robbing a currency exchange office in Farsta, south of Stockholm.

What’s on in Germany: October 9-15
Germany

What’s on in Germany: October 9-15

Police stage nationwide raids on neo-Nazi youth organization
Germany

Police stage nationwide raids on neo-Nazi youth organization

German police have begun a nationwide set of raids on the right-wing extremist youth group Jugendorganisation Heimattreue Deutsche Jugend (HDJ), the Interior Ministry announced on Thursday in Berlin.

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Sweden

Riksbank under fire amid pension fund fears

A former Riksbank official has criticized the bank’s slow reaction to the current financial crisis as concerns mount about the vulnerability of Sweden’s pension funds to a continued drop in the stock market.

Nepal crash that killed Germans blamed on poor visibility
Germany

Nepal crash that killed Germans blamed on poor visibility

Poor visibility caused the crash at a tiny airstrip in Nepal's Mount Everest region that killed 18 people, including 12 German tourists, officials said on Thursday.

Ryanair slammed over ‘sexist’ ad campaign
Sweden

Ryanair slammed over ‘sexist’ ad campaign

Low-cost airline Ryanair has received a reprimand from Sweden's Trade Ethical Council against Sexism in Advertising (ERK) for an ad campaign featuring a scantily clad woman posing as a schoolgirl.

Leipzig remembers peaceful revolution in East Germany
Germany

Leipzig remembers peaceful revolution in East Germany

The city of Leipzig on Thursday will commemorate the start of the peaceful protests in East Germany in the autumn of 1989 that led to the fall of the Berlin Wall.

Angelina Jolie praises family-friendly Berlin
Germany

Angelina Jolie praises family-friendly Berlin

US actress Angelina Jolie has reportedly praised Berlin for being so accommodating to her massive family while her husband Brad Pitt is filming in the German capital.

Germany planning new official government email service
Germany

Germany planning new official government email service

The German government is planning a new voluntary email service to facilitate communication with the country’s citizens, the Financial Times Deutschland reported on Thursday.

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Sweden

Home favourites advance at Stockholm Open

Top-seeded Swede Robin Söderling moved into the next round of the Stockholm Open on Wednesday along with veteran Jonas Björkman who emerged victorious from his 1,000th doubles battle.

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Sweden

Nobel Literature Prize speculation mounts

The list of nominees is never disclosed, leaving observers to speculate wildly up until the moment the Academy's permanent secretary Horace Engdahl announces the laureate at 1pm.