Sweden approves new Saab financing plans
Sweden

Sweden approves new Saab financing plans

Swedish Enterprise and Energy Minister Maud Olofsson announced on Friday the government would allow cash-strapped automaker Saab to alter its financing in order to continue its operations.

Brüderle: nuclear power exit to cost billions
Germany

Brüderle: nuclear power exit to cost billions

German Economy Minister Rainer Brüderle said Friday that a switch from nuclear power to alternative forms of energy could cost Europe's top economy up to €2 billion ($2.9 billion) per year.

Springtime weather sweeps across Sweden
Sweden

Springtime weather sweeps across Sweden

Swedes across the country are enjoying the first signs of springtime warmth and the weekend’s forecast promises more of the same.

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Sweden

‘Unstable’ firms bringing workers to Sweden

Many of the companies approved to bring foreign workers to Sweden every year have little or no turnover or go bankrupt shortly after the labour migrants arrive, according to a new report.

Germans back troops for EU humanitarian mission in Libya
Germany

Germans back troops for EU humanitarian mission in Libya

A narrow majority of Germans back sending troops to Libya as part of an EU humanitarian mission, but reject accepting refugees from the North African country, according to a poll released on Friday.

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Sweden

‘Swedish women fake rape to claim payouts’

A Swedish woman accused of trumping up rape accusations while on holiday in Greece exemplifies a persistant view in the Mediterranean country that Swedish women bring false rape complaints to get payouts from special 'rape insurance'.

Suspected serial killer admits to slaying 3 boys
Germany

Suspected serial killer admits to slaying 3 boys

Ten years after the murder of a nine-year-old child in Germany, police said Friday a man had confessed to killing him and two other boys and was suspected of further murders in France and the Netherlands.

‘Let Swedish MPs tweet away’: Riksdag Speaker
Sweden

‘Let Swedish MPs tweet away’: Riksdag Speaker

The speaker of Sweden's parliament has said he has no plans to place limits on the extent to which MPs use Twitter from within the halls of the Riksdag, despite a number of complaints about the practice.

Scientology recruiting kids through Facebook
Germany

Scientology recruiting kids through Facebook

The Church of Scientology has been using social networks such as Facebook and SchülerVZ to gain young German followers, prompting intelligence officials to ramp up surveillance on the controversial group, a media report said this week.

Publisher Metro reports drop in quarterly losses
Sweden

Publisher Metro reports drop in quarterly losses

Metro International, the Swedish publisher of free newspapers, said Friday it diminished its first quarter losses compared to the same period last year, but warned 2011 would see higher paper prices.

Nestlé sales tumble in first quarter
Switzerland

Nestlé sales tumble in first quarter

 

Swiss food giant Nestle said Friday its first quarter sales fell 9.3 percent, hit by the strong Swiss franc and costs arising from its sale of eyecare group Alcon.

 

Campaign aims to reduce ball injuries
Switzerland

Campaign aims to reduce ball injuries

A new Swiss education campaign has been launched with the aim of reducing accidents in ball sports by 10 percent by 2014.

 

US slams Deutsche Bank for financial crisis role
Germany

US slams Deutsche Bank for financial crisis role

Almost three years after the global financial crisis, Germany’s Deutsche Bank has been slammed in a US Senate report for allegedly recklessly pushing worthless mortgage-backed securities to investors.

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Switzerland

Children of alcoholics targeted by new site

A new website for Swiss children and teenagers with alcoholic parents was launched in Bern this week in a novel attempt to deal with the problem.

Dalai Lama arrives for ‘final’ Sweden visit
Sweden

Dalai Lama arrives for ‘final’ Sweden visit

The Dalai Lama arrived in Sweden late on Thursday night, after his flight from Ireland suffered a lengthy delay.

Frédéric Prinz von Anhalt and Zsa Zsa Gabor want a baby
Germany

Frédéric Prinz von Anhalt and Zsa Zsa Gabor want a baby

Frédéric Prinz von Anhalt, flamboyant German-born LA socialite and ninth husband to actress Zsa Zsa Gabor announced Friday that the elderly couple is planning to have a child with a surrogate mother.

One in five Swedes would swap a kidney for cash
Sweden

One in five Swedes would swap a kidney for cash

A recent survey shows that 22 percent of Swedes would be willing to part with one of their kidneys for in exchange for a hefty sum of money.

Human traffickers sell children to paedophiles
Germany

Human traffickers sell children to paedophiles

An international band of human traffickers has been caught smuggling children to Germany from Haiti and beyond, then selling them to paedophiles, officials said Friday. The group allegedly posed as an aid organisation, luring the children with promises of a better life.

Male lust/female vice? Swedish museum touts sex through the ages
Sweden

Male lust/female vice? Swedish museum touts sex through the ages

While the National Museum's new "Lust & Vice" exhibition has titillated the viewing public, it has incurred the scorn of an art world used to seeing sex exploited for financial gain, Peter Vinthagen Simpson writes.

Färjestad reclaim Swedish ice hockey gold
Sweden

Färjestad reclaim Swedish ice hockey gold

Färjestad BK were crowned champions of Sweden's top professional ice hockey league for the ninth time on Thursday night following a convincing 4-1 victory over Skellefteå.

Parental leave equality ’30 years away’: study
Sweden

Parental leave equality ’30 years away’: study

Recent figures show that it will take more than three decades until parents in Sweden share their parental leave benefits equally.

Friedrich aims to toughen anti-terror law
Germany

Friedrich aims to toughen anti-terror law

German Interior Minister Hans-Peter Friedrich wants to significantly increase security officials’ power to fight terrorism, a move the Justice Ministry opposes, a media report said Friday.

Hamburg company hopes kites will make shipping greener
Germany

Hamburg company hopes kites will make shipping greener

A Hamburg-based company is producing giant kites to help power sea vessels and save fuel, hoping to harness not just the wind but a new will for energy efficiency.

April showers giving way to sunny weekend
Germany

April showers giving way to sunny weekend

After several days of chilly April showers, the Germany's weather is set to improve with increasing temperatures and widespread sunshine, the German Weather Service (DWD) reported.

National Debt Office opens up for Saab loans
Sweden

National Debt Office opens up for Saab loans

On Thursday the National Debt Office (NDO) took a small step towards Saabs recovery by opening up for the cash-strapped carmaker to receive loans from other sources than the European Investment Bank (EIB).