Swedish industry is coming under increasing pressure from China. Therefore, the rate of wage increases must slow down in this winter’s major round of wage negotiations, according to employers. And reduced working hours “has come to the end of the road” - a statement that surprises the union.
BusinessEverything is possible, says the Energy Companies' electricity analyst Magnus Thorstensson on the question of whether it is possible to make Sweden into a single electricity area. The winners would probably be customers in the south and producers in the north. The losers would be households in Norrland.
BusinessThe government warns of enormous consequences of Trump's tariffs and growth will have to be written down. This is harmful to the Swedish economy, says Finance Minister Elisabeth Svantesson (The Moderate Party). One measure to support companies may be short-term work – similar to what existed during the pandemic.
BusinessTrade unions and employers have agreed on a new two-year industrial agreement – which will be guiding for the entire labour market. We didn't reach as high as we wanted, but it became an acceptable level, says Ulrika Lindstrand, union president at Sweden's Engineers.
BusinessThe proposals do not lead to more offshore wind power. And existing projects risk being delayed or cancelled as uncertainty increases. The wind power industry is critical of the investigation, which lacks important puzzle pieces and is now demanding a clear direction from the government.
BusinessThe state is to decide where offshore wind farms are to be built in the future. But no economic support for wind power builders is included, according to the investigation presented on 13 December. The industry therefore fears that the new projects will now be postponed many years ahead in time.
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