Sweden Calls EU Budget Compromise ‘Still Unreasonable’ and Demands Deeper Cuts
A new compromise proposal in the EU’s major budget battle includes a cut - but “only” by 8 percent. “Still unreasonable,” Sweden says.
BusinessA new compromise proposal in the EU’s major budget battle includes a cut - but “only” by 8 percent. “Still unreasonable,” Sweden says.
BusinessThe Chinese electric car giant BYD is making a splash in Europe, and in a few weeks, it will open a showroom in central Stockholm. But many Europeans are turning a blind eye. “People have preconceived ideas, even in Sweden,” says Niklas Gustafson, BYD’s country manager in Sweden.
CarsNickelback is coming to Sweden to play a concert in Gothenburg. The Canadian rock band will perform at Scandinavium on July 11 next year.
MusicThe EU and China have reached an agreement on hybrid cars. This could reduce China’s exports by more than half, says EU Trade Commissioner Maroš Šefčovič.
CarsEU countries agree on how they want the financial market to be supervised, despite criticism from the European Commission.
BusinessIn the past two years, the major Swedish banks SEB and Nordea have lent 14 billion kronor (about $1.3 billion) to fossil fuel companies operating in the Arctic, according to a report from Fair Finance Guide. Many Swedish bank customers will be outraged. “It is actually their money that is being used for these loans, among other things,” says Jakob König of the organization. The banks dispute the report’s findings.
SwedenTurkmenistan has become a gathering place for key players in the conflicts in Europe and the Middle East in recent days.
ConflictsFelicia Schröder has made a successful start at Real Madrid, scoring several goals. But the 19-year-old is still scoreless for Sweden. The easiest way to get her to score her first goal for the national team is to tell her, “Just go for it,” says national team coach Tony Gustavsson.
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