Sweden Defies Forecasts With Biggest GDP Gain in Four Months

[ad_1] Sweden’s economy unexpectedly expanded in January, with gains in exports and household spending contrasting earlier evidence that the largest Nordic economy had likely entered a recession. Indicator data for…

Swedish Housing Market Gets Good News as Prices May Have Bottomed

[ad_1] Sweden’s third biggest bank turned clearly more optimistic in its outlook for the country’s battered housing market, saying prices have bottomed out. Sweden — one of the worst-hit residential…

Swedish Banks Lower Mortgage Rates

[ad_1] A large share of Swedish home owners, pressured by high borrowing costs, are set for relief as banks are cutting rates on mortgages following the Riksbank’s latest decision to…

Swedish Lender Is Europe’s ‘Safest Bank’—And One of the Most Shorted

[ad_1] Swedish lender Svenska Handelsbanken AB has been crowned the safest commercial bank in Europe. Short sellers seem to think otherwise. Handelsbanken is the second most-shorted bank in the Bloomberg…

Swedish Bank Shares Fall as Opposition Party Pushes Windfall Tax

[ad_1] Sweden’s main opposition party is proposing a windfall tax on the “excess earnings” made by the country’s lenders, adding to investor concern that European banks could face stiffer taxes…