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Europe Top News and Analysis Sweden

  • European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.

  • David Cameron

    British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.

  • Tele2 CEO: We Do Have Margin Pressure

    Mats Granryd, CEO of Tele2, tells CNBC that they have sustainable growth in the Swedish market despite it being a very mature market.

  • Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013.

  • Copenhagen, Denmark

    Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

  • Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

  • Swedbank CEO: We Are Extremely Well Positioned

    Michael Wolf, CEO of Swedbank, tells CNBC that despite the economy 'biting' they are proud to have adjusted the bank to the new regulatory environment.

  • Sweden's Borg: Crisis Not Yet Over

    Anders Borg, Sweden's finance minister, warns against getting carried away with the idea that the European crisis is over.

  • Swedish PM: Cameron Is Taking Initiative On Europe

    Fredrik Reinfeldt, Swedish Prime Minister, tells CNBC he believes UK Prime Minister, David Cameron was taking initiative by calling a referendum and fighting to stay inside the European Union.

  • A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.

  • Shoppers in euro zone nations battered by years of recession and crisis are on the hunt for bargains, delaying their purchases until the last minute, or simply not buying at all as post-Christmas sales get underway.

  • Ericsson, the world's biggest telecom network equipment maker, will take an 8 billion crown($1.2 billion)charge on its ST-Ericsson venture.

  • rolls-royce-motor-cars-200.jpg

    Aerospace and defense group Rolls-Royce said it was in talks with Britain's Serious Fraud Office over potential corruption involving its intermediaries overseas.

  • Growing Signs of Europe Banking Turnaround

    Germany and France publicly clashed on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of the ECB's powers that threatens to undermine one of Europe's boldest reforms.

  • LONDON, Nov 5- International tourist arrivals grew 4 percent between January and August year-on-year and are heading for the 1 billion mark for the first time by December, the UN World Tourism Organization said on Monday.

  • The $2.3- billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk.

  • Oct 31- MasterCard Inc reported a quarterly profit that handily topped market estimates as more people, particularly in Asia, opted to use credit and debit cards instead of cash. MasterCard has been boosting its presence outside the United States, cashing in on higher-growth markets in Asia and the Nordic countries.

  • LONDON, Oct 31- Hong Kong was named the world's top financial centre for the second year running by the World Economic Forum, thanks to the strength of its business environment, infrastructure and a favourable tax regime. The United States, Britain, Singapore, Australia and Canada followed Hong Kong in the 2012 rankings.

  • TOKYO/ BEIJING, Oct 30- Heavy equipment makers are pinning their hopes on a stimulus fuelled rebound in China in 2013, after suffering another bruising quarter as the global economy slowed faster than expected with little respite seen before the end of the year.

  • BRUSSELS, Oct 28- European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro long-term budget, a source familiar with the issue said.