Swedish banks take a tumble
Sweden

Swedish banks take a tumble

Shares in Swedish banks continued to fall on the Stockholm stock exchange on Tuesday amid fears of a deepening crisis in the US financial sector.

Analysts expect German banks to cope with Lehman’s demise
Germany

Analysts expect German banks to cope with Lehman’s demise

German economists and banking experts said on Tuesday the world’s third largest economy would likely cope fairly well with the fallout from the demise of US investment bank Lehman Brothers.

Students design outfits for Swedish women prisoners
Sweden

Students design outfits for Swedish women prisoners

Stockholm design school students have created a radical new clothing line for female prisoners. The range was unveiled on Tuesday at Färingsö prison, located just outside the city.

Steinbrück sees Germany weathering global financial crisis
Germany

Steinbrück sees Germany weathering global financial crisis

Despite dark clouds on the horizon, Finance Minister Peer Steinbrück said on Tuesday Germany was well positioned to weather the financial crisis that brought down US investment bank Lehman Brothers.

Peanuts and snowglobes – an afternoon with Lasse Åberg
Sweden

Peanuts and snowglobes – an afternoon with Lasse Åberg

Jesus playing ice hockey and Jimmy Carter as a giant peanut? There's more than enough to entertain at Åbergs Museum, the brainchild of iconic comedian Lasse Åberg.

Scientists discover stunning red fluorescence in reef fish
Germany

Scientists discover stunning red fluorescence in reef fish

Scientists at the University of Tübingen have discovered that reef fish communicate with a spectacular red fluorescence – a challenge to the previous notion that fish were unable to process the colour.

Porsche gains control of Volkswagen
Germany

Porsche gains control of Volkswagen

German sports car maker Porsche said it had raised its stake in Volkswagen to 35 percent Tuesday, effectively winning control of Europe's biggest automaker.

US embassy helps with Södertälje youth integration efforts
Sweden

US embassy helps with Södertälje youth integration efforts

The US embassy in Sweden has announced a unique partnership with the city of Södertälje to help the city’s young people learn more about opportunities for work and study in the United States.

German man protests legal fine by paying 62 kilos in coins
Germany

German man protests legal fine by paying 62 kilos in coins

A man in Wuppertal decided to protest legal fines by paying with 29,292 one-cent coins into the county court mail box, the Westdeutsche Zeitung reported on Tuesday.

Riksdag opening met with FRA-law protests
Sweden

Riksdag opening met with FRA-law protests

Several hundred demonstrators marched from Sergels Torg in central Stockholm to the steps of the Riksdag on Tuesday to protest Sweden’s surveillance law.

Beckstein hammered for drink driving comments
Germany

Beckstein hammered for drink driving comments

Bavaria's state premier Günther Beckstein on Tuesday came under fire for saying that driving after drinking two litres of beer at the upcoming Oktoberfest is perfectly acceptable.

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Sweden

Sweden’s Getinge to purchase Datascope

Swedish medical technology group Getinge announced plans on Tuesday to purchase cardiovascular device maker Datascope Corp for $865 million in cash.

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Sweden

Swedish couple sentenced for raping babysitters

A couple from Degerfors in central Sweden was sentenced to prison on Monday for sexually assaulting two teenage girls who were babysitting at the pair’s home.

Body of missing Gorch Fock sailor found
Germany

Body of missing Gorch Fock sailor found

The body of a German sailor missing at sea since early September was recovered on Monday evening, the Kiel state prosecutor's office on Tuesday.

Berlin sees ‘lack of cooperation’ on Iran’s nuclear programme
Germany

Berlin sees ‘lack of cooperation’ on Iran’s nuclear programme

Germany's foreign minister expressed disappointment over Iran's "lack of cooperation" with the West over its nuclear programme during talks with his Iranian counterpart, sources said on Tuesday.

Swedish apartment values still slumping
Sweden

Swedish apartment values still slumping

Apartment prices in Sweden are still dropping, but the value of houses continue to rise, according to new figures.

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Sweden

Sweden plays host to anti-globalization activists

More than 20,000 anti-globalization activists are due in Malmö this week to take part in the European Social Forum, hoping to breathe new life into a movement many say is

Merkel wishes she could be a gymnast
Germany

Merkel wishes she could be a gymnast

German Chancellor Angela Merkel has admitted she would like to be a gymnast in an interview for Frau im Speigel women's magazine.

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Sweden

Psychiatric patient’s suicide prompts inquiry

A 32-year-old mental patient was discovered on Wednesday of last week hanging unconscious in his room from a noose fashioned out of bed sheets.

Poll: Swedes fleeing other parties for Social Democrats
Sweden

Poll: Swedes fleeing other parties for Social Democrats

The Social Democrats have taken the support of more than 350,000 new voters from other political parties since the 2006 elections, according to a new poll.

Earthquake hits Bavaria
Germany

Earthquake hits Bavaria

A mild earthquake hit the Karwendel region of the Alps in the German state of Bavaria on Monday evening.

Government proposes major tax cut plan
Sweden

Government proposes major tax cut plan

The government is set to propose 15 billion kronor ($2.2 billion) in tax cuts designed to benefit working Swedes.

Health insurers reject treating smokers as sick people
Germany

Health insurers reject treating smokers as sick people

Health insurance companies have rejected a suggestion by the German Medical Association that smokers be treated as sick people.