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Sweden

Swedish stock market ends week on a high

A rollercoaster week on the Stockholm stock exchange ended on a peak as rates rose in anticipation of Friday's financial rescue package vote in the United States.

Swedish archaeologists uncover Viking-era church
Sweden

Swedish archaeologists uncover Viking-era church

The remains of a Viking-era stave church, including the skeletal remains of a woman, have been uncovered near the cemetery of the Lännäs church in Odensbacken outside Örebro in central Sweden.

Financial troubles hit Sweden’s golf clubs
Sweden

Financial troubles hit Sweden’s golf clubs

Golf clubs in Sweden are facing tough economic times, with three clubs declaring bankruptcy in just the last few weeks.

Merkel wants young Germans to learn about recent history
Germany

Merkel wants young Germans to learn about recent history

Speaking during celebrations to mark German Unity Day on Friday, Chancellor Angela Merkel said young people in Germany needed to learn more about their country’s Communist past.

Thousands of rental flats privatized
Sweden

Thousands of rental flats privatized

Private owners have taken over 16,000 municipal rental apartments since the 2006 elections.

German carmakers report plunging sales
Germany

German carmakers report plunging sales

The credit crisis, high oil prices and a weakening European economy have hit the German car industry hard with luxury automakers BMW and Porsche registering shrinking sales.

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Sweden

No SEX or LSD on Swedish cars

While authorities in Sweden have been known to put their foot down when it comes to what parents name their children, the three-letter combinations on Swedish licence plates can also be censored.

Cops break up wild teen party in Lippstadt
Germany

Cops break up wild teen party in Lippstadt

A 16-year-old who threw a party at her parents’ new home in Lippstadt while they were on vacation got more than she bargained for when more than 200 teenagers rampaged through the house, torturing the family’s rabbits, ripping off wallpaper and peeing on the carpets.

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Sweden

Skandia settles long-running dispute over sale

Skandia AB, the Swedish subsidiary of Anglo-South African Old Mutual Plc, announced on Friday that it has come to a favourable settlement in its six-year dispute over the sale of its asset management business.

Date set for Nobel Literature Prize
Sweden

Date set for Nobel Literature Prize

As speculation begins to mount over this year's Nobel Literature Prize, the Swedish Academy said on Friday it would announce the winner on October 9th.

Germany kicks off Unity Day celebrations in Hamburg
Germany

Germany kicks off Unity Day celebrations in Hamburg

Germany opend a three-day party in Hamburg on Unity Day on Friday with Chancellor Merkel and President Köhler to mark 18 years of the unification of East and West Germany.

German minister rejects plan to extend maternity leave
Germany

German minister rejects plan to extend maternity leave

German Family Minister Ursula von der Leyen is opposed to proposals to extend paid maternity leave for women to 18 months, warning they could backfire and hamper jobs in Germany.

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Sweden

School reports 10-year-old to police after fight

A 10-year-old boy was reported to police for getting into a fight with an 8-year-old during recess at a school in Jönköping in central Sweden.

Rescue package for Hypo Real Estate approved
Germany

Rescue package for Hypo Real Estate approved

Germany’s government and banks have agreed on the details of a 35-billion-euro rescue plan for embattled mortgage lender Hypo Real Estate hours after gaining European Union approval for the bailout.

Sahlin calls for privacy ombudsman
Sweden

Sahlin calls for privacy ombudsman

The Social Democrats want to create an ombudsman to help protect individuals’ privacy in Sweden, party leader Mona Sahlin told Sveriges Radio.

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Sweden

Swedish team penalized in Volvo Ocean Race

A Swedish sailing team entered in the Volvo Ocean Race, in which teams circumnavigate the globe, was penalized by international sailing authorities on Thursday because the boat’s keel failed to comply with the rules.