Swedish truck maker Volvo is to cut 600 jobs in Sweden and Belgium on top of the 1,400 redundancies announced last month.
Every week a panel of readers will be giving their views on the burning issues of the hour. This week: The Panel assess the effects of a crisis that has been emptying wallets worldwide.
Some Berlin residents aren’t coping well with the impending closure of the city's historic Tempelhof airport this week, with police even investigating threats against Mayor Klaus Wowereit.
With the US election just around the corner, we ask people living in Sweden to explain their reasons for supporting either of the candidates. First up, Peter Dahlen of Democrats Abroad explains why he believes Barack Obama is the right man for the job.
The German Economy Ministry said Wednesday it had set up a hotline for small- and medium-sized enterprises (SMEs) that are having problems with financing because of the international crisis.
The news of the Sterling Airlines bankruptcy and the cancelled flights that came with it have left thousands of travellers scrambling to find alternate routes and begin the process of recouping money spent on now worthless tickets.
A memorial to the victims of the 1998 Gothenburg nightclub fire, which claimed 63 lives, will be unveiled on Wednesday night on the tenth anniversary of the blaze.
A 25-year-old man has told police that a death threat he posted in a video on YouTube was a joke that spiralled out of control.
The Swedish parliament has passed a 1.5 trillion kronor ($194.1 billion) plan to aid the country's financial sector as it struggles to weather the global credit crisis.
German airline Lufthansa said Wednesday it would boost its stake in British carrier BMI to 80 percent, giving it control of the company and a large foothold in Europe's biggest airport.
Sweden's Mr. Consistency, Robert Karlsson, will bid to become the first player from his country to win the European Order of Merit when he tees off in the season-closing Volvo Masters at Valderrama on Thursday.
World number two Annika Sörenstam said Wednesday she doesn't rule out a comeback if she feels the urge despite deciding to call it quits at the end of the season.
The lawyer for Christine Schürrer, the 32-year-old German woman sentenced to life in prison for the killing of two toddlers in Arboga in central Sweden last spring, has appealed his client’s conviction.
Is there an "Animal" endangering the streets of Bavaria? Police traffic cameras recently captured a puppet speeding, but the culprit turned out to be a hot-footed British driver with a sense of humour.
Swedish footballer Freddie Ljungberg has signed on with the Seattle Sounders FC, the newest expansion team of the United States’ Major League Soccer professional league.
The German government on Wednesday extended its monitoring mission in the Horn of Africa as part of the US-led "war on terror," but lowered its troop levels.
Sweden's central bank said on Wednesday it would facilitate access to loans for non-financial companies feeling the effects of the global crisis.
Czech police are cracking down on prostitution in the tiny border town of Chomutov by posting photos of German johns in the act on the internet, German broadcaster ARD reported this week.
Sweden's Ericsson 4 has broken the world 24-hours distance record for a monohull yacht during the Volvo Ocean Race around the world which departed from Spain earlier this month, organizers said Wednesday.
The National Institute of Economic Research has downgraded its forecast for the Swedish economy in 2008 and now projects negative growth in 2009 as the country’s main economic indicator dropped to its lowest level since 1996.
Luxury carmaker Porsche on Wednesday denied responsibility for the stock market chaos caused by the rollercoaster movements of Volkwagen shares, which have wreaked havoc with the value of the DAX in recent days.
The Stockholm stock exchange rebounded from a shaky start to the week with a 5 percent jump in early Tuesday trading.
Germany opened its first offshore wind farm this week - a move Environment Minister Sigmar Gabriel called a key step toward more reliance on renewable energy in Europe's biggest economy.
Danish budget carrier Sterling Airlines is to file for bankruptcy on Wednesday, the company said in a statement.
A government commission has proposed that Sweden abandon peacetime military conscription.
Perhaps the financial crisis is leading to a few more half litres of Hefeweizen each night for Germans. Beer sales rose two percent in the third quarter of 2008, the Federal Statistics Office (Destatis) announced on Wednesday in Wiesbaden.
Every third German hospital is in debt, according to survey by daily Bild published on Wednesday.
German Defence Minister Franz Josef Jung has said that the EU’s peacekeeping mission in Bosnia should remain in place for now.
A man suffered life-threatening injuries following a shooting in the Stockholm suburb of Rinkeby.