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Germany

Bundesliga winter break to be trimmed next season

The Bundesliga's traditional winter break will be cut by three weeks to three-and-a-half weeks from the 2009-10 season, the German Football Federation announced Thursday.

Krona slumps to new euro low
Sweden

Krona slumps to new euro low

Sweden's currency slipped to a record low against the euro on Friday, while also falling to a five-year low against the dollar.

Merkel not irked at missing UK crisis talks
Germany

Merkel not irked at missing UK crisis talks

Berlin denied on Friday that Chancellor Angela Merkel was peeved at not being invited to talks between her French and British counterparts and the president of the European Commission in London on Monday.

Deutsche Bank warns of massive 2009 recession
Germany

Deutsche Bank warns of massive 2009 recession

Deutsche Bank's chief economist Norbert Walter on Friday warned Germany could be in for a dire 2009 with Europe's largest economy possibly shrinking a massive four percent.

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Sweden

US Nobel laureate to miss 2008 ceremony

American Yoichiro Nambu, 87, who won this year's Nobel Physics Prize with two Japanese physicists, will not travel to Stockholm next week for the award ceremony, the Nobel Foundation said on Friday.

Industrial orders plunge 6.1 percent in October
Germany

Industrial orders plunge 6.1 percent in October

German industrial orders fell by 6.1 percent in October on a 12-month basis, and were 9.5 percent lower from the level the previous month, the Economy Ministry said on Friday as the biggest European economy remained mired in recession.

Health insurers hunt chronic patients for cash
Germany

Health insurers hunt chronic patients for cash

Health insurance companies have started to aggressively hunt for chronically ill patients to generate more cash after a 2009 health care reform comes into effect, daily Rheinische Post reported on Friday.

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Sweden

Sweden’s Sharia pension fund outperforms market

A Swedish pension fund that abides by Sharia laws has outperformed the Stockholm stock exchange since its launch in October.

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Sweden

Greater numbers of Swedish companies going bust

Companies in Sweden are going bankrupt at an ever faster pace, new statistics show.

‘Bring back public smoking in Sweden’: politician
Sweden

‘Bring back public smoking in Sweden’: politician

A member of the Swedish parliament is calling for the country’s ban on smoking in restaurants and pubs to be overturned.

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Sweden

US think tank: Swedish foreign aid ‘best in the world’

Sweden’s foreign assistance programme has been given top marks by an influential American think tank.

German business leaders shunning English terms
Germany

German business leaders shunning English terms

Using English terms in the German business world has become passé according to daily Die Welt, which this week reported that top managers are rebelling against the anglicisation of their native language.

National lottery struggles as Germans pinch pennies
Germany

National lottery struggles as Germans pinch pennies

Germany's Lotto announced on Friday that it has seen rapidly declining sales as the weak economy forces average Germans to abstain from playing the lottery.

Christmas by design: Unmissable markets in Sweden and Denmark
Sweden

Christmas by design: Unmissable markets in Sweden and Denmark

Join Charlotte West on a tour of the best Christmas markets for design products in Stockholm, Gothenburg, Malmö and Cophenhagen.

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Sweden

Sweden bides time over car maker aid

Sweden's Industry Minister Maud Olofsson said on Friday the government wanted to see what Ford , General Motors and the European Investment Bank did before deciding on any support for domestic car makers.

Sweden announces major jobs package
Sweden

Sweden announces major jobs package

The Swedish government announced on Friday it plans to spend 23 billion kronor ($2.8 billion) over the next three years on “employment and retraining” measures in an attempt to minimize the effects of the weak economy.

Man dies in Bonn porn video booth
Germany

Man dies in Bonn porn video booth

A German man has been found dead in a pornography video booth at a Bonn Beate Uhse sex shop, Cologne daily Express reported on Friday.

Government presents controversial file sharing bill
Sweden

Government presents controversial file sharing bill

Sweden’s government on Thursday formally presented a legislative proposal for a new file sharing law designed to make it easier to hunt down people who illegally download copyrighted material.

Gigolo blackmailing BMW heiress to face trial by March
Germany

Gigolo blackmailing BMW heiress to face trial by March

The jailed gigolo accused of blackmailing Germany’s richest woman will face a Munich court by March of 2009, daily Süddeutsche Zeitung reported on Friday.

German navy saves cruise ship from pirates
Germany

German navy saves cruise ship from pirates

The German navy has thwarted an attack on a four-star cruise ship in the Gulf of Oman, according to reports from website of newsmagazine Der Spiegel late on Thursday.

Doctor dramas make viewers afraid of hospitals
Germany

Doctor dramas make viewers afraid of hospitals

Those who watch an above average amount of television hospital dramas are likely to be afraid of hospitals, according to researchers at the German Surgery Society (DGCH) this week.

Pärson posts top time in World Cup ski prep
Sweden

Pärson posts top time in World Cup ski prep

Sweden's Anja Pärson had the fastest downhill training time Thursday and said she is ready to move beyond an earlier run of tough luck on the slopes of Canada's Lake Louise resort.

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Sweden

Convicted murderer escapes in Stockholm

Police have issued a nationwide alert following the escape of a convicted murderer from two guardians during a temporary release in central Stockholm on Wednesday.