Saab: 60 years of love, debt and tears
Sweden

Saab: 60 years of love, debt and tears

General Motors' announcement on Friday that it will wind down its lossmaking brand Saab Automobile brings an end to the iconic Swedish brand after six decades of car manufacturing.

Business confidence up for ninth consecutive month
Germany

Business confidence up for ninth consecutive month

German business confidence rose for the ninth month running in December, the closely watched Ifo survey indicated on Friday, in the latest sign that Europe's biggest economy is on the road to recovery.

No government rescue for Saab: Olofsson
Sweden

No government rescue for Saab: Olofsson

Sweden's enterprise minster Maud Olofsson lamented the "very sad" news on Friday of the imminent demise of Saab Automobile, while also reiterating her long-held assertion that the government will not step in to save the brand.

Sweden reacts with dismay to Saab closure
Sweden

Sweden reacts with dismay to Saab closure

The news that carmaker Saab is to be closed down by owner General Motors has been greeted with widespread dismay in Sweden.

‘Abwrackprämie’ named word of the year
Germany

‘Abwrackprämie’ named word of the year

The Society for German Language (GfdS) on Friday crowned Abwrackprämie, or “wrecking premium,” the most important German word of 2009.

GM set to wind down Saab
Sweden

GM set to wind down Saab

US car maker General Motors is to shut down Saab as talks collapse with Dutch sportscar manufacturer Spyker over the acquisition of GM's Swedish unit, Reuters reports

The Local presents Portnoy’s podcast
Germany

The Local presents Portnoy’s podcast

The Local is proud to announce the first podcast of Portnoy’s Stammtisch, our regular column about life in Germany.

Bundesrat backs Merkel’s tax-relief package
Germany

Bundesrat backs Merkel’s tax-relief package

German Chancellor Angela Merkel scored a key political victory as a disputed tax relief package passed the upper house of parliament Friday despite serious reservations from the country's states worried about their tattered public finances.

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Sweden

Chinese firm beats Ericsson to 4G deal

Ericsson's Chinese competitor Huawei has made deep inroads into the Swedish company's home turf after securing a deal to deliver a major 4G network in Sweden.

Frankfurt police say missing American likely fell in Main River
Germany

Frankfurt police say missing American likely fell in Main River

Frankfurt police said on Friday they believe a 22-year-old American man who went missing last month probably fell into the Main River in an alcohol-related accident.

Top ten Swedish songs of the decade
Sweden

Top ten Swedish songs of the decade

Songs of the decade: The Local's editor Paul O'Mahony dips into the vaults and pulls out his ten favourite Swedish tracks of the last ten years.

Notorious Auschwitz entry gate stolen
Germany

Notorious Auschwitz entry gate stolen

Thieves have stolen the notorious “Arbeit macht frei” entrance gate to the Nazi concentration camp Auschwitz, a spokesperson at the camp memorial confirmed on Friday.

Crime figures falling in Rosengård: police
Sweden

Crime figures falling in Rosengård: police

An increased police presence has led to a distinct reduction in crime figures for flashpoint Malmö suburb Rosengård, according to local media reports.

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Sweden

Swedish economy over the worst: report

Sweden's economy is showing strong signs of recovery with tax cuts and low interest rates helping to bring the country out of a protracted slump, according to a new report from the National Institute of Economic Research (Konjunkturinstitutet - NIER).

Deutsche Bahn to launch electro-car sharing programme
Germany

Deutsche Bahn to launch electro-car sharing programme

German national rail provider Deutsche Bahn plans to start a pilot programme in Berlin and Potsdam in summer 2010 to test an electric car sharing service, financial daily Handelsblatt reported on Friday.

Military filmed Kunduz strike from ground
Germany

Military filmed Kunduz strike from ground

German soldiers were on the ground filming ahead of the controversial deadly bombardment that killed up to 142 people in Afghanistan, daily Bild reported on Friday.

Deutsche Bank execs to share new UK bonus tax burden
Germany

Deutsche Bank execs to share new UK bonus tax burden

Global staff at Germany's largest bank, Deutsche Bank, will share the burden of a 50 percent British tax on bonuses, chairman Josef Ackermann said on Friday.

Fire fighters use night vision camera to save child’s guinea pig
Germany

Fire fighters use night vision camera to save child’s guinea pig

Fire fighters in the Bavarian city of Alzenau made a child very happy on Thursday night when they used special night vision equipment to retrieve a tiny lost pet.

MP makes indecent Christmas party proposal
Sweden

MP makes indecent Christmas party proposal

Social Democrat member of parliament Per Svedberg awoke shamefaced this week after making lewd advances in a state of undress to a female colleague at a Riksdag Christmas bash.

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Sweden

Bank gives porn site link to Swedish school kids

A Swedish bank inadvertently published a link to a porn site in a magazine distributed to hundreds of thousands of Swedish school children.

Wolves fair game as Sweden sets cull
Sweden

Wolves fair game as Sweden sets cull

Swedish authorities have broken with a 45-year tradition and given the all clear for hunters to kill a total of 27 wolves next year in a bid to control the country's burgeoning lupine population.