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Sweden

HQ rescue plan triggers new share collapse

Financial services group HQ must immediately strengthen its finances and will temporarily sell its fund management company HQ Fonder to its principal owner Öresund for 850 million kronor ($105.07 million).

Friedrich says German squad ready for World Cup without Ballack
Germany

Friedrich says German squad ready for World Cup without Ballack

Germany's next generation of stars is ready to step up into the breach left by captain Michael Ballack, who was ruled out of the World Cup with an ankle injury, centre-back Arne Friedrich said Tuesday.

Daniel descended from aristocracy: new book
Sweden

Daniel descended from aristocracy: new book

Daniel Westling will make the journey from man of the people to prince of Sweden when he marries Crown Princess Victoria next week. But new research shows that the future prince has aristocratic blood - and possibly even Russian blood - coursing through his veins.

Leftists name third presidential candidate
Germany

Leftists name third presidential candidate

The socialist Left Party has chosen one of its own MPs, former television journalist Lukrezia Jochimsen, to challenge Christian Wulff and Joachim Gauck for Germany’s presidency, media reported Tuesday.

Police woman kills kids and takes own life
Germany

Police woman kills kids and takes own life

A young policewoman has strangled her two children, aged five and 10, and then killed herself in Brandenburg, police announced on Tuesday.

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Sweden

ABB in multi-million bid for Britain’s Chloride

Swiss-Swedish engineering firm ABB has launched a £860 million pounds ($1.25

Where the axe has fallen: a budget cut breakdown
Germany

Where the axe has fallen: a budget cut breakdown

As the dust settles on the German government's plans for a round of brutal belt-tightening, The Local breaks down the numbers and the details to see how it affects you.

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Sweden

Early Stieg Larsson works found in library

A raft of unpublished manuscripts by the Swedish writer Stieg Larsson, author of the popular Millennium trilogy books, have been unearthed at Sweden's National Library (Kungliga biblioteket - KB) in Stockholm.

Berlin Air Show takes off
Germany

Berlin Air Show takes off

The Berlin Air Show welcomed the world's leading aerospace firms to the German capital on Tuesday, with Airbus's A380 superjumbo set to be one of the stars.

Absent Swedes share in World Cup fever
Sweden

Absent Swedes share in World Cup fever

Despite Sweden's failure to qualify for this year's World Cup in South Africa, many Swedes plan to join in the fun when the month-long feast of football kicks off on Friday.

Critics call for end to GEZ television licence fees
Germany

Critics call for end to GEZ television licence fees

Critics are once again calling for an end to Germany’s hated GEZ public broadcasting licence fees ahead of a meeting of state premiers on Wednesday.

Portnoy’s Podcast: Hanging ten with Michael Scott Moore
Germany

Portnoy’s Podcast: Hanging ten with Michael Scott Moore

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

Swedish oil company accused of war crimes
Sweden

Swedish oil company accused of war crimes

Swedish oil company Lundin Petroleum and the consortium it belonged to in the Sudan were involved in war crimes and crimes against humanity, according to a new report. The company has denied the accusations.

Birgitta Ohlsson – A maverick in a ministerial suit
Sweden

Birgitta Ohlsson – A maverick in a ministerial suit

Sweden's Minister of EU Affairs Birgitta Ohlsson talks to The Local's Peter Vinthagen Simpson about freedom of expression in Sweden and Europe today; the euro and Sweden's status outside of it; and what can be done to encourage and promote universal European liberal values.

Trial over Aachen jailbreak begins
Germany

Trial over Aachen jailbreak begins

Court began proceedings started on Tuesday against two inmates who staged a dramatic jailbreak from a maximum-security prison in the Aachen area last year, keeping Germany on edge for five days as fugitives.

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Sweden

Sweden and UK find common cause on EU

Sweden’s EU minister Birgitta Ohlsson has said she felt “quite safe” with her new British counterpart, after previously expressing concerns that the UK’s Conservatives would pursue a stridently anti-European programme.

Austerity package sparks heated debate
Germany

Austerity package sparks heated debate

The government’s plan for deep spending cuts sparked fierce debate on Tuesday, with some in the coalition defending the package while social justice advocates, unions and German cities slammed the plan as unjust.

Bankrupt Karstadt chain finds US-German buyer
Germany

Bankrupt Karstadt chain finds US-German buyer

A US-German investor and the US fashion group BCBG Max Azria are to acquire Karstadt, the famed but financially troubled German department store chain, Karstadt's judicial administrator said Monday.

Vilks takes fight to Facebook foes
Sweden

Vilks takes fight to Facebook foes

Swedish artist Lars Vilks has joined a Facebook group entitled Kill Lars Vilks in order to engage in discussion with his antagonists as part of his ongoing art project to explore the bounds of free speech.

Stockholm metro opens gates for royal wedding
Sweden

Stockholm metro opens gates for royal wedding

Metro services in Stockholm will be free of charge on June 19th, the day of the royal wedding of Crown Princess Victoria and Daniel Westling, the local transport authority, SL, has announced.

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Sweden

Police arrest Kosovo war crimes suspect

A second man of Serbian origin has been arrested by Swedish police on suspicion of having committed war crimes in Kosovo in 1999.