What’s On in Sweden: October 15th – 21st
Sweden

What’s On in Sweden: October 15th – 21st

What’s on in Sweden: Death by chocolate in Stockholm, a free Free Jazz Fest in Gothenburg and The Magic Numbers come to Malmö. Plus cult comedians in Linköping

ICE train makes first Chunnel test trip
Germany

ICE train makes first Chunnel test trip

A German high-speed train entered the Channel tunnel between France and England for the first time Wednesday on a test run aimed at breaking French-built trains' monopoly on the route.

Porsche posts loss, but sees profit in 2011
Germany

Porsche posts loss, but sees profit in 2011

German luxury sports car maker Porsche said Wednesday that it expected to turn a profit next year after posting a loss in the 2009-2010 exercise owing to its failed bid to buy Volkswagen.

BMW increases investment in US plant
Germany

BMW increases investment in US plant

German luxury car maker BMW said Wednesday it would hire 600 more workers by the end of the year for its US plant in South Carolina, bringing the total staff to 7,600 workers as it ramps up US output.

Bodström ‘faces tough choice’ over leave rebuff
Sweden

Bodström ‘faces tough choice’ over leave rebuff

Former justice minister and senior Social Democrat, Thomas Bodström, has said that he "has a tough choice" after being told that his application for a leave of absence from Sweden's Riksdag to spend time in the US had been rejected.

Pharmacy head wins ‘top female executive’ award
Sweden

Pharmacy head wins ‘top female executive’ award

Ann Carlsson, who will take over as CEO of state-owned pharmacy chain Apoteket AB in November, has won this year's 'Ruter Dam' award for the most influential female executive in Sweden.

‘Festival of Lights’ begins in Berlin
Germany

‘Festival of Lights’ begins in Berlin

More than 60 of Berlin’s landmarks will be lit up on Wednesday night to kick off Berlin’s sixth annual “Festival of Lights.” The colourful event electrifies the city from October 13-24 and features one-off events alongside the illuminations.

Top Sweden Democrat convicted of libel
Sweden

Top Sweden Democrat convicted of libel

Carina Herrstedt, vice-chairperson of the Sweden Democrats and newly elected member of parliament, has received the support of her party despite having been convicted of libel for the second time within a year.

Swedish apartment construction takes off
Sweden

Swedish apartment construction takes off

Construction of new apartments in Sweden is approaching levels not seen since the height of the mid-2000s boom, with industry groups forecasting a need for thousands of new workers as a result.

Long-haul Deutsche Bahn fares won’t rise in 2011
Germany

Long-haul Deutsche Bahn fares won’t rise in 2011

For the first time in eight years, German national rail provider Deutsche Bahn has decided not to increase long-distance fares for the coming year, the company said on Wednesday. But regional travellers will have to dig a little deeper to pay their fares in 2011.

Scientists predict golden future for ‘self-driving’ cars
Germany

Scientists predict golden future for ‘self-driving’ cars

Scientists in Germany unveiled the latest self-driven car on Wednesday amid predictions the days of humans behind the wheel are numbered as technology helps reduce accidents and help the environment.

DAX index soars to pre-crisis heights
Germany

DAX index soars to pre-crisis heights

Germany's DAX index of blue-chip stocks hit 6,405.30 points early on Wednesday, a level last seen two years ago before the collapse of the US investment bank Lehman Brothers.

German media roundup: Stepping onto the world stage
Germany

German media roundup: Stepping onto the world stage

Germany may have successfully claimed a seat on the UN Security Council, but newspapers in The Local’s media roundup on Wednesday have few illusions about Berlin’s importance on the world stage.

Abba star sues Buddhist temple owner
Sweden

Abba star sues Buddhist temple owner

Former Abba star Anni-Frid Reuss, has demanded the repayment of a 46 million kronor ($7 million) loan from a Qigong temple in southern Sweden, which has in turn claimed that the money was a donation.

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Sweden

Sweden’s first war crimes trial underway

The trial of a 43-year-old Swedish citizen charged with war crimes started in Stockholm on Wednesday. He is accused of torturing inmates while working as a guard at a Bosnian prison camp in 1992.

Lone Star aiming to sell subprime victim IKB
Germany

Lone Star aiming to sell subprime victim IKB

US investment fund Lone Star has begun the process of selling the German bank IKB, the country's first financial crisis victim, which Lone Star bought in 2008, an executive said Wednesday in an interview.

Xenophobia takes root in German mainstream
Germany

Xenophobia takes root in German mainstream

The acrid immigration debate sparked this summer by former Bundesbank board member Thilo Sarrazin has apparently had an effect on the German public. A poll released on Wednesday showed that one-tenth want a “Führer,” while one-quarter admitted to strong xenophobic attitudes – up from one-fifth in 2008.

Poll shows Merkel’s coalition at all-time low
Germany

Poll shows Merkel’s coalition at all-time low

Angela Merkel’s ruling coalition plumbed an extraordinary new low in a poll published Wednesday, with just a third of voters supporting Germany's centre-right government.

Understanding the Social Democratic collapse
Sweden

Understanding the Social Democratic collapse

The Social Democrats' stinging defeat in Sweden’s September 19th election has less to do with campaign miscalculations than it does with a systemic shift in European society, write Moderate Party MP Johnny Munkhammar and Nima Sanandaji of the Captus think tank.

Investor ‘ready to invest’ as assets climb
Sweden

Investor ‘ready to invest’ as assets climb

Swedish holding firm and Wallenberg family powerhouse Investor has reported a net asset value of 152.4 billion kronor ($22.9 billion), up 9 percent on year-end 2009.

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Sweden

Örebro rape suspect denies all involvement

The 23-year-old man arrested on Monday on suspicions of having committed several rapes in Örebro in eastern Sweden has denied any involvement in the crimes.

Speak German on school grounds, FDP urges
Germany

Speak German on school grounds, FDP urges

Schools should consider compelling students to speak German not just in classes but also in the playground, the head of the pro-business Free Democrats has said.

Second suspect held in Malmö art theft
Sweden

Second suspect held in Malmö art theft

Another man is being held for his suspected involvement in the theft of three paintings from the Malmö Art Museum last week. Police believe the heist was an inside job.

WWII weapons found under playground
Germany

WWII weapons found under playground

World War II weapons including grenade-launchers, rifles and ammunition have been found buried less than two metres below a children’s playground in a day-care centre in Bremen, media reported Wednesday.

Sweden smothered by dominant Dutch
Sweden

Sweden smothered by dominant Dutch

Two devastating first half mistakes by Sweden paved the way for a crushing 1-4 defeat at the hands of World Cup finalists the Netherlands in Euro 2012 qualifying play on Tuesday.

Die Mannschaft streaks ahead in Euro 2012 qualifiers
Germany

Die Mannschaft streaks ahead in Euro 2012 qualifiers

Goal-machine Germany has kept its perfect Euro 2012 qualifiers record with another convincing win, beating Kazakhstan 3-0 on Tuesday night to extend its lead in Group A.