Swedish Enterprise and Energy Minister Maud Olofsson announced on Friday the government would allow cash-strapped automaker Saab to alter its financing in order to continue its operations.
German Economy Minister Rainer Brüderle said Friday that a switch from nuclear power to alternative forms of energy could cost Europe's top economy up to €2 billion ($2.9 billion) per year.
Swedes across the country are enjoying the first signs of springtime warmth and the weekend’s forecast promises more of the same.
Many of the companies approved to bring foreign workers to Sweden every year have little or no turnover or go bankrupt shortly after the labour migrants arrive, according to a new report.
A narrow majority of Germans back sending troops to Libya as part of an EU humanitarian mission, but reject accepting refugees from the North African country, according to a poll released on Friday.
A Swedish woman accused of trumping up rape accusations while on holiday in Greece exemplifies a persistant view in the Mediterranean country that Swedish women bring false rape complaints to get payouts from special 'rape insurance'.
Ten years after the murder of a nine-year-old child in Germany, police said Friday a man had confessed to killing him and two other boys and was suspected of further murders in France and the Netherlands.
The speaker of Sweden's parliament has said he has no plans to place limits on the extent to which MPs use Twitter from within the halls of the Riksdag, despite a number of complaints about the practice.
The Church of Scientology has been using social networks such as Facebook and SchülerVZ to gain young German followers, prompting intelligence officials to ramp up surveillance on the controversial group, a media report said this week.
Metro International, the Swedish publisher of free newspapers, said Friday it diminished its first quarter losses compared to the same period last year, but warned 2011 would see higher paper prices.
Swiss food giant Nestle said Friday its first quarter sales fell 9.3 percent, hit by the strong Swiss franc and costs arising from its sale of eyecare group Alcon.
A new Swiss education campaign has been launched with the aim of reducing accidents in ball sports by 10 percent by 2014.
Almost three years after the global financial crisis, Germany’s Deutsche Bank has been slammed in a US Senate report for allegedly recklessly pushing worthless mortgage-backed securities to investors.
A new website for Swiss children and teenagers with alcoholic parents was launched in Bern this week in a novel attempt to deal with the problem.
The Dalai Lama arrived in Sweden late on Thursday night, after his flight from Ireland suffered a lengthy delay.
Frédéric Prinz von Anhalt, flamboyant German-born LA socialite and ninth husband to actress Zsa Zsa Gabor announced Friday that the elderly couple is planning to have a child with a surrogate mother.
A recent survey shows that 22 percent of Swedes would be willing to part with one of their kidneys for in exchange for a hefty sum of money.
An international band of human traffickers has been caught smuggling children to Germany from Haiti and beyond, then selling them to paedophiles, officials said Friday. The group allegedly posed as an aid organisation, luring the children with promises of a better life.
While the National Museum's new "Lust & Vice" exhibition has titillated the viewing public, it has incurred the scorn of an art world used to seeing sex exploited for financial gain, Peter Vinthagen Simpson writes.
Färjestad BK were crowned champions of Sweden's top professional ice hockey league for the ninth time on Thursday night following a convincing 4-1 victory over Skellefteå.
Recent figures show that it will take more than three decades until parents in Sweden share their parental leave benefits equally.
German Interior Minister Hans-Peter Friedrich wants to significantly increase security officials’ power to fight terrorism, a move the Justice Ministry opposes, a media report said Friday.
A Hamburg-based company is producing giant kites to help power sea vessels and save fuel, hoping to harness not just the wind but a new will for energy efficiency.
After several days of chilly April showers, the Germany's weather is set to improve with increasing temperatures and widespread sunshine, the German Weather Service (DWD) reported.
On Thursday the National Debt Office (NDO) took a small step towards Saabs recovery by opening up for the cash-strapped carmaker to receive loans from other sources than the European Investment Bank (EIB).