Niclas Rolander

Sweden's government outlined a spending package totaling 17.3 billion kronor ($1.6 billion) as it seeks to support health care, the justice system and employment in a recession-stricken economy.

"We will provide support to the areas that are most in need and where the consequences of inflation have been the greatest," said Finance Minister Elisabeth Svantesson.

(Bloomberg) -- Sweden's worst slump in home construction in more than three decades is over for now, a gauge of housing starts in the largest Nordic nation suggests.

Sweden's largest bank expects the Riksbank to take a more cautious approach to monetary policy easing following the recent weakening of the krona.

Sweden’s largest bank expects the Riksbank to take a more cautious approach to monetary policy easing following the recent weakening of the krona.

Sweden's larger-than-expected inflation-rate drop is “good news,” and paves the way for strengthening the purchasing power at households, according to Riksbank Governor

The Nordic nation is upgrading its civil defenses, and energy infrastructure is a priority.

The Nordic nation is upgrading its civil defenses, and energy infrastructure is a priority.

With its capital close to St. Petersburg, the Nordic region remains on edge.

Sweden’s military spending is set to rise to 2.6% relative to the size of its economy by 2030, with the newest NATO member planning to surpass the alliance’s common goal.