Sweden’s forests have doubled in size over the last 100 years

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alex Gray, Senior Writer, Formative Content Sweden is a land of trees. More than 70% of its landscape is covered by forest and in less than 100 years, Sweden’s forest assets have doubled. Yet this is also a country […]

Why Sweden’s cashless society is no longer a utopia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Cecilia Skingsley, Deputy Governor, Central Bank of Sweden (Sveriges Riksbank) The Swedish retail payment market is rapidly moving away from using cash. The outstanding value of cash in circulation has dropped to 1% of Swedish GDP. This development […]

Sweden well ahead in digital transformation yet has more to do

This article is brought to you in association with OECD. Sweden’s efforts to embrace the shift to digital have been a key driver of economic growth in recent years, yet more needs to be done to get remote areas of the country online, bring digital technology to small firms, upgrade skills and meet security and privacy challenges, […]

EU budget: Will Germany alone manage Britain’s gap?

The EU budget will be the main topic of the EU summit which will be held in Brussels on Friday. The leaders of the 27 member states have to deal with the annual gap that UK will leave after Brexit occurs ensuring that the priorities set for the Union will be adequately funded. According to […]

Climate change update: will the UN member states regain momentum despite the little progress at COP23?

The 23rd conference of the United Nations Framework Convention on Climate Change (COP23) concluded last Saturday in Bonn but little progress was achieved and everyone is now awaiting next year’s negotiations in Poland where a rule book for the Paris agreement has to be finalised. All member states should reconsider their emission cuts upwards via […]

Migration crisis update: Greece could probably say goodbye to Schengen really soon

It was two days ago when the European Commission’s draft report revealed “serious deficiencies” of the Greek government to comply with its obligations under the Schengen’s Agreement rules regarding the control of the migrant influx. If these suggestions are voted by the majority of the EU member states, then Greece will be given a 90 […]

Schengen is losing ground fast revealing Europe’s clear inability to deal with migration crisis

It was last Monday when Sweden decided to impose ID-checks at its borders with Denmark. Of course, this action didn’t remain unanswered by Denmark which tightened controls at its southern border with Germany. This anti-Schengen spirit has been created by the influx of migrants and refugees coming to Europe daily in thousands and is meant to stop undocumented […]

A Sting Exclusive: “Without climate, forget about peace!”, Swedish MEP Bodil Valero cautions from Brussels

This article was exclusively written for the Sting by Mrs Bodil Valero, Member of the European Parliament for the Swedish Green Party For a long time, climate change has been seen as a “soft” issue, one that states and citizens can afford to care about when the rest of society’s problems aren’t as pressing. Portrayed as separate […]

Asking for more restriction on intra EU immigration: Unproductive and politically dangerous

For the average EU citizen, the right of free movement within the Union’s borders, is the most important and visible attainment in the sixty year history of the European Union. Very few Europeans are in a position to appreciate the advantages of the free movement of capital and goods, while everybody understands and benefits from […]

The Commission accused of tolerating corruption and fraud in taxation

The European Commission published yesterday a study on Value Added Tax (VAT) evasion and fraud in the 27 EU member states, estimating the lost state incomes from this source at €193 billion only in one year, 2011. This is the difference between the actuall and the potential receipts from VAT, that is the VAT GAP. […]

Auditors say EU spending delivers limited value for money but the timing of their report poses questions

The European Court of Auditors (ECA) in a report that was published yesterday reveals that the EU spends billions to help the rural economy restructure but with poor results, delivering “only limited value for money”. EU spending on agriculture be it production and producer subsidies or supporting structural investment plans has being traditionally criticised not […]

EU-US trade talks go ahead despite Prism and civil rights breach

Apart from the largely hypocritical cries by European politicians mainly in Brussels about civil rights breaches, the only concrete and immediate implications that the American PRISM scandal could have had on EU-US relations refers to the Free Trade and Investments Agreement that the two sides are about to negotiate. For one thing European citizens are […]

Is the European Banking Union an impossible task?

As the European Sting informed its readers last Saturday, the Banking Union divided deeply the entire European Union. For the first time the Ecofin Council, in a Press release issued after its meeting, made no reference at all to the most vehemently discussed item in its agenda that is the “Rules for Bank Recovery and […]

Inflation not a problem for Europe

The downward trend of Eurozone inflation was confirmed yesterday by Eurostat, the statistical service of the European Union. According to this source “Euro area annual inflation was 2.2% in December 2012, the same as in November. A year earlier the rate was 2.7%. The EU27 annual inflation was 2.3% in December 2012, down from 2.4% […]