Contents tagged with Sweden

  • Sweden urges Ukraine to accelerate reforms

    Foreign Minister of Sweden Margot Wallström used her microblog in Twitter to urge Ukraine to speed up the reform process. “Five years ago, today, the Maidan protests started in Kyiv. Further accelerated reforms would be the best way to honor those who died in pursuit of a better Ukraine. Sweden will continue to defend Ukraine’s territorial integrity and actively support further reforms,” wrote Wallström.

    The World Bank and the International Monetary Fund are looking forward to the Verkhovna …

  • Ukraine may receive $8 billion after IMF program is unblocked

    A new program from the IMF will facilitate Ukraine’s access to funding worth $8 billion, which will help maintain a fairly stable hryvnia exchange rate next year, stated by Anders Aslund, an analyst at an American center, the Atlantic Council in an interview with the Ukrainian service of the Voice of America.

    “Most likely, Ukraine will now receive $2 billion from the IMF, as well as $ 2 billion from the EU and the World Bank. The Ukrainian government can sell Eurobonds for additional $2 …

  • Sweden accuses Russian Defense Minister of lying

    Swedish Defense Minister Peter Hultqvist accused his Russian counterpart Sergey Shoygu of spreading false information about Sweden's cooperation with NATO.

    The Swedish Defense Minister commented on the words of Sergey Shoygu, who, while speaking at the board meeting of the Russia Defense Ministry on July 24, expressed Moscow’s concerns about integration of Finland and Sweden into NATO structures.

    “What the Russian defense minister describes is a lie. NATO does not have unlimited access to …

  • Media: Sweden studies possible scenarios of Russian invasion

    Following Russia’s annexation of Crimea in 2014, Sweden has paid greater attention to its own territorial defense, the newspaper L’Express reports. Recently Sweden deployed a new regiment on its Gotland island, for the first time since the end of World War II. Swedish King Carl XVI Gustaf and Prime Minister Stefan Löfven were present at the ceremony in honor of this historic event.

    According to L’Express, Swedish analysts anticipate possible crises and even a war in northern Europe. After the …

  • Sweden allows government officials to attend the 2018 FIFA World Cup in Russia after the national team made the playoffs

    The Government of Sweden expressed its refusal to boycott the football World Cup held in Russia after the success of its national football team, reports the Swedish newspaper Aftonbladet.

    "After the national team made the playoff of the tournament from first place in a group, the Swedish Cabinet of Ministers considered it important to support their soccer players. The cabinet members will be present at team games at the FIFA World Cup,” stated the Minister for Foreign Affairs of Sweden Margot …

  • Swedish appeals court upholds suspension of Stockholm arbitration ruling on Gazprom vs Naftogaz case

    The Swedish Svea Court of Appeal upheld its decision to suspend the February 28 ruling, which was made by the Stockholm arbitration court, concerning the gas transit contract dispute between Gazprom and Naftogaz.

    “Naftogaz tried to appeal this court order, but the court ruled that its arguments were insufficient,” Gazprom reported through its press service. “This circumstance strengthens Gazprom’s position for appealing attempts by Naftogaz to enforce the aforementioned arbitration ruling in …

  • Swedish appeals court suspends arbitration award to be paid by Gazprom to Ukraine's Naftogaz

    The Swedish appeals court granted the request of the Russian company Gazprom to suspend the decision of the Stockholm arbitration court in the company’s dispute with the Ukrainian company Naftogaz. This was reported by Ukrainian-Interfax, citing a press release from Gazprom.

    “The Court of Appeal agreed that there are sufficient grounds for suspending the execution of the Stockholm arbitration award. The issuance of this order deprives Naftogaz of Ukraine of grounds to attempt to seize Gazprom’ …

  • Sweden explains why it consented to construction of Nord Stream 2 pipeline

    In an article published on the Ukrainian news site European Pravda, Swedish Ambassador to Ukraine Martin Hagstrom explained why his country authorized the construction of the Nord Stream 2 gas pipeline in its exclusive economic zone.

    The diplomat explained that, according to the project specifications, the gas pipeline would be laid outside of Sweden’s territorial waters, i.e. in international waters. In this regard, the government of the Scandinavian monarchy had to comply with the UN …

  • Sweden approves the construction of Nord Stream 2 pipleline

    The Swedish government approved the construction of the Nord Stream 2 gas pipeline in its waters, the Minister of Entrepreneurship and Innovation of Sweden, Mikael Damberg stated at a special briefing, Interfax-Ukraine reports.

    Earlier, Germany and Finland issued all the necessary permits for the construction and operation of the pipeline. Other countries along the pipeline route—Russia, Sweden and Denmark—were also expected to issue permits.

    The Nord Stream 2 gas pipeline will run through …

  • Sweden’s Home Guard conducting largest exercises since 1975

    Sweden is conducting its largest nationwide military exercises since 1975, in which 40 battalions and 22,000 reservists are taking part, The Local news outlet reported.

    "The idea of these exercises is that we are now strengthening our military defense and increasing our operational capabilities," Swedish Supreme Commander Micael Bydén said.

    According to the Ministry of Defense of Sweden, all 40 battalions of the Home Guard were mobilized for training, which means that the Swedes will see how …