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BBC NEWS | Business | Swedish car firms get bail-out
BBC NEWS | Business | Swedish car firms get bail-out
Sweden's troubled carmakers, Volvo and Saab, have been given a 28bn kronor (£2.3bn, $3.5bn) government bail-out to help them cope with falling demand. This comes after the US House of Representatives approved a $14bn (£9.4bn) rescue for US car firms. Volvo and Saab had been asking for Swedish ...
Sweden Gives Its Car Companies Money
firedoglake.com — Well, well, well. Guess that Volvo and Saab chose the right country to be based in: Sweden's... troubled carmakers, Volvo and Saab, have been given a 28bn kronor (£2.3bn, $3.5bn) government bail-out to help them cope with falling demand. This ... (more) Sweden Gives Its Car Companies Money
Sweden: Melting Pot or Crackpot?
brusselsjournal.com — National Swedish newspaper DN reports that rock throwing against buses has increased with more than 66% from... 2007 to 2008. Amazingly, this means that rock throwing is now increasing at an even faster rate than gang rapes of native girls . Curiously, ... (more) Sweden: Melting Pot or Crackpot?
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ThinkFast: December 12, 2008
Think Progress — ... The Swedish government is preparing a $3.5 billion bailout for Saab and Volvo. The plan consists of credit guarantees and rescue loans. “The government plan will now be presented to parliament for approval.” ...

The Swedish Bailout
Matthew Yglesias — ... From the department of “Nordic issues I don’t really understand,” it seems the government of Sweden next door is organizing a bailout of Swedish auto makers Volvo and Saab. Exept neither of those are really Swedish anymore. Instead, they’re both part of large American firms — Volvo’s part of Ford and Saab’s part of GM. So I don’t really understand how Sweden is supposed to ensure that the money their government spends actually goes to help Swedish people and Swedish operations. Presumably there’s an answer, but the coverage ...

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