Skip to main content
Archived edition · November 12, 2026 Today's news →

What's happening in Europe?

Flag of Sweden

Sweden

News summary for

Go to today →

Blizzard 🌨️

Authorities issue red warning for 80 centimeters of snow

Forecasters have issued a red warning for the north, where up to 80 centimeters of snow is expected to fall. Officials have advised residents to stay indoors and keep off the roads; the weather has a way of making travel advice mandatory.

The Finance Minister, Elisabeth Svantesson, has finalized a transitional budget for 2027 that she claims leaves the economy well-prepared for her successor. The Royal House and the military are the primary beneficiaries of the new spending; the public will instead receive higher gasoline prices and the removal of several financial reliefs.

Four financiers have donated 300 million SEK to Handels. The funds can be earmarked for specific purposes, a level of private influence that has prompted questions about who will ultimately wield power.

Top stories

Transitional Budget for 2027 Finalized

Finance Minister Elisabeth Svantesson has presented the finalized transitional budget for 2027, which outlines increased spending for the Royal House and defense, while removing some financial reliefs for citizens and anticipating higher gasoline prices.

Large Donation to Handels Raises Questions of Influence

Four financiers have donated 300 million SEK to Handels, a business school, with the possibility for donors to earmark the funds. This substantial contribution has sparked discussions regarding who will exert influence over the institution.

News sources