Stockholm News
News
A major breakthrough in sustainable transport was announced as the city launched Scandinavia's first autonomous electric ferry service connecting Gamla Stan to Djurgården. Meanwhile, environmental activists continue their week-long occupation of Kungsträdgården, demanding faster climate action from the government.
Business News
Stockholm's tech sector sees record investments, with Klarna securing an additional €500 million in funding, solidifying its position as Europe's most valuable fintech company. The city's commercial real estate market shows signs of cooling, with office vacancy rates rising to 8.5% - the highest since 2019. H&M Group announces plans to open three new circular economy concept stores in the greater Stockholm area this fall.
Economic News
The Riksbank maintains its key interest rate at 3.75%, signaling potential cuts in Q3 as inflation drops to 3.2% - the lowest level since 2021. The Swedish krona strengthens to 10.45 SEK/EUR following positive export data. Economists warn that ongoing global trade tensions could impact Sweden's export-dependent economy in coming months.
Political News
Prime Minister Ulf Kristersson faces mounting pressure over proposed healthcare reforms, with opposition parties threatening a vote of no confidence. Stockholm City Council approves controversial plans to pedestrianize large sections of Sveavägen, sparking debate among local businesses and residents.
Election News
With municipal elections approaching in September, recent polls show the Green Party gaining ground in Stockholm, potentially upsetting the current center-right coalition. The Election Authority begins testing new digital voting systems in select districts, aiming to increase youth participation.
Employment News
Stockholm's unemployment rate holds steady at 5.1%, with particularly strong demand for AI specialists and green construction workers. The hospitality sector reports severe staffing shortages ahead of peak tourist season, prompting calls for expanded work visa programs.
Business News
The OMXS30 index gains 1.8% led by strong performances from Ericsson and Hexagon. Investor confidence grows following positive earnings reports from major Swedish exporters. Analysts note increased activity in green energy stocks as Sweden accelerates its transition to renewable power.
Forecast
Stockholm enjoys an early summer heatwave with temperatures reaching 26°C (79°F) and overnight lows of 15°C (59°F). Mostly sunny with light winds, though isolated thunderstorms are possible on June 20th. Perfect conditions for midsummer celebrations.
Entertainment News
ABBA announces surprise performances during Midsummer celebrations at Skansen. Netflix begins filming its Nordic noir series "Midnight Sun" in Stockholm's archipelago, creating hundreds of local jobs. The city's club scene prepares for the annual Stockholm Music Festival.
Upcoming Events in Stockholm (June 28-30, 2025)
-
June 28-20 - Nordic Food Festival (Kungsträdgården)
-
June 29 - Sweden vs. France (Euro 2026 Qualifier at Friends Arena)
-
June 21 - Midsummer Celebrations (Skansen and citywide)
-
June 22 - Stockholm Marathon (40,000 participants expected)
-
June 23 - Ballet premiere of "A Midsummer Night's Dream" (Royal Opera)
-
June 24 - Pride Week Kickoff (Sergels Torg)
-
June 25-27 - Stockholm Jazz Festival (multiple venues)
-
June 26 - Open-air cinema season begins (Rålambshovsparken)
-
June 28 - Archipelago Boat Race (starting at Nybrokajen)
-
June 30 - Nobel Prize Museum special exhibition opening
town Update
AIK Fotboll climbs to second place in Allsvenskan after a dramatic 3-2 victory over Malmö FF. Stockholm prepares to host the 2026 Winter Youth Olympics, with construction on new facilities 80% complete.
Cultural Highlights
The Moderna Museet unveils its highly anticipated Yayoi Kusama retrospective. Stockholm's historic Stortorget square begins its summer-long program of free classical concerts every Thursday evening.
Transport Notice
Major disruptions expected on the green metro line June 22-24 due to signal upgrades. Commuters advised to use alternative routes or work remotely if possible. The new Spårväg City tram extension to Hammarby opens June 25th.
Health Advisory
Public Health Agency reports increased cases of summer flu, urging vulnerable populations to take precautions. All city-run vaccination centers now offering free tick-borne encephalitis shots ahead of peak season.
|