News

First step opening plan as of April 28
On April 28, the following corona measures will be released or adjusted. All other   .
  • End of curfew The curfew will expire on April 28 at 4:30 am.
  • Home visit to 2 people The advice for home visit is changing. The new advice is: receive a maximum of 2 people per day. And visit a maximum of once a day. Also limit the number of different contacts in a week. Always wash your hands upon entering and keep within 1.5 meters.
  • Terraces open Terraces outside can be opened from 12:00 to 18:00 under certain conditions. The maximum number of guests on a terrace is 50. There are fixed seats and self-service is not allowed. A maximum of 2 people are seated 1.5 meters away at a table. Unless it concerns people from the same household and children up to and including 12 years old, more people are allowed at a table, less than 1.5 meters away. Visitors can pay indoors, go to the toilet or use the cloakroom. A mouth mask is required inside. View all the  .In the following steps of the opening plan, the conditions for the catering industry will be broadened.
  • Shops and markets open  . Conditions do apply, such as a maximum number of visitors in a store. It's still important to avoid crowds. Therefore, go to a store at a quiet time, such as early in the morning. And go alone as much as possible. Non-essential stores, such as clothing stores, are open from 6am to 8pm. Essential stores, such as supermarkets, are allowed to reopen at their usual times. Wearing a mouth mask in shops remains mandatory.Products other than foodstuffs may also be sold on commodity markets. Such as clothing and cosmetics.
  • Higher education 1 day a week  students at universities and high schools can  . This is only possible under conditions, such as keeping a distance of 1.5 meters. Self-tests will be available for students and staff from May.
  • Theory exam possible Theory exams for a driver's license, navigation or flying license are possible again.
  • Funerals The maximum number of people at a funeral service will be increased to 100.
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Innovative projects given additional €1.35 billion boost due to funding from National Growth Fund
  According to the independent advisory committee that reviewed the proposals, these projects will contribute to economic growth and strengthen research and innovation ecosystems and the Netherlands' high international ranking in knowledge and competitiveness. The recommendation issued by the advisory committee on the grant applications submitted in the first round of the National Growth Fund's submission review procedure was adopted by the Council of Ministers today. In addition to proposals designed to make the Netherlands more innovative, the committee reviewed proposals designed to boost the Dutch transport infrastructure (Ministry of Infrastructure and the Environment) and knowledge development (Ministry of Education, Culture and Science). A total of 15 proposals were reviewed.
According to State Secretary for Economic Affairs Mona Keijzer: “Innovation aimed at digitisation, sustainability and health featured prominently at the start of the National Growth Fund application review procedure. This is good for all Dutch people. After all, research and development are the key to sustainable growth and therefore to the jobs and income we will have in the future.” The State Secretary went on to say: “The great amounts of public funding awarded to these five innovative projects will help significantly in keeping our country prosperous. The government must assume a more active role in allowing research, innovation and technology to develop further, in allowing start-ups to grow and in attracting talent, so as to keep the Netherlands innovative, thus strengthening our position in the broader international context. I think the collaborating companies, knowledge institutions and government agencies involved in these projects will have great opportunities to earn serious money while resolving these challenges.”
Source and to read more: https://bit.ly/3aDVlyZ  
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Government allocates €646 million to projects designed to boost economic growth
The government is injecting €646 million into and setting aside €3.5 billion for ten projects designed to ensure greater economic growth in the Netherlands. The government intends to invest these sums, which will be allocated from the National Growth Fund, in green hydrogen, innovative and future-proof education methods and the extension of Amsterdam's North-South metro line, among other things. In awarding grants to these projects, the government is adopting the recommendation issued by the proposal assessment advisory committee led by Jeroen Dijsselbloem in full. The news was announced by the Ministers Van 't Wout (Economic Affairs and Climate Policy) and Hoekstra (Finance).
 
The advisory committee advised the government to allocate €646 million from the National Growth Fund at once (although some of the allocations are subject to conditions). Furthermore, it advised that €3.5 billion be earmarked for proposals whose funding is contingent on the applicants supplying more detailed information. The National Growth Fund is intended for one-off public investment that contributes to the country's future economic growth. The projects that will be granted funding will all result in increased productivity and create new business, the committee found, partly based on analyses performed by the Netherlands Bureau for Economic Policy Analysis and other experts

Second round of National Growth Fund grant application submissions

In the next five years, the government will earmark a total of €20 billion for investments in knowledge development, transport infrastructure and research, development and innovation. In this first round of grant application submissions, the Ministries of Education, Culture and Science, Economic Affairs and Climate Policy and Infrastructure and Water Management collected projects that wanted to be considered for financing from the Growth Fund. A second round of grant application submissions will start in early May. The government will decide on the project proposals submitted in Round 2 in early 2022, after reviewing the proposals for the degree to which they meet the submission criteria, and after the proposal assessment advisory committee has issued its recommendation.   “We are currently seeking to help as many entrepreneurs as possible survive the coronavirus pandemic. However, we must also invest heavily in long-term economic growth. An increasingly large share of our wealth is spent on public services, such as healthcare and pensions, but households would like to keep some disposable income, as well. We will need greater economic growth to be able to afford this.” Bas van 't Wout, Minister of Economic Affairs and Climate Policy:   Source and to read more: https://bit.ly/3xsjy5g  
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Upswing for resilient Swedish economy in 2021
Press Release from Swedish Ministry of Finance Published 

Resilience in the Swedish economy is strong and the recovery will gather strength in the second half of 2021. As activity increases, the labour market will also gain strength. Despite this, the situation remains serious, especially for those whose position in the labour market is weak. This is clear from the Ministry of Finance’s most recent forecast, presented today by Minister for Finance Magdalena Andersson.

“Sweden’s economy is strong compared to many other countries, but even in Sweden, the labour market situation is difficult. The Government’s crisis measures have saved many jobs, but I have also made it clear that no country can save every job when a crisis strikes. We can now use the strength in the Swedish economy to implement a powerful green economic restart and ensure that everyone can be involved and – through their work – help Sweden move out of this crisis,” says Minister for Finance Magdalena Andersson.

Strong industrial sector, but economy remains divided

The pandemic continues to affect large parts of the world economy. The end of 2020 saw a new increase in the rate of infection. There was a clear slow down in economic growth after it had grown quickly in the beginning of the autumn. Even in Sweden, a rapid recovery during the third quarter was followed by a downturn in the final months of the year. But the decrease in demand at the end of 2020 was not as significant as in the beginning of 2020, partly because global industrial production was not as greatly affected. Industry returned to previous levels of activity during the second half of 2020, while several service sectors remain severely affected.

Extensive economic policy incentives contributing to the recovery

Growth is expected to remain weak during the beginning of 2021 as a result of a continued high rate of infection. Growth is expected to rapidly increase again during the second half of the year when the infection rate drops and restrictions can gradually be lifted. Sweden’s GDP is expected to increase by 3.2 per cent in 2021 and by 3.8 per cent in 2022. Sweden’s economy is expected to remain in recession during this period. Labour market recovery is expected to resume in the second half of the year. Initially, many businesses are expected to step up production by increasing current employee’s working hours when short-term lay-offs are phased out. As a result of this, employment is expected to show weak growth in 2021 and then pick up pace in 2022. Unemployment is therefore expected to decrease significantly in 2022 and amount to 7.9 per cent.

Temporary downturn in public finances

A responsible fiscal policy contributed to good public finances before the pandemic. Sweden therefore is well equipped to manage the recession resulting from the pandemic. Public finances were substantially weakened in 2020 and are expected to be further weakened in 2021. This trend is a consequence of the economic downturn and the fiscal policy measures the Government has proposed to counter the effects of the pandemic. From 2022, public finances will be strengthened as the economy recovers. The Maastricht debt was approximately 35 per cent of GDP in 2019 and increased to approximately 40 per cent of GDP in 2020. Calculated in kronor, it is expected to grow in 2021, primarily due to the further fiscal policy measures that are taken. Debt is expected to remain unchanged as a percentage of GDP, which is due to an increase in growth and that the Riksbank is repaying part of the currency reserve. Gross debt will decrease rapidly as a percentage of GDP as of 2022, partly because temporary fiscal policy measures will be phased out. The overall assessment is that public finances are in good shape and that the trend is in line with the fiscal policy framework.  
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Vattenfall’s CEO Anna Borg to attend White House Leaders summit on Climate
Vattenfall's President and CEO, Anna Borg, has been invited by U.S. President Biden to speak at the White House Leaders Summit on Climate.
Anna will discuss how Vattenfall is powering innovation to combat climate change. This is the core of our business strategy to enable fossil-fuel free living within one generation.  On Friday 23 April, Anna will participate in the session “The innovation agenda to build tomorrow’s clean industries”. She will explain how Vattenfall, together with partners and customers across Europe, is working to phase out fossil fuels. In particular she will highlight how electrification will change industrial sectors, such as through the world's first fossil free steel project, 'HYBRIT', which is a partnership between SSAB, LKAB and Vattenfall. Date and Time: Friday April 23rd CET 15:00-16:00.  

   
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Swedish Chamber and YP Mentorship Program 2020-2021

We are looking forward to welcoming Niels Thijssen, AIMS International Team Member, as inspirational speaker at the Swedish Chamber of Commerce and Young Professional Mentorship Program on April 22, 2021. For the last 5 years is in charge of the Belgian Women National Field hockey Team. The blend of working in business and elite sport gives great cross-cultural insights when it comes to personal leadership development, team dynamics, working under internal and external pressure and positioning as an individual, team or company. At our Meetup on April 22 Niels will present what personal development/growth can be, using the elite sport as an analogy.

 

This webinar is a part of the Swedish Chamber of Commerce and Young Professionals Mentorship Program 2020-2021 and open for Mentors and Mentees of this program only. Next Mentorship Program will start fall 2021. Welcome to send an email to for more information about next years Mentorship Program.

  For more information about the Swedish Chamber of Commerce and Young Professionals Mentorship Program welcome to visit our Event Series page:

The Swedish Chamber of Commerce and Young Professionals Mentorship Program 2020-2021 is supported by      
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Welcome new Personal Member

The Swedish Chamber of Commerce is very pleased to give a warm welcome to our new Personal Member, Charlotta Feith!

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Annika Markovic as new ambassador to Austria
On April 8, the government appointed Annika Markovic as ambassador to Austria. Today, Annika Markovic is an ambassador in The Hague. She was previously head of the Swedish delegation to the OECD and Unesco in Paris. She has also been ambassador to Brasilia and Manila, and served as an environmental ambassador at the Ministry of the Environment. Annika Markovic will take up her new position in the autumn of 2021, and the government has appointed Johannes Oljelund as her successor. He is currently Foreign Minister for International Development Cooperation at the Ministry for Foreign Affairs. Johannes Oljelund has i.a. previously worked as a coordinator with Prime Minister Isabella Lövin and Deputy Head of the Ministry of Foreign Affairs' Office. He has also served i.a. at the embassies in Tallinn and Pretoria. Johannes Oljelund will take up his new position in the autumn of 2021.   Sources: https://www.regeringen.se/pressmeddelanden/2021/04/ny-ambassador-i-osterrike/ https://www.regeringen.se/pressmeddelanden/2021/03/ny-ambassador-i-nederlanderna/
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