Sweden can send criminals to serve their sentences in prisons abroad, a government-appointed commission said on Wednesday, as the country struggles to handle an influx of new inmates arising from a wave of gang crime.

STOCKHOLM–Sweden’s central bank lowered its key interest rate on Wednesday, with policymakers signaling they might be finished with their monetary policy easing. The Riksbank cut its key interest rate by a quarter of a percentage point to 2.

The Swedish government said Wednesday that it was examining the possibility of sending some inmates to serve their sentences in prisons abroad, anticipating heavy pressure on its own prisons in the coming years.

Swedish telecoms group Tele2 plans to cut more than 600 jobs in 2025 as it seeks to reduce costs and boost profitability, the company said as it reported a rise in fourth-quarter earnings on Wednesday.

Sweden's SSAB posted fourth-quarter operating profit above analysts' estimates on Wednesday, helped by resilient demand for its high-strength steel and other premium products despite generally weak European and North America markets.

Swedish authorities have seized a ship over the “aggravated sabotage” of an undersea fibre-optic cable linking Latvia with a strategically important island in Sweden.

Stockholm Wood City is swapping polluting steel and concrete for a more climate-friendly construction material: timber.

Samuel Ersson has been named to Team Sweden's roster for the 4 Nations Face-Off. The Philadelphia Flyers goalie will replace Jacob Markstrom of the New Jersey Devils, who is expected to be out 4-6 weeks because of a sprained MCL in his knee sustained Jan. 22.

Philadelphia Flyers goaltender Samuel Ersson has been added to Sweden's roster for the upcoming 4 Nations Face-off as an injury replacement for New Jersey's Jacob Markstrom.

Swedish authorities boarded a vessel suspected of being involved in an earlier underwater sabotage of cables in the Baltic Sea on Monday.

Sweden's long, cold nights might put you off going there in winter, unless, that is, you are in search of that elusive 21st-Century luxury: a good night's sleep.