Storm Amy Bears Down on Sweden as Property Prices Surge and Industry Backs EU Work Permit Reforms
Sweden braces for Storm Amy, a powerful system set to bring intense winds and heavy rain this weekend. Meanwhile, the property market sees a rise in prices, and industry backs new EU work permit rules.
Storm Amy, born from the remnants of Hurricanes Humberto and Imelda, is expected to hit Sweden with winds up to 20 metres per second and heavy rain. Southern and central regions are likely to be hardest hit, with SMHI predicting warnings for mountain areas due to heavy snow.
In property news, the SBAB and Booli housing index reports a 0.3 percent rise in residential property prices in September. Robert Boije, chief economist at SBAB, described this as a 'more positive development than normal'. Breaking it down, apartment prices rose by 0.7 percent, while detached houses increased by 0.1 percent.
The Swedish Confederation of Industry supports new EU rules to simplify work permits for foreign workers. Jobbatical, an organization advocating for these changes, emphasizes easing employer transfers with transferable permits and highlights compliance challenges for multinational companies under current EU immigration regulations.
Tragically, a 60-year-old man died following a brawl near Stenkula school in Malmó on Wednesday evening.
Storm Amy's impact on Sweden is expected over the weekend, with severe weather warnings likely. In the property market, prices continue to rise, and industry backs EU work permit simplifications. A fatal incident in Malmó serves as a reminder of the serious consequences of violence.
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