Bloomberg Sweden’s laxer response to Covid-19 gave its citizens more freedom than most as the pandemic raged. But as other European Union members start to emerge from the worst, Swedes risk being left behind. Sweden’s foreign minister, Ann Linde, responded to a decision by Cyprus to blacklist her countrymen over concerns they might represent an unacceptable contagion risk. “We don’t ...

Bloomberg KKR & Co. said it will put $1 billion into a new data center venture in Europe, as private equity firms chase returns in the growing market for digital infrastructure assets. The investment firm is teaming up with industry veteran Franek Sodzawiczny to launch Global Technical Realty, which will develop and build data centers for large technology companies in ...

Bloomberg The euro-area economy is facing a contraction this year in line with the European Central Bank’s (ECB) more pessimistic forecasts, according to Christine Lagarde. Output in the region is likely to shrink between 8% to 12%, the ECB president said in an online question-and-answer session targeted at European youth. Estimates for a mild scenario are “out of date.” “We’ll ...