Hi @Mihkel Kiil and welcome to the QnA forum,
You can read full information about this issue in the following post:
https://ariely.info/Blog/tabid/83/EntryId/310/Getting-error-when-creating-new-service-in-the-Azure-exceeding-quota-limits.aspx
In short as I understand it,
The Azure subscription which come with MSDN subscription is not for production but for development. As such it has some build-in limitations and when is needed (lake of resources) then it might have some temporarily limitations as well - free subscriptions are in lower priority. The quota limitation of creating a VM can be related for example to a combination of (1) Service requested - including the template which you select, the size and the amount of services which you already use, (2) Type of subscription, (3) Regions.
With that said, I tested and using my MSDN subscription I succeed to create the following VM in Sweden Central region
You can open a request to get quota as explained in the post I mentioned above.
Note! As much as I know, Azure MSDN subscription is eligible for request for quota increases ( Trial subscriptions aren't eligible). It does not mean that you will get it but that you can ask for it.
Is there any chance of accessing the Sweden Central region with an MSDN subscription?
Yes. If this is a temporarily limitation then you might succeed in a few days. Check your subscription quota as well. If you have multiple VM then you might need to remove one.
Or simply select a different region as you mentioned in the original post.
Note! If you want us to check in more details then please elaborate exactly which template you tried to create and confirm if you can create VM in other template using small size