Swedish Banks Lower Mortgage Rates

[ad_1] A large share of Swedish home owners, pressured by high borrowing costs, are set for relief as banks are cutting rates on mortgages following the Riksbank’s latest decision to…

Sweden’s Recession Seen Lasting Longer With Households Pressured

[ad_1] Sweden’s economy is facing two years of recession — more than previously thought — as rising costs force consumers to continue paring back spending into next year, according to…

Sweden Bets It Can Isolate Real Estate Risks to Troubled SBB

[ad_1] Sweden’s real estate crisis is raising echoes of a crash in the 1990s that sparked a full-blown financial meltdown, but government and central bank officials are betting they can…

Swedish Bank Shares Fall as Opposition Party Pushes Windfall Tax

[ad_1] Sweden’s main opposition party is proposing a windfall tax on the “excess earnings” made by the country’s lenders, adding to investor concern that European banks could face stiffer taxes…