Riksbank attacks government's amortisation proposals
Central bank says it is ‘opposed’ to key proposals from the Ministry of Finance
Sveriges Riksbank said it "opposed" several key provisions of mortgage amortisation proposals by the Swedish government, despite welcoming some of the Ministry of Finance's memorandum in a statement today (October 29).
The proposals were "a step in the right direction", the central bank said, but "not enough to manage the risks associated with high household indebtedness". The Riksbank added it saw "significant risks posed by the increased debt of households" and that "rapid implementation of
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