Household debt is ‘serious threat’ to Swedish economy - Riksbank
Banking system is also vulnerable, central bank says
Swedish households have “high and rising indebtedness” that form “a serious threat to financial and macroeconomic stability”, Sveriges Riksbank says in its latest financial stability review.
The Swedish central bank calls for reforms to the country’s tax and housing systems that would “reduce the willingness or ability of households to take on debt”. Similar calls have been made regularly by senior Riksbank figures in recent years.
Sweden’s financial services authority should impose a leverage
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