Sweden

Sveriges Riksbank Inflation Report, No.4, 2002

RESEARCH - Sweden's central bank has published its Inflation Report for the Fourth Quarter 2002. In the report the Riksbank said inflation has fallen back since the spring, which supports their earlier assessment, and that inflation expectations are also…

Sweden reduces interest rates again

Sweden's central bank cut its key repo rate on Thursday for the second time in three weeks, saying it expected inflation to fall below its two percent inflation target as industrial activity deteriorated.

Interview with Swedish PM on the euro referendum

INTERVIEW - Following the recent announcement that Sweden will hold a referendum on euro entry next year, Prime Minister Goran Persson spoke to Swedish radio on the topic. In the interview he said the exact wording of the question would be decided later…

Sweden names date for euro referendum

Sweden will hold a referendum on whether to adopt the single European currency, the euro, on 14 September 2003, Swedish Prime Minister Goran Persson said Friday following a meeting of political party leaders.

Cutting kronas in Sweden

ARTICLE - As we reported earlier in the week Swedish prime minister Goran Persson is set to name the date for the euro referendum next week. The proposed referendum on Sweden's entry to the euro looks like taking place in Autumn 2003. However on current…

Heikensten on the krona, Sweden and EMU

SPEECH - In the speech 'The krona, Sweden and EMU' Lars Heikensten of the Sveriges Riksbank said the most likely time for a referendum to Sweden's entry to the euro would be Autumn 2003. If Sweden was to enter ERM2 Heikensten said, the decision on the…

Sweden to set course for decision on euro entry

Sweden looks set to name a date for a referendum on entry to the euro. Swedish central bank deputy governor Lars Heikensten recently said in a speech that the most likely date for a referendum would be Autumn 2003. In an interview Swedish PM Goran…

Sveriges Riksbank press release

PRESS RELEASE - Governor Urban Backstrom participated on Tuesday in a seminar. The theme was "A decade since the krona fell" and Mr Backstrom presented conclusions that can be drawn from the change of stabilisation policy regime that the krona's fall…

Swedes to hold euro referendum

SWEDEN - Sweden gets the go ahead for a euro referendum from the government but as we reported last week deputy governor of the Swedish Central Bank, Eva Srejber, thinks 2006 is a realistic timetable for Sweden to enter EMU. Swedish trade unionists…

Swedish central bank cuts rates

SWEDEN - The Riksbank, the Swedish central bank, cut its key repo rate by 25 basis points to 4 per cent on Friday, warning there were clear signs of a weakening in industrial activity and exports.

Sveriges Riksbank Press Release

PRESS RELEASE - Deputy Governor Kristina Persson today, 11 November, held a speech at a meeting in Habo, Jonkoping county, organised by Foreningssparbanken, the Federation of Private Enterprises and the Swedish Shareholders' Association on the theme of …

Minutes from the Sveriges Riksbank Board meeting

MINUTES - Minutes of the Sveriges Riksbank Executive Board meeting on 16 October, published 30 October. Although the Executive Board voted to maintain the repo rate at 4.25 per cent the minutes reveal Deputy Governor Kristina Persson entered a…

Swedes could reject euro, says union body

SWEDEN - The head of Sweden's powerful blue collar labour organisation has warned that Swedes could reject membership of the euro unless the government takes special measures to protect the country's cherished welfare model.

Backstrom on the monetary policy situation

SPEECH - In the speech 'The monetary policy situation' made on 17 October, Urban Backstrom of the Sveriges Riksbank said activity in the Swedish economy has remained buoyant despite the situation in the rest of the world but recent statistics have…

Sveriges Riksbank Inflation Report 3rd Q 2002

REPORT - Sweden's central bank has published its Inflation Report for the third quarter of 2002. Since the time of the June Report inflation has come down somewhat more than was expected. In August the 12-month changes in the CPI and UND1X were 2.0 and 2…

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