Sweden

New appointments at the Riksbank

PRESS RELEASE - At its meeting on 3 October, the Executive Board of the Riksbank decided to appoint the Head of the Monetary Policy Department Claes Berg advisor to the future Governor Lars Heikensten with effect from 1 January 2003.

Speech by Lars Nyberg of Sveriges Riksbank, 16 Sep

SPEECH - In the speech titled 'IT in the financial sector' Nyberg said it was the case that IT, while increasing both the efficiency and security of the financial system in general and the payment system in particular, also increases operational risks.

Speech by U Backstrom of Sveriges Riksbank, 5 Sep

SPEECH - In the speech titled 'In the wake of financial turmoil' Backstrom said that the events to do with WorldCom and Enron are a part of a broader context and are directly connected with the recent years' stock-market bubble. But at a deeper level he…

Presentation of the IMF's Annual Report

PRESS RELEASE - The Riksbank hereby invites you to a press meeting today, at 10:00 a.m., with Graham Hacche, Deputy Director, External Relations Department, International Monetary Fund, IMF. Mr Hacche will present the IMF's Annual Report for 2001/2002,…

Minutes from the Sveriges Riksbank Board meeting

MINUTES - Minutes of the Sveriges Riksbank Executive Board meeting on 15 August, published 29 August. The Board noted that recent statistics suggest that the prospects for a recovery of economic activity in Sweden are still good. The Chairman found that…

Minutes from the Sveriges Riksbank Board meeting

MINUTES - Minutes of the Sveriges Riksbank Executive Board meeting on 4 July 2002, released 25 July. The Board noted that the June Inflation Report's main scenario, with a gradual recovery, still holds but there are now signs that activity may not…

Speech by Eva Srejber of Sveriges Riksbank, 9 July

SPEECH - In the speech titled 'Inflation targeting and bubbles' Srejber said "there are many indications that the real economy effects of the severe stock market fall will be limited". But cautioned that, "it is not possible to write off the risk of…

Speech by K Persson of Sveriges Riksbank, 1 July

SPEECH - Persson's speech titled 'On the verge of Eurosystem membership - challenges from a Swedish perspective' highlights how possible Swedish membership of Stage Three of EMU could affect the Swedish labour market and goes on to discuss the changes to…

Speech by K Persson of Sveriges Riksbank, 11 Jun

SPEECH - Persson said in a speech titled 'The economic situation in a monetary policy perspective' that Sweden's participation in the euro would have various advantages for the economy but acknowledged the disadvantage of a loss of self determination in…

Speech by U Backstrom of Sveriges Riksbank, 7 Jun

SPEECH - Backstrom said in a speech titled 'The importance of a well-functioning stock market' that in order to reduce the risk of financial market imbalances, it is important that we have a well thought-out legislative, regulatory and supervisory…

Lars Heikensten new Governor at Riksbank

PRESS RELEASE - The General Council of the Riksbank were today unanimous in their appointment of Lars Heikensten as new Governor of the Riksbank to succeed Urban Backstrom. Heikensten was appointed for a period of six years with effect from 1 January…

Speech by Eva Srejber, Dep Gov of Riksbank, 3 June

SPEECH - Second Deputy Governor of the Riksbank, Eva Srejber, gave a speech on the subject of 'Sweden and European integration' at the IBC Euroforum on 3 June. In this speech she discusses financial integration within the EU and how companies and…

Riksbank leaves repo rate unchanged at 4.25%

PRESS RELEASE - At its meeting on Wednesday, 5 June, the Executive Board of the Riksbank decided to leave the repo rate unchanged at 4.25 per cent. This decision, which will apply with effect from Wednesday, 12 June, is based on the picture of future…

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