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Sweden

Heikensten says slower wage growth needed

SWEDEN - Sweden's membership of European economic and monetary union will demand a higher government budget surplus and lower wage increases, Lars Heikensten, deputy governor of Sweden's central bank told Dagens Nyheter Sunday.

Speech by U Backstrom of Sveriges Riksbank, 7 Mar

SPEECH - Backstrom said in the speech titled 'Swedens economy and monetary policy' that "if inflation, even disregarding the temporary effects, is above the target initially, activity is entering an upward phase and economic policy's impact on the…

Riksbank's general council backs extra dividend

SWEDEN - The General Council of Sweden's Riksbank Friday presented a proposal to the Swedish parliament recommending that an additional SEK20 billion of the central bank's net income for 2001 be transferred to the Treasury.

Speech by Villy Bergstrom of the Sveriges Riksbank

SPEECH - In the speech given 11 February Bergstrom said capital market regulation and the idea of a levy on speculative foreign exchange transactions, a "Tobin tax", may gain favour among politicians after a decade of currency crises.

Speech by Eva Srejber of Sveriges Riksbank

SPEECH - In the speech titled 'Life outside Euroland' Srejber said that the latest reports pointed to a transition period of between two and three years from a referendum until EMU entry. However, she said, "this preparation time can be shortened…

Speech by Urban Backstrom of Sveriges Riksbank

SPEECH - In the speech Backstrom said "The picture of inflation continues to be a problem that cannot be disregarded...the Riksbank must keep a close eye on new inflation statistics, deepen the analysis in the event of deviations and weight this into the…

Speech by Urban Backstrom of Sveriges Riskbank

SPEECH - Urban Backstrom said in the speech 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 infrastructure that functions properly and follows any…

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