Jun
04
Swedish Watchdog Says Debt-Cutting Plan Likely to Proceed
By
Martin Noreus, acting head of the Swedish Financial Supervisory Authority. Source: Finansinspektionen via Bloomberg
Sweden’s financial regulator said it probably has enough political backing to proceed with a plan that would force households to reduce their mortgage debt.
“We are quite hopeful as there’s been support for a requirement from both government and opposition,” Martin Noreus, acting head of the Swedish Financial Supervisory Authority, said in a June 1 interview in Stockholm…
Swedish Watchdog Says Debt-Cutting Plan Likely to Proceed
