Swedish authorities pin down structural factors driving growth in household debt
Sveriges Riksbank continues to urge action
A group of Swedish financial authorities today (July 3) highlighted a host of structural factors driving the increase in household debt in the country, which continues to give the central bank a headache.
Three members of the Financial Stability Council – Sveriges Riksbank, the Financial Supervisory Authority (FSA) and the National Debt Office – published a joint report on the driving forces behind household debt, which has grown steadily over the past 15 years.
The Riksbank is particularly
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