Sweden
New deputy head of Riksbank's Fin Stability dep't
The Executive Board of the Riksbank decided at its Wednesday meeting (April 28)to appoint Anders Kragsterman deputy head of the Financial Stability Department. He will take up this post during the autumn.
Sweden holds rates steady at 2%
At its meeting on Wednesday 28 April the Executive Board of the Riksbank decided to leave the repo rate unchanged at 2 per cent. After a mild economic downturn the recovery in the Swedish economy has proceeded largely as expected, the Riksbank said.
Sweden's Heikensten on European banking
In a speech on 'The Integration of European Banking: Some Regulatory Challenges' given on 21 April, Lars Heikensten of the Sveriges Riksbank said in order to gain the full benefits of financial integration, we must build a regulatory framework which…
Sweden's Heikensten on financial developments
Sveriges Riksbank Governor Lars Heikensten on Tuesday 20 April spoke in Vastervik at a seminar. Besides touching upon future developments in inflation, Heikensten discussed some financial aspects.
Minutes from the Sveriges Riksbank Meeting, 31 Mar
Minutes of the Sveriges Riksbank Executive Board meeting on 31 March, published 20 April. The minutes said the Swedish economy would recover gradually and largely follow the developments estimated in the Riksbank's December Inflation Report. This meant…
Riksbank to guarantee capital cover to subsidiary
Decision on capital injection during the winding up of the Riksbank's wholly-owned subsidiary, Pengar i Sverige AB, 16 April. The Executive Board of the Riksbank decided at its meeting on 31 March 2004 to guarantee capital cover of up to SEK 75 million.
Sweden's Persson on globalisation
In a speech on 'Globalisation, structural changes and monetary policy' given on 14 April, Kristina Persson of the Sveriges Riksbank said experiences show that it is generally the countries that have accepted globalisation and been quick to adapt both…
Heikensten: Introduction on monetary policy
In a speech on 'Introduction on monetary policy' given on 1 April, Lars Heikensten of the Sveriges Riksbank said we can now see that the economic upswing is continuing to strengthen gradually. Industrial activity has made some progress; export demand is…
Sveriges Riksbank cuts repo rates to 2.0%
At its meeting on 31 March, the Executive Board of the Riksbank decided to lower the repo rate by 0.5 percentage points to 2.0 per cent. This decision was based on the picture of future inflation in the Riksbank's latest Inflation Report.
Sveriges Riksbank Inflation Report, No.1, 2004
Sweden's central bank, the Sveriges Riksbank, has published its First Inflation Report for 2004. The report said that there are increasingly clear signs that the Swedish economy is about to recover, after an unusually mild economic downturn. Inflation…
Riksbank Bergstrom: Scope for easier policy
Deputy Governor of the Sveriges Riksbank Villy Bergstrom said in a speech on Friday 26 March that the latest Swedish economic data show that there is "some scope" to ease monetary policy further.
Sweden's Heikensten on economic recovery
In a speech on 'Economic recovery with low inflationary pressure' given on 15 March, Lars Heikensten of the Sveriges Riksbank said there are a number of question marks as regards inflationary pressure and it is not known how long the recent rise in…
Riksbank's Persson on women, growth and welfare
In aspeech on 'Women, growth and welfare - an equation that must add up' given on 8 March, Kristina Persson of the Sveriges Riksbank said there is most probably some potential to increase productivity in the services sector but it is not sufficient just…
Minutes from the Sveriges Riksbank Meeting, 5 Feb
Minutes of the Sveriges Riksbank Executive Board meeting on 5 February, published 19 February. The minutes pointed to a continued strengthening in international economic activity. Deputy Governor Kristina Persson entered a reservation against the…
Heikensten-Risk management and financial stability
In a speech on 'Risk management and financial stability' given on 17 February, Lars Heikensten of the Sveriges Riksbank said regardless of the fact that there are now outstanding issues to be resolved to improve risk management, his overall conclusion is…
Former Riksbank governor founds EU-sceptic party
Former governor of the Sveriges Riksbank Lars Wohlin has become a co-founder of a new EU-sceptical party, which plans to contest European Parliament elections in June.
Sweden's central bank gets a chief press officer
The Sveriges Riskbank has created a new job at the world's oldest central bank. Jorgen Eklund will become the chief press officer as the Bank's external communications "have increased in scope" the Riksbank said.
Changes in Swedish banknote and coin series 2005
In order to reduce the risk of counterfeiting and to facilitate the recognition of genuine banknotes, the Sveriges Riksbank has decided to increase the security details in 50-kronor and 1000-kronor banknotes.
Riksbank reports loss in 2003 Annual Report
Sweden's central bank published its 2003 annual report on 12 February. This reported a loss of SEK 9.3 billion for the year with the krona appreciation in 2003 leading to a loss of SEK 12.5 billion.
Sweden's Heikensten on current monetary policy
In a speech on 'Monetary policy - some current issues' given on 10 February, Lars Heikensten of the Sveriges Riksbank said there are signs of an upturn in the euro area now, although the picture is not as clear-cut as in the United States.
Sveriges Riksbank lowers repo rate by 0.25%
At its meeting on Thursday, 5 February, the Executive Board of the Swedish central bank decided to lower the repo rate from 2.75 to 2.50 per cent.
Nyberg on developments in the Swedish economy
Sveriges Riksbank Deputy Governor Lars Nyberg spoke to the Swedish Shareholders' Association last week. Nyberg said that although the dollar has weakened due to developments in the US trade and budget deficits it was generally considered to be have been…
Sweden's Rosenberg on current monetary policy
In a speech on 'The current monetary policy situation' given on 29 January, Irma Rosenberg of the Sveriges Riksbank said that the information received so far since December does not appear to significantly alter the picture of a recovery in economic…
Sveriges Riksbank Economic Review 4th Quarter 2003
The Sveriges Riksbank has published its Economic Review for the 4th Quarter 2003. The Review includes articles "Crisis exercises make for crisis readiness," "Payment system efficiency and pro-competitive regulation" and asks "Is 'wage drift' a problem?".