Sweden
Sveriges Riksbank Press Release
PRESS RELEASE - Repo rate left unchanged at 3.75 per cent, 7 February.
Swedish central bank warns on Iraq uncertainty
Sweden's central bank has warned that uncertainty surrounding a potential war with Iraq may take their toll on investment and economic growth throughout Western industrialised economies.
Nyberg on the Swedish card payment market
SPEECH - In the speech 'The Swedish Card Payment Market - Current Challenges and Future Developments' Lars Nyberg of the Sveriges Riksbank said Swede's are great lovers of cash and prefer to use debit rather than credit cards. Nyberg says that as far as…
Sveriges Riksbank Press Release
PRESS RELEASE - Changes in the routine for EU payments, 3 February.
Sveriges Riksbank Press Release
PRESS RELEASE - Direct changeover from 2006 lessens the risk of payment system disturbances, 3 February.
Sveriges Riksbank Economic Review 4rd Quarter 2002
REPORT - The fourth issue of the Riksbank's Economic Review contains three articles: one on the art of targeting inflation, one on the IRB approach in the Basel Committee's proposal for new capital adequacy rules, and one on reformed management of…
Sveriges Riksbank Press Release
PRESS RELEASE - Comments on article on DN's debate page, 23 January.
Persson on Sweden and the euro
SPEECH - In the speech 'Sweden and the Euro' Kristina Persson of the Sveriges Riksbank said monetary union presents an attractive proposition for Sweden, given that we continue to improve the functioning of wage formation and labour markets and that we…
Backstrom on Financial Cycles
SPEECH - In the speech 'Financial Cycles' Urban Backstrom of Sweden's central bank said financial crises substantially increase the risk of outright deflation after some time. A central bank could manage this risk in two ways: by at least trying to…
Bergstrom on monetary policy and wage formation
SPEECH - In the speech 'Monetary policy and wage formation' Villy Bergstrom of Sweden's central bank said the recent termination of one union's collective wage agreement will not necessarily constitute a threat to the inflation target. However, if other…
Sveriges Riksbank Press Release
PRESS RELEASE - Distribution of work in the Executive Board, 9 January.
Sweden can thrive without the euro
ARTICLE - After Sweden named the date for its euro referendum this article by a Swedish politician says that little enthusiasm exists across Europe for the euro and Swedes themselves are sceptical. It also claims that Britain would be striking a "blow…
Minutes from the Sveriges Riksbank Board meeting
MINUTES - Minutes of the Sveriges Riksbank Executive Board meeting on 4 December, published 19 December. The Executive Board decided to lower the repo rate by 0.25 per cent, although second deputy governor Eva Srejber entered a reservation against the…
Sweden decides on wording of euro question
Sweden has announced the wording of the question to be put in a referendum next year on whether to adopt the euro. The question is "Do you think that Sweden should introduce the euro as its currency?"
Sweden's former central bank chiefs oppose euro
Following Swedish prime minister Goran Persson's decision to set a date last month for Swedes to vote on the euro, two former central bank governors have come out in opposition to membership of the single currency.
Sveriges Riksbank Inflation Report, No.4, 2002
RESEARCH - Sweden's central bank has published its Inflation Report for the Fourth Quarter 2002. In the report the Riksbank said inflation has fallen back since the spring, which supports their earlier assessment, and that inflation expectations are also…
Sveriges Riksbank Press Release
PRESS RELEASE - Repo rate lowered 0.25 percentage points to 3.75 per cent, 5 December.
Sweden reduces interest rates again
Sweden's central bank cut its key repo rate on Thursday for the second time in three weeks, saying it expected inflation to fall below its two percent inflation target as industrial activity deteriorated.
Interview with Swedish PM on the euro referendum
INTERVIEW - Following the recent announcement that Sweden will hold a referendum on euro entry next year, Prime Minister Goran Persson spoke to Swedish radio on the topic. In the interview he said the exact wording of the question would be decided later…
Minutes from the Sveriges Riksbank Board meeting
MINUTES - Minutes of the Executive Board meeting on 14 November 2002 released 29 November. The minutes reveal the Board voted unanimously to lower the repo rate by 0.25 to 4.0 per cent.
Sweden names date for euro referendum
Sweden will hold a referendum on whether to adopt the single European currency, the euro, on 14 September 2003, Swedish Prime Minister Goran Persson said Friday following a meeting of political party leaders.
Cutting kronas in Sweden
ARTICLE - As we reported earlier in the week Swedish prime minister Goran Persson is set to name the date for the euro referendum next week. The proposed referendum on Sweden's entry to the euro looks like taking place in Autumn 2003. However on current…
Heikensten on the krona, Sweden and EMU
SPEECH - In the speech 'The krona, Sweden and EMU' Lars Heikensten of the Sveriges Riksbank said the most likely time for a referendum to Sweden's entry to the euro would be Autumn 2003. If Sweden was to enter ERM2 Heikensten said, the decision on the…
Sweden to set course for decision on euro entry
Sweden looks set to name a date for a referendum on entry to the euro. Swedish central bank deputy governor Lars Heikensten recently said in a speech that the most likely date for a referendum would be Autumn 2003. In an interview Swedish PM Goran…