Sweden

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…

Tobin tax, regulation may win favour-Swede cbanker

SWEDEN - 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, Sweden's central bank said on Monday.

Swedish Riksbank to publish intervention details

SWEDEN - Sweden's Riksbank, proclaiming greater openness than other central banks, said on Wednesday it will publish regular details of any currency intervention in future, formalising a practice introduced last summer.

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…

Swedish inflation above level needed for EMU entry

SWEDEN - Sweden's strong inflation rate is currently running at above the rate required for EMU entry, and January's rate risks being the highest since 1993, said Handelsbanken Research, adding that the central bank now has very little scope for rate…

Swedish central banker backs IMF bankruptcy plan

SWEDEN - An IMF plan for an international bankruptcy procedure could help financially troubled nations restructure their debt in an orderly manner and avoid the chaotic scenes witnessed in Argentina, says Riksbank's Heikensten.

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