Sweden

Riksbank's Persson - Sweden should join EMU

SWEDEN - Sweden should enter European Economic and Monetary Union to offset the risks of price swings and better align the economy with its chief export market, the Riksbank's deputy governor, Kristina Persson, said in a speech Tuesday.

Heikensten - Policy could move in either direction

SWEDEN - The first deputy governor of Sweden's Riksbank, Lars Heikensten, on Tuesday noted that inflation should fall to target levels in the long-term, but near-term uncertainties mean monetary policy could either be eased or tightened in the months…

EMU debate crucial to long term health of Swedish

SWEDEN - With the Swedish krona suffering from classic symptoms of a small European currency remaining outside of European Monetary Union, its best hope of a sustained recovery may be an acceleration of the EMU debate and entry process, analysts say.

Euro's launch vital to debate in Sweden

SWEDEN - Goran Persson, Sweden's Social Democratic prime minister, believes the Scandinavian country could be a member of the single currency by 2005 if next January's introduction of euro notes and coins is a success.

Riksbank publish 2001 Financial Stability Report

RESEARCH - The Sveriges Riksbank, Sweden's central bank, has published its Financial Stability Report for May 2001. They report that the banking sector appears well-equipped to manage the effects that could ensue from a general economic slowdown.

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