Finance minister Anders Borg

Government’s Bank Rescue Plan Unveiled

This week the Swedish government has presented its emergency plan for stabilizing the country’s bank structure, because of the international financial crisis. It comes after similar packages presented in other countries, many of them ironically modelled on the successful Swedish support of failing banks in the 1990’s.

How deeply is the current crisis affecting Sweden? Fixed Income Strategist Erica Blomgren of SEB, one of this country’s largest banks, explains.

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