Sweden Offers Details Stability Plan | 

Sweden

Sweden Offers Details Stability Plan

Stockholm - The Swedish government Monday unveiled details in a stability plan including to establish a fund to help banks that run into problems in future.

The programme was aimed at "restoring confidence" in the financial system, Finance Minister Anders Borg said at joint news conference with Financial Markets Minister Mats Odell.

The fund was to run along the lines recently approved by Eurozone countries, and Odell said the fast-track legislation could likely be passed early next week.

 
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