Swedish threat to wary banks

Sweden’s reputation for skilfully handling banking crises was dented on the 17 November 2008 after the government threatened to force banks to join a SKr1,500bn loan guarantee scheme after just one of the country’s four largest lenders had signed up.

ESO: Background information: Sweden launches financial stability package http://www.europeansources.info/record/sweden-launches-financial-stability-package/

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