Niclas Rolander

Nov 15, 2024 | yahoo.com | Niclas Rolander

(Bloomberg) -- The Swedish government maintained that it has no plans to rescue ailing battery-cell maker Northvolt AB, instead pinning its hopes on a rescue package funded by shareholders. Most Read from BloombergTime is running out amid a cash crunch after the firm struggled to get production off the ground. A $300 million emergency deal has yet to materialize as talks between the company, lenders and investors are complicated by uncertainty about the market for electric cars.

Nov 15, 2024 | bloomberg.com | Niclas Rolander

The Swedish government maintained that it has no plans to rescue ailing battery-cell maker Northvolt AB, instead pinning its hopes on a rescue package funded by shareholders. Time is running out amid a cash crunch after the firm struggled to get production off the ground. A $300 million emergency deal has yet to materialize as talks between the company, lenders and investors are complicated by uncertainty about the market for electric cars.

Nov 14, 2024 | bloomberg.com | Niclas Rolander

Sweden’s Riksbank cautioned that loosening requirements on mortgage amortization could lead to increased stability risks, pushing back against a proposal intended to make it easier for first-time buyers to enter the housing market. The warning from the central bank comes after a government-appointed inquiry advised that households be allowed to pay down less on mortgages exceeding 70% of the value of the home.

Nov 14, 2024 | bnnbloomberg.ca | Niclas Rolander

(Bloomberg) -- Sweden’s Riksbank cautioned that loosening requirements on mortgage amortization could lead to increased stability risks, pushing back against a proposal intended to make it easier for first-time buyers to enter the housing market. The warning from the central bank comes after a government-appointed inquiry advised that households be allowed to pay down less on mortgages exceeding 70% of the value of the home.

Nov 13, 2024 | bloomberg.com | Niclas Rolander

The Riksbank will closely watch whether the reelection of Donald Trump as US president leads to larger price increases ahead, officials indicated in minutes from last week’s policy meeting, when the Swedish central bank decided to increase the pace of easing. “It’s conceivable that various factors abroad could interact in a negative way going forward,” Governor Erik Thedeen said in the minutes published on Wednesday.