SWEDEN-STOCKHOLM-HIGH INFLATION & INTEREST RATES-PROPERTY COMPANIES-PRESSURE

SWEDEN-STOCKHOLM-HIGH INFLATION & INTEREST RATES-PROPERTY COMPANIES-PRESSURE

(230531) -- STOCKHOLM, May 31, 2023 (Xinhua) -- A biker passes by a residential building construction site in Stockholm, Sweden, May 31, 2023. High inflation and rising interest rates have been pressing Sweden's businesses and households hard and are exposing vulnerabilities in the country's financial system, the financial supervisory authority (Finansinspektionen, FI) said on Tuesday. Several highly leveraged property companies and large listed ventures are under pressure to reduce their indebtedness, it said. However, small or medium-sized property companies face major risks, according to FI. (Photo by Wei Xuechao/Xinhua)

  • Product Code
  • ILEA001381594
  • Registered date
  • 2023/5/31 00:00:00
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  • Xinhua / Kyodo News Images
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  • Xinhua News Agency.All Rights Reserved
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