ECB

Economy

Should Sweden join the European banking union?

A planned move by the Nordic region's biggest bank from Sweden to Finland has sparked much soul-searching among Swedes about the wisdom of trying to protect its banks from future crises without eurozone help.

Europe

Borg to block EU bank supervision plan

Sweden’s Finance Minister Anders Borg will vote against a European banking union at a meeting in Brussels next Tuesday, effectively vetoing the plan.

European Union

Sweden's Borg advises Greece to quit euro

Sweden's finance minister Anders Borg on Friday advised Greece that it would be better if they pulled out of the euro.

European Union

Sweden's Borg dismisses EU bank supervision plan

Sweden's finance minister Anders Borg rejected plans to place all eurozone lenders under the supervision of the ECB at a meeting of top EU officials on Saturday.

banking

Euro crisis a threat to Swedish banks: Borg

Sweden may have some of the strongest public finances in Europe but its banks are more vulnerable than most in the current euro debt crisis, Finance Minister Anders Borg said in an interview published Wednesday.