The International Monetary Fund said on Friday that Sweden should cool its booming real estate market, which is causing household debt to shoot through the roof.
The International Monetary Fund has warned that Sweden is suffering from a housing bubble and has called for a halt on loans that don't require amortization.
The International Monetary Fund (IMF) has praised Sweden's handling of the financial crisis in a new report, while at the same time lowering its growth forecast for the global economy.
Sweden's economy is structurally sound but vulnerable because of its exposure to strained European economies which could impact its growth, the International Monetary Fund warned on Tuesday.
Sweden, Norway and Denmark pledged $26 billion to the new IMF crisis funding Tuesday, taking the total raised so far to $286 billion, Fund managing director Christine Lagarde announced.
Sweden's housing market shows signs of a bubble and is on the verge of a sustained price decline, the International Monetary Fund (IMF) has warned in a new report.
Swedish finance minister Anders Borg on Thursday ripped the record of former UK PM Gordon Brown, while praising French finance minister Christine Lagarde amid speculation over who may succeed Dominique Strauss-Kahn as head of the IMF.
Swedish foreign minister Carl Bildt said on Wednesday that he he does not expect the sex assault allegations against IMF head Dominique Strauss-Kahn to damage the global funding body.
Sweden could lend Ireland, which is negotiating a debt rescue deal, up to 10 billion kronor ($1.46 billion), Swedish Finance Minister Anders Borg said Monday.
The International Monetary Fund (IMF) has praised both Sweden's central bank, the Riksbank, and the Swedish government for their handling of the economic crisis.
Sweden's finance minister Anders Borg was on Sunday unwilling to rule out that Sweden would assist in underwriting a bailout fund for troubled euro economies.
Sweden appears set to stay in recession for longer than most other countries and ought to take steps to further strengthen its beleaguered banks, according to a new assessment from the International Monetary Fund.
Swedish finance minister Anders Borg has criticized how the United States and Britain have managed the financial crisis and wants smaller countries to have more influence on the global economy.
Prime Minister Fredrik Reinfeldt on Monday urged the International Monetary Fund to take a leadership role in helping eastern European countries weather the current financial crisis.
Sweden has joined with Denmark, Finland, and Norway to provide a joint loan to troubled Iceland worth $2.5 billion to help the troubled Nordic country cope with its acute economic crisis.
The International Monetary Fund (IMF) has warned Swedish banks that the global credit crisis means increased risks for Swedish banks investing in the Baltic area.