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View Full Version : Swedish Banks Can Handle Baltic Losses of $20 Billion - Bloomberg



NewsWhore
06-10-2009, 08:00 AM
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Swedish Banks Can Handle Baltic Losses of $20 Billion (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaITViiPs4wAY&cid=1258415867&ei=DKMvSuqVGNqdlQelu8XABQ&usg=AFQjCNGM5DmYuRe4xXDpSuFA-Jbx4U4iwQ)
Bloomberg
... financial stability and has activated a swap agreement with the ECB, under which it will be able to borrow as much as 10 billion euros ($14 billion) in exchange for kronor for as long as three months, to ensure it has enough currency reserves. ...


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