Swedish c.bank's Floden says commercial real estate not a threat to financial stability

Kitco Media
By Reuters
Published:
Updated:
Reuters
STOCKHOLM, May 9 (Reuters) - Problems in Sweden's commercial real estate sector are not currently a threat to financial stability, central bank Deputy Governor Martin Floden said on Tuesday. "Accidents can happen there, but our judgment is that financial stability in Sweden is not directly under threat," Floden told reporters. "It could be that a number of individual companies are affected, but it would take a lot before it could spread to create instability in the wider system."
(Reporting by Simon Johnson; Editing by Johan Ahlander)

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