Nordic countries sign agreements on credits to Iceland of 1.775 billion euro
Loan agreements have today been signed between Iceland and Denmark, Finland and Sweden respectively, and between Seđlabanki Íslands, guaranteed by Iceland and Norges Bank, guaranteed by Norway. Under the agreements the Nordic lenders stand ready to provide Iceland with total credits of 1.775 billion euro.
Mats Odell meets Lord Myners
Yesterday the Swedish Minister for Local Government and Financial Markets Mats Odell held bilateral discussions with his British counterpart, the Financial Services Secretary to the Treasury, Lord Paul Myners. A consensus was reached at the meeting with regard to the importance of making progress in the area of financial supervision during the Swedish Presidency.
Borg and Kovács meet before the Swedish EU Presidency
At a meeting today in Stockholm, Swedish Minister for Finance Anders Borg and the EU Commissioner for Taxes and Customs Union, László Kovács, discussed tax priorities before the forthcoming Swedish EU Presidency.
- The main tasks for Sweden's EU presidency 05 June 2009
- Minister for Finance Anders Borg comments on the situation in Latvia 04 June 2009
- Baltic Sea ministers meet on financial crisis 27 May 2009
Areas of responsibility
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Banks, securities and insurance
Banks, securities and insurance are the hub of the economy. The financial system acts as an intermediary for payments.
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Central government budget
The Government uses the budget to lay down the direction of economic policy in the Spring Fiscal Policy Bill and the Budget Bill.
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County administrative boards
The county administrative board is a government agency that represents the Riksdag and Government in the county.
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International cooperation
The Ministry of Finance is responsible for Swedish participation in international economic and financial cooperation.
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Local authorities
The Ministry of Finance is responsible for the general legislation applying to different types of local authorities.
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Public administration
The Ministry of Finance is responsible for all aspects of public administration, from pensions to population and housing censuses.
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Taxes
The tax system should be simple, fair and inspire confidence. The Ministry of Finance formulates proposals for legislation on taxes.
