Sweden provides liquidity guarantee to power companies as energy expenditure soars

2022-09-06

The Swedish government recently announced that it would provide liquidity guarantees worth hundreds of billions of Swedish kroner (1 Swedish kroner about US $0.09) to power companies in northern Europe and the Baltic Sea region to deal with the threat posed by the current situation of the power market to the country's financial stability. (Li Xinshe)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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