STOCKHOLM, Jan 30: Sweden’s government, which has been carrying out a wave of liberal reforms, said on Friday it would delay the privatisation of state-owned mortgage institute SBAB due to the economic downturn.
“SBAB is a company that the government intends to sell (but) in light of the financial turmoil the sale is not currently on the agenda,” the ministry for local government and financial markets said in a statement.—AFP
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