Sweden: Should consider the interest deduction, but the broad consensus is required – Bo – Dagens Industri

Sweden: Should consider the interest deduction, but the broad consensus is required – Bo

                  2015-04-23 12:16
             

 (SIX) We have for many years been seeing a trend where households  indebtedness has increased significantly - by the government, it is important to  to amortise their loans. Financial stability is a precondition  if we are to meet the challenges we face.       So begins Finance Minister Per Bolund press briefing held  by reason of the FSA's decision not to proceed with  amortization requirement because of legal ambiguities.       "We will take responsibility and tackle the issue with full force,  While it is important to have a broad political consensus "continues  he says.       "FSA informed me early in the week, and I have my turn  informed the Alliance parties and the Left. I'm glad they have  demonstrated responsibility and willingness to dialogue, and we will bring  conversation, "says Bo.       FI now need to do further analysis on making other measures,  and the government will analyze within government  responsibility, says Bo.        Among the options being discussed is to legislate for a  amortization requirements and provide more FI mandate, says Bo.  Interest deductions have also been up, and where it requires a broad consensus,  he notes.       "We need to look at all options, including interest deductions"  says Bo to a question whether it may be appropriate restrictions  interest deductions.       We will handle the matter urgently, says Bo to a question about  time horizon. Furthermore, state financial minister that proposals for  property tax is not on the table.      Anton Wilén, +46 8 5861 6441  mailto: anton.wilen@six-group.se  www.blogg.six.seSIXNews  SIX News