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Alarm sounds over Sweden's soaring home prices, debt

Published Tue, Jun 16, 2015 · 09:50 PM

Stockholm

THE data are relentless: house prices keep rising, mortgage burdens keep growing, disbelief keeps mounting.

"To say that it's not a threat, not a potential problem, that would be totally wrong," Michael Wolf, the chief executive officer of Swedbank AB said in a June 11 interview at his headquarters outside Stockholm.

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