• 11/25/2024

ECB haunted by bond buys in Swedish property crisis

Reuters

Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era bond buying.

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https://www.reutersagency.com/en/reutersbest/article/ecb-haunted-by-bond-buys-in-swedish-property-crisis/