Sweden says to look at all possible tools to cap household debt

April 23, 2015 10:47 AM

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STOCKHOLM, April 23 (Reuters) - Sweden will look at all possible tools to deal with high levels of household debt, financial markets minister said after the country's financial watchdog dropped plans to introduce rules to force mortgage borrowers to pay off the principal on loans.

Financial Markets Minister Per Bolund said the government would look at mortgage tax relief, and could look at ways to enable the financial supervisory authority (FSA) to introduce tighter mortgage repayment rules.

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