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Niklas Wykman

Niklas Wykman

New Swedish Nuclear Power Law Criticized for Unclear Costs
Business News

New Swedish Nuclear Power Law Criticized for Unclear Costs

The Riksdag has passed the law on how new nuclear power will be financed. But nothing is said about how high the price tag will be
AP Fund CEOs to Face Finance Committee Over Northvolt Investments
Business News

AP Fund CEOs to Face Finance Committee Over Northvolt Investments

The CEOs of the AP Funds are to be questioned in the Riksdag's Finance Committee. The reason: Noteworthy billion-krona investments made by the funds through specially formed companies in the now bankrupt battery manufacturer Northvolt
Financial Supervisory Authority Chief Daniel Barr to Step Down by Summer
Business NewsTop News

Financial Supervisory Authority Chief Daniel Barr to Step Down by Summer

The Financial Supervisory Authority's Director-General Daniel Barr is leaving his assignment by the summer. Barr has previously received criticism for investments he was responsible for as the highest chief at the Pensions Agency
Sweden to Explore Debt Relief Options for Long-Term Debtors
Business News

Sweden to Explore Debt Relief Options for Long-Term Debtors

Swedes' debts are record-high – and some are indebted for decades without managing to pay off. Now the government will appoint an inquiry to investigate whether these so-called "eternal debtors" will ever be able to become debt-free
Swedish Finance Minister Warns of Potential Stock Market Challenges
Business News

Swedish Finance Minister Warns of Potential Stock Market Challenges

The Minister for Financial Markets Niklas Wykman (The Moderate Party) says that "individual actors can get significant problems" in the current stock market turmoil.
Sweden Proposes Transparency for Lottery Purchases Supporting Parties
Sweden News

Sweden Proposes Transparency for Lottery Purchases Supporting Parties

If you buy a lottery ticket, it should be clear that the purchase may involve financial support to a party-political organization, the government proposes in a bill that was passed on Thursday.
Casino Cosmopol in Stockholm to Close Following Riksdag Decision
Sweden News

Casino Cosmopol in Stockholm to Close Following Riksdag Decision

Now it's decided – Casino Cosmopol in Stockholm must close down, reports several media outlets.
Sweden Plans Billion-Kronor Loans for New Nuclear Power Expansion
Sweden NewsTop News

Sweden Plans Billion-Kronor Loans for New Nuclear Power Expansion

Despite harsh criticism, the government is moving forward with plans to build new nuclear power in Sweden. This will be done through several hundred billion kronor in government loans
Sweden Moves Forward with Controversial Nuclear Power Proposal
Sweden NewsTop News

Sweden Moves Forward with Controversial Nuclear Power Proposal

The Government's plan to finance new nuclear power has received heavy criticism, among other things for being an optimistic calculation and risking to push aside other electricity production. Now the Government is moving forward with its legislative proposal
Wykman: Loan brokers will not get away
Business News

Wykman: Loan brokers will not get away

The government does not back down, despite the Law Council's objections. Even loan brokers like Lendo must apply for a banking license to continue their operations
Inquiry to shut out unscrupulous gaming companies
Business News

Inquiry to shut out unscrupulous gaming companies

The Legislative Council Rejects the Government's Proposal on Fast Loans
Business News

The Legislative Council Rejects the Government's Proposal on Fast Loans

The Government wants to tighten the requirements for quick loan companies to address over-indebtedness. But the legislative proposal – which gives companies the alternative to apply for a banking license or shut down – is now being criticized by the Law Council
Minister reported to the Constitutional Committee for "cronyism"
Sweden News

Minister reported to the Constitutional Committee for "cronyism"

The Government Cuts AP Funds
Business News

The Government Cuts AP Funds

The number of AP funds will decrease and the workforce will be reduced.
The Government Tightens Requirements for Fast Loans
Business News

The Government Tightens Requirements for Fast Loans

The Government tightens the requirements for quick loan companies – they must apply for a banking license or shut down. Many people are affected, says Financial Markets Minister Niklas Wykman (The Moderate Party)
Loan Requirements on the Way: "Harder without Rich Parents"
Business News

Loan Requirements on the Way: "Harder without Rich Parents"

A raised mortgage ceiling and easing of amortization requirements were proposed by the government's investigator last autumn. The idea is that, among other things, it will become easier for young people to enter the housing market
The State Releases Control Over ATG
Sports News

The State Releases Control Over ATG

The state wants to release control over the gaming company ATG next year. The government decided this today
Proposal: Food retailers should be forced to accept cash
Business News

Proposal: Food retailers should be forced to accept cash

Food retailers and pharmacies should have an obligation to accept cash, proposes the government's investigator. A proposal that Svensk Handel views with some concern
Wykman: "Nuclear Power Costs are Manageable"
Business News

Wykman: "Nuclear Power Costs are Manageable"

Minister for Financial Markets Niklas Wykman (The Moderate Party) is not unexpectedly toning down the criticism of the proposals for financing new nuclear power. The costs for the state and electricity consumers are manageable, he thinks
No Ban - but Tax Awaits Party Lotteries
Sweden NewsTop News

No Ban - but Tax Awaits Party Lotteries

The government chooses not to ban party lotteries, despite criticism against them. Instead, they will be subject to gaming tax, says Financial Markets Minister Niklas Wykman (M)
Green light for Sweden's coronavirus support
Business News

Green light for Sweden's coronavirus support

The Government Makes Mortgage Loans Cheaper
Business News

The Government Makes Mortgage Loans Cheaper

The Government is moving forward with a proposal that will make it cheaper for households to switch mortgages with fixed interest rates between different banks.
Investigator: Cost-based rent should be abolished
Entertainment NewsTop News

Investigator: Cost-based rent should be abolished

The criticized cost rent should be abolished. This is the opinion of the government's investigator, who instead proposes market rent for, among other things, the National Museum and the Royal Opera
The Minister is hesitant about changed amortization requirement
Business News

The Minister is hesitant about changed amortization requirement

The Minister for Financial Markets Niklas Wykman (The Moderate Party) is hesitant about changing the first amortization requirement introduced in 2016.
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