The reason is that on Saturday the government announced hundreds of billions in credit guarantees to the electricity companies to avert a potential financial crisis.
The council consists of the government, the Riksbank, the Financial Supervisory Authority and the National Debt Office and usually meets twice a year. All parties except the National Debt Office attended Saturday’s press conference.
TT: What do you need to clear up that you had not discussed before the press conference?
— In the best case, there is not much left to discuss, but it is a chance to carefully review the risk picture and the authorities’ stability assessments due to the price trend.
According to Elger, it is important to have a quick meeting.
— We have to work quickly to get all the parts ready before Monday, when the Riksdag makes a decision.
The last time the Financial Stability Board had an extraordinary meeting was on January 26, then due to the security situation in Europe and its effects on the economy.