Faced with the "Winter Winter", Sweden has moved

According to Stockholm reports, Swedish time said on the 3rd that it will provide Nordic and Baltic Energy Corporation with a "billions of dollars" liquidity guarantee to prevent the European energy crisis from causing a financial crisis.

Swedish Prime Minister Magdalina Andeson warned that Sweden was facing the possibility of "war cold winter" and said that the specific details of the guarantee still needed to be finalized.

Earlier, Russia said on the 2nd that it would close the natural gas pipeline to Germany indefinitely.

Anderson told reporters that the guarantee aims to provide energy groups with "the need for breathing space." She said: "Energy war is on a significant impact on families and companies in Europe and Sweden, especially in southern Sweden, which rely on Germany's electricity prices, and Germany in turn is very dependent on natural gas."

"This threatens our financial stability. If we do not take action as soon as possible, this may lead to serious chaos in Nordic and Baltic countries."

"In the worst case, we may be in a financial crisis." Swedish Minister of Finance Mikael Danberg said at the same press conference that Sweden's decision "not only ensure that Sweden's financial stability, but the whole Nordic region.

It is reported that these guarantees are expected to be in place before the close of the stock market and cover all Nordic and Baltic countries in the next two weeks.

Source: Reference message

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