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The Swedish Left Party calls for banks to be broken down

Thursday, 17 November 2011
The Swedish opposition party, within the Red-Green coalition, the Left party, wants that Swedish banks be broken down so that speculative activities are separated from the deposit and lending to households.


The left party would also more than double the requirement of capital adequacy for banks to 20 percent.
The economic spokeswoman for the party, Ulla Andersson and Jonas Sjöstedt, Member of the Committee, wants Sweden to obtain a concrete exception from the euro countries.

But some parties such as the Liberal party are seeing this as a lame proposal. 
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