Wednesday, May 20, 2015

The government and the alliance agreed on amortization requirements – Dagens Industri

Updated 2015-05-20 17:11. Published 2015-05-20 15:18

“What we have in focus now is to move forward with the amortization requirement” says Finance Minister per bolund to Di.

per bolund confirm that the government and the bourgeois parties now agree to make legal changes to introduce an amortization requirements.

“There are track we are working for. Where we will now take up more surface so we can get on with it “, says Per Bolund and says that these changes in the so-called prudential rule.

According to per bolund it will likely be a repayment requirements in line with the FI suggested for amortization down to 50 per cent of the property value.

“The main track is to work on the principles it has developed, which First Bankers Association went up with and then FI came with. But it is clear that we will during this process to analyze whether there are any adjustments that would be warranted, “he says.

As per bolund , an amortization requirements under the plan to be on place by next year.

“Later than that I do not see as realistic.”

“A law made , not in a jiffy, so I can not answer exactly when but we are working as fast as possible with it, “he says.

Moderates economic policy spokesperson Ulf Krister Petersson, who attended the meeting, confirms that the main track is to create legal conditions to tighten repayment culture.

“Financial Supervisory path is an option that it may well land in. One can also imagine more flexible instruments” he continues.

An alternative to Financial Supervisory suggestion is to turn to banks with an invitation to them to tighten the requirements for their customers.

“We have resonated about how sharp this should be and what degree of flexibility is needed,” says Ulf Krister Petersson.

While confirming Per Bolund that in the present situation not there are plans to downsize interest deductions.

“The government has not had any suggestions for cutting down interest deduction before either, so it has not been on the table. Now is the repayment requirement we will continue to work with. “

As for interest deductions you go at odds with both the Governor and chief economists who want to see cut interest deduction. Close your eyes you going for the obvious in order not to lose voter support?

“It is important not to take steps which are so many and so great that in itself trigger uncertainty and anxiety for the financial sector. And there I stand by that it is important to do one thing at a time. “

Ulf Krister Petersson describes talks between the Alliance and the government as constructive.

“We agree to meet again before the summer to see if we can agree even on a continued path forward,” he said.

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