Sweden Proposes Funded Pension Systems for EU Growth
Swedish Minister Niklas Wykman urged EU nations to adopt funded pension systems to strengthen capital markets. He noted that a few countries hold most assets.
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Sweden is calling for a mobilization of pension assets across Europe to bolster the continent's capital markets. Speaking at an event hosted by NORDEA BANK ABP in Finland, Swedish Minister for Financial Markets Niklas Wykman argued that more nations should adopt funded pension models similar to those found in the Nordic region and the Netherlands.
