Swedish FSA suspends mortgage repayment rules to ease virus effects
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STOCKHOLM (Reuters) - Sweden's Financial Supervisory Authority (FSA) said on Thursday it would suspend rules forcing banks to demand mortgage repayments from borrowers, as a measure to limit the impact of the outbreak of the coronavirus on the economy.Authorities, including the central bank, have been warning about high levels of household debt and high real estate prices for years. With the economy tanking - the government reckons GDP will shrink 4% this year - unemployment is set to rise..