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Sweden applied deposit guarantee rules incorrectly, EU Commission says

( August 2, 2021, 14:31 GMT | Official Statement) -- MLex Summary: Sweden has breached aspects of the EU’s deposit guarantee rules, the European Commission said today. The EU executive issued an opinion today following legal action by Latvia, which argues that Sweden infringed EU law by refusing to transfer some contributions. The commission agreed with some of this argument, stating today that Swedish authorities incorrectly applied certain provisions of the legislation on deposit guarantee schemes. Statement follows...

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