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Riksgälden
The Swedish National Debt Office ( or shortly ''Riksgälden'') was founded by Gustav III at the Riksdag of the Estates in 1789, through the Act of union and security. It is a Swedish Government agencies in Sweden, Government agency. The first task of the Debt Office was to finance the ongoing Gustav III's Russian War, war against Russia. The method of raising funds was to issue promissory notes called ''Riksgälds'' denominated in Riksdaler which was the Swedish currency at the time. The reason why the funds could not be raised through the Sveriges Riksbank, Riksbank was that its notes had to be backed by silver (commodity money) to two thirds, whereas no such restrictions applied for the promissory notes (credit money) issued by the Debt office. This produced a heavy seigniorage-induced inflation, where the exchange rate for the promissory notes against silver was 1 to 4 in 1834. In 1989, after two hundred years as one of the few state agencies that reported directly to the Riksda ...
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Deposit Insurance
Deposit insurance, deposit protection or deposit guarantee is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance or deposit guarantee systems are one component of a financial system safety net that promotes financial stability. Process Banks are allowed (and usually encouraged) to lend or invest most of the money deposited with them instead of safe-keeping the full amounts (see fractional-reserve banking). If many of a bank's borrowers fail to repay their loans when due, the bank's creditors, including its depositors, risk loss. Because they rely on customer deposits that can be withdrawn on little or no notice, banks in financial trouble are prone to bank runs, where depositors seek to withdraw funds quickly ahead of a possible bank insolvency. Because banking institution failures have the potential to trigger a broad spectrum of harmful events, including ...
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Swedish Krona
The krona (; plural: ''kronor''; sign: kr; code: SEK) is the currency of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as means " crown" in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016. One krona is subdivided into 100 '' öre'' (singular; plural ''öre'' or ''ören'', where the former is always used after a cardinal number, hence "50 öre", but otherwise the latter is often preferred in contemporary speech). Coins as small as 1 öre were formerly in use, but the last coin smaller than 1 krona was discontinued in 2010. Goods can still be priced in ''öre'', but all sums are rounded to the nearest krona when paying with cash. The word ''öre'' is ultimately derived from the Latin w ...
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Scandinavian Monetary Union
__NOTOC__ The Scandinavian Monetary Union was a monetary union formed by Denmark and Sweden on 5 May 1873, with Norway joining in 1875. It established a common currency unit, the krone/krona, based on the gold standard. It was one of the few tangible results of the Scandinavian political movement of the 19th century. The union ended during World War I. Overview The original Scandinavian currencies were based on the silver Reichsthaler, defined by the Hamburger Bank as 25.28 grams fine silver, which was equal to one Norwegian speciedaler or two Danish rigsdaler. Sweden's ''riksdaler specie'' was slightly heavier at 25.5 g and was equal to four Swedish riksdaler ''riksgalds''. The Scandinavian switch to the gold standard was triggered by Germany's adoption of the German gold mark in 1873 and of the consequent disturbance in the silver market. The monetary union established the gold krone (''krona'' in Swedish) replacing the legacy currencies at the rate of 1 krone = 1 Swedish ...
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Hans Lindblad (economist)
Hans may refer to: __NOTOC__ People * Hans (name), a masculine given name * Hans Raj Hans, Indian singer and politician ** Navraj Hans, Indian singer, actor, entrepreneur, cricket player and performer, son of Hans Raj Hans ** Yuvraj Hans, Punjabi actor and singer, son of Hans Raj Hans * Hans clan, a tribal clan in Punjab, Pakistan Places * Hans, Marne, a commune in France * Hans Island, administrated by Greenland and Canada Arts and entertainment * ''Hans'' (film) a 2006 Italian film directed by Louis Nero * Hans (Frozen), the main antagonist of the 2013 Disney animated film ''Frozen'' * ''Hans'' (magazine), an Indian Hindi literary monthly * ''Hans'', a comic book drawn by Grzegorz Rosiński and later by Zbigniew Kasprzak Other uses * Clever Hans, the "wonder horse" * ''The Hans India'', an English language newspaper in India * HANS device, a racing car safety device * Hans, the ISO 15924 code for Simplified Chinese characters See also *Han (other) Han may refer to: ...
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Bo Lundgren
Bo Axel Magnus Lundgren (born 11 July 1947) is a Sweden, Swedish politician who served as the leader of the Moderate Party from 1999 to 2003.The parliamentary election in Sweden, 2002
Anders Widfeldt, ''Electoral Studies'' 22, #4 (December 2003), pp. 778–784.
Lundgren also served as Minister for Sports (Sweden), Minister for Sports from 1991 to 1994 and Director-General of the Swedish National Debt Office from 2004 to 2013. Lundgren served as Minister for Fiscal and Financial Affairs from 1991 to 1994 in the government of Carl Bildt, with responsibility mainly for financial markets, taxation and housing. The country faced a severe financial crisis after the bursting of a speculation bubble which had developed in the 1980s. The Swedish government's management of the crisis attracted international attention ...
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Thomas Franzén
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Idaho * Thomas, Illinois * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts and entertainment * ''Thomas'' (Burton novel), a 1969 novel by He ...
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Staffan Crona
Staffan is a Swedish form of Stephen, attested since 1330. It may refer to: *Staffan Anger (born 1943), Swedish politician of the Moderate Party * Staffan Appelros (born 1950), Swedish politician of the Moderate Party *Staffan Danielsson (born 1947), Swedish Centre Party politician, member of the Riksdag since 2004 *Staffan de Mistura (born 1947), long-serving Italian-Swedish diplomat *Staffan Götestam (born 1952), Swedish actor and director *Staffan Göthe (born 1944), Swedish playwright, actor, and director * Staffan Kihlbom (born 1962), Swedish actor, who appeared in the 2000 film ''The Beach'' *Staffan Kronwall (born 1983), professional ice hockey defenceman *Staffan Olsson (born 1964), retired Swedish handball player and Swedish national coach *Staffan Skott (born 1943), Swedish journalist, author and translator *Staffan Strand (born 1976), Swedish former high jumper *Staffan Tällberg (born 1970), Swedish former ski jumper *Staffan Tapper (born 1948), former footballer from S ...
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Lars Kalderén
Lars is a common male name in Scandinavian countries. Origin ''Lars'' means "from the city of Laurentum". Lars is derived from the Latin name Laurentius, which means "from Laurentum" or "crowned with laurel", and is therefore related to the name Laurence and Lauren. A homonymous Etruscan name was borne by several Etruscan kings, and later used as a last name by the Roman Lartia family. The etymology of the Etruscan name is unknown. Notable people *, bishop of Linköping (1236–1258) *, bishop of Linköping (1292–1307) *Lars (archbishop of Uppsala) (1255–1267) *Lars Kristian Abrahamsen (1855–1921), Norwegian politician *Lars Ahlfors (1907–1996), Finnish Fields Medal recipient *Lars Amble (1939–2015), Swedish actor and director *Lars Herminius Aquilinus, ancient Roman consul *Lars Bak (born 1980), Danish road bicycle racer *Lars Bak (computer programmer) (born 1965), Danish computer programmer *Lars Beckman (born 1967), Swedish politician *Lars Bender (born 1989), Germ ...
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Karl Georg Ringström
Karl may refer to: People * Karl (given name), including a list of people and characters with the name * Karl der Große, commonly known in English as Charlemagne * Karl of Austria, last Austrian Emperor * Karl (footballer) (born 1993), Karl Cachoeira Della Vedova Júnior, Brazilian footballer * Karl (surname) In myth * Karl (mythology), in Norse mythology, a son of Rig and considered the progenitor of peasants (churl) * ''Karl'', giant in Icelandic myth, associated with Drangey island Vehicles * Opel Karl, a car * ST Karl, ST ''Karl'', Swedish tugboat requisitioned during the Second World War as ST ''Empire Henchman'' Other uses * Karl, Germany, municipality in Rhineland-Palatinate, Germany * ''Karl-Gerät'', AKA Mörser Karl, 600mm German mortar used in the Second World War * KARL project, an open source knowledge management system * Korean Amateur Radio League, a national non-profit organization for amateur radio enthusiasts in South Korea * KARL, a radio station in Minnesota ...
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Sten Widlund
The STEN (or Sten gun) is a British submachine gun chambered in 9×19mm which was used extensively by British and Commonwealth forces throughout World War II and during the Korean War. The Sten paired a simple design with a low production cost, facilitating mass production to meet the demand for submachine guns. As well as equipping regular units, the Sten was distributed to resistance groups within occupied Europe. Its simple design made it an effective insurgency weapon for resistance groups. The Sten is a select fire, blowback-operated weapon with a side-mounted magazine. Sten is an acronym, derived from the names of the weapon's chief designers: Major Reginald V. Shepherd and Harold J. Turpin, and "En" for the Enfield factory. Around four million Stens in various versions were made in the 1940s, making it the second most produced submachine gun of the Second World War, after the Soviet PPSh-41. The Sten served as the basis for the Sterling submachine gun, which replace ...
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