Economy"If the trend continues, there could be more than ten million cases this year for the first time", says Fredrik Engström, chairman of the Swedish Debt Collection Agency.
debt
US credit card debt at record levels
EconomyNow at a staggering $1.14 trillion, "More people are carrying more debt for longer periods of time".
Swedes’ debt at record levels: “there isn’t enough money”
EconomyThe Swedish Enforcement Authority calls the situation "very serious". Warns that many people risk ending up in poverty, exclusion and with mental illness.
Klarna CEO highlights sweeping debt issue: 80% of Swedes owe money
EconomyIn addition, the number of Klarna debts going to the Swedish Enforcement Authority has increased over the past three years.
Debts to the Enforcement Authority continue to increase
SwedenNew record amounts among Swedes – up 35% from last year.
One in twelve children have parents with debts to the Swedish Enforcement Authority
EconomyBoth the highest and lowest proportion of indebted parents are found in municipalities in Skåne.
Cartoons of the week
Iceland
More whales in Icelandic waters
Bob Moran’s cartoons
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Science
Dogs search for diseased apple trees
