Sweden to support households hit by high electricity prices


Reuters | Stockholm | Updated: 12-01-2022 13:00 IST | Created: 12-01-2022 12:57 IST
Sweden to support households hit by high electricity prices
Mikael Damberg Image Credit: Wikipedia
  • Country:
  • Sweden

Sweden will compensate those households which have been worst hit by a surge in electricity prices, Finance Minister Mikael Damberg said on Wednesday, with the government setting aside 6 billion crowns ($664.45 million) for measures.

"These are exceptional measures for an exceptional situation," Damberg told a news conference. ($1 = 9.0300 Swedish crowns)

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