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Sweden to support households hit by high electricity prices

by Reuters
Wednesday, 12 January 2022 07:26 GMT

STOCKHOLM, Jan 12 (Reuters) - 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) (Reporting by Simon Johnson, editing by Anna Ringstrom)

Our Standards: The Thomson Reuters Trust Principles.


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