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The Commission approved the package of amendments to the Swedish state guarantee scheme for financial institutions. The changes concern the prolongation of the scheme's validity until
On
Ø Prolongation of the period during which guarantees until
Ø Extension of the material scope of the scheme by including uncollateralised debt instruments with a term of up to five years.
Ø Amendment of the eligibility criteria for institutions covered by the scheme. Participating banks will only need to meet the basic legal capital requirements.