Sweden earmarks SEK 6 billion to support electricity bills

Stockholm reserves around SEK 6bn to aid households hit by high power prices.

Photo: Johan Jeppsson/AFP / TT NEWS AGENCY

BY ANNE FILBERT, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Yet another European country has chosen to provide economic support for the residents hardest hit by sky-high energy prices. Sweden's government has thus decided to spend SEK 6bn on buffering electricity prices for a three-month period, the government informs in a statement.

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