The losses will arise mainly from activities in the Baltic countries and eastern Europe, the Riksbank said. But it added that big Swedish banks such as Nordea, Handelsbanken, SEB and Swedbank were well-placed to weather the losses.
The remains of medieval ruler Czar Samuel arrived in Bulgaria on Oct. 3, after decades of negotiations with neighboring Greece.
Recent turmoil among investment funds is expected to drive investors toward safer assets as they take a more cautious stance, an expert noted.
Clocking in at 10 hours and 27 minutes, national swimmer Eda Savcıgil has made history at the Catalina Channel, becoming both the fastest woman and the youngest Turkish athlete to complete the swim.
