It has been a dramatic few days on the energy front since the markets closed on Friday.

First came the news that Gazprom is stopping gas to Europe indefinitely, which risks sending gas prices in Europe skyrocketing.

Then on Saturday, Prime Minister Magdalena Andersson (S) and Finance Minister Mikael Damberg (S) announced that the government will secure the electricity companies' liquidity in the form of guarantees of hundreds of billions of kroner.

Is Sweden close to a financial crisis?

Hear Alexander Norén's answer in the clip above.