Bloomberg said that Swedish Finance Minister Anders Borg warned market turmoil could deepen over the second half of the year and pledged an expansive fiscal policy to hold back climbing unemployment in the largest Nordic economy.

“There’s a significant risk that things get messy in the financial markets this autumn, that money simply rushes out of weaker countries in Europe back home to the U.S.,” he said to reporters in Visby, Sweden.

“Then we’ll see renewed pressure on primarily Greece and Portugal and Spain. If those countries at the same time contribute toward political worry, well then things could be relatively messy during the autumn.”