• Sweden edition
 

Swedes approved secret Nazi loan: report

Published: 15 Feb 2009 13:03 GMT+01:00
Updated: 15 Feb 2009 13:03 GMT+01:00

Historian and ambassador Krister Wahlbäck and cabinet office archivist Bo Hammarlund reveal the existence of the documents, which indicate Wigforss' approval of loans to Hitler's Germany, in a full page debate article in Dagens Nyheter on Sunday.

The loans served to increase Swedish exports to Nazi Germany, of far greater importance, the pair argue, than opening the country's borders and train lines for the use of German troop movements - against which Wigforss was a renowned opponent.

Ernst Wigforss, who died 30 years ago, retains a revered place in the hearts of many in the Social Democratic party and is argued by Wahlbäck and Hammarlund to fulfil the role of the party's "socialist conscience".

Wigforss was vocal in his criticism of the prime minister and Social Democrat party leader, Per Albin Hansson, for allowing the German Division Engelbrecht transit through Sweden, assisting the Nazi invasion of Norway.

The new document is a letter received by Wigforss in April 1941 and undersigned by the director of Skandinaviska Banken, Ernst Herslow. The document was never entered into the official record.

The letter summarized a conversation between Wigforss and Jacob Wallenberg earlier in the day. The conversation concerned the approval of bank credits to Germany to enable them to pay Swedish shipbuilders for services rendered. For this the bank required state approval.

"The minister expressed his understanding, that it would be desirable for the credits to be provided," Herslow wrote.

Wahlbäck and Hammarlund write that such a decision would most likely have been shared with the cabinet but, they point out, no note has been made of the issue by any other minister.

The diary of the then head of the Riskbank, Ivar Rooth, however indicates that the both he and the Swedish foreign office (UD) held strong reservations over the bank credits which would enable Germany to supply less goods in return to Sweden for iron ore and other materials crucial to the war effort.

The loans amounted to around 40 million kronor, a large sum of money in those days, Wahlbäck and Hammarlund write.

They continue to argue that the credits provided in April 1941 were the first breach in Swedish resistance to Nazi Germany's demands. The credits, it is noted, appear to have been given in the face of the minimum of coercion.

The result of the approval of the bank credits meant that Sweden avoided demands from Germany for direct Swedish state aid and that Swedish boat yards could continue to build vessels for Nazi Germany's navy.

Instead of state credits, of the like that the Swedish state offered (but never provided) to Soviet Russia in the "Russian precedent" of 1940, the pair argue that Sweden instead provided something akin to state-sanctioned "export credit guarantees".

Wahlbäck and Hammarlund conclude from the document find that there is more to be learned from Sweden's actions during the war and the involvement of certain individuals in regard to dealings with Nazi Germany, the source of much irritation among the allied powers.

Peter Vinthagen Simpson (news@thelocal.se)

Today's headlines
National
Dog attack policewoman acquitted on appeal
A scene from a video of the attack published by Dagens Nyheter

Dog attack policewoman acquitted on appeal

A policewoman accused of letting her dog attack a drunk man while she repeatedly hit him with a baton, has had her conviction overturned by a court in Stockholm. READ  

Entertainment
What's On: October 31st - November 7th
Uma Thurman will soon be on her way to Stockholm. Photo: TT

What's On: October 31st - November 7th

Halloween fun and an international film festival are the big events hitting Stockholm this week. We cast our eye over the capital and the rest of the country for the best activities to check out this week. READ  

International
Pirate Bay Swede found guilty in Denmark
Gottrid Svartholm Warg. File photo: TT

Pirate Bay Swede found guilty in Denmark

Sweden's Pirate Bay Founder Gottrid Svartholm Warg was found guilty of hacking crimes in a Danish court on Thursday. READ  

National
Malmö loses out as rare toads move in
The European green toad. Photo: H. Krisp (WikiCommons)

Malmö loses out as rare toads move in

After a rare species of toad moved into southern Sweden's Malmö, builders have had to tone down massive expansion plans in the area. READ  

Politics
Palestine recognized as state by Sweden
Palestinians in Gaza last month. Photo: Adel Hana

Palestine recognized as state by Sweden

The Swedish government has officially decided to recognize Palestine, with the move announced in a speech by the country's new Foreign Minister Margot Wallström. READ  

Interview
Stockholm's shocking take on Halloween
For ten days, Globen is transformed into a giant pumpkin. Photo: Shockholm

Stockholm's shocking take on Halloween

American Bill Schacht missed the spooky outfits, family feasts and charity events he associated with Halloween when he moved to Sweden. So he did something about it. The Local meets the founder of the capital's annual Shockholm parade. READ  

Business & Money
Huge losses for energy giant Vattenfall
A Vattenfall plant in Germany. Photo: TT

Huge losses for energy giant Vattenfall

Swedish energy company Vattenfall has reported losses for the third quarter in a row. READ  

International
Malala donates prize winnings to Gaza
Malala receives the Children's Prize from Queen Silvia. Photo: TT

Malala donates prize winnings to Gaza

UPDATED: Girls' rights champion Malala Yousafzai, who was in Sweden to accept the World's Children's Prize on Wednesday, said she would use all her winnings to help rebuild schools in war-ravaged Gaza. READ  

Swedish Honeymoon Killing
Cape Town 'fixer' phoned Dewani before killing
Dewani in a Cape Town court. Photo: TT

Cape Town 'fixer' phoned Dewani before killing

A man jailed for killing British businessman Shrien Dewani's wife during their Cape Town honeymoon said on Wednesday they spoke shortly before the murder to discuss payment. READ  

National
Bus drivers hit by racist and sexist messages
An SL bus in the Swedish capital. Photo: TT

Bus drivers hit by racist and sexist messages

Police are investigating after several bus drivers were forced to read "highly inappropriate" messages sent through the Stockholm bus network's internal communications network. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Business & Money
Get your own office in Gothenburg or Stockholm - free for a day
Gallery
People-watching: October 30th
National
Sweden remains fourth best for gender equality
National
Timeline: Julian Assange sex allegations
Sport
World Cup ski race on 'fake' Stockholm slope
Blog updates

29 October

Scariest day (Blogweiser) »

"This is what’s frightening me on Halloween. http://www.youtube.com/watch?v=D4OFZVCu8J0&list=UUJu5J7jG4uoYSjWbpFsJBuQ Follow my posts on FB. ..." READ »

 

24 October

Editor’s blog, October 24th (The Local Sweden) »

"Hi readers, Get ready to read our weekly digest of Swedish news in less than 60 seconds. The..." READ »

 
 
 
Society
An Arctic tradition: hunting and handicraft
Society
Stockholm taxis offer free therapy sessions
National
The Local meets Health Minister Gabriel Wikström
Gallery
Property of the week: Österåker
Society
Homeless turtles get Stockholm police ride
National
Construction worker has 'Sweden's best beard'
National
Italian musician jazzes up Sweden's Lapland
Gallery
Zlatan's career in pictures
Finest.se
Gallery
People-watching: October 25th and 26th
Lifestyle
'Swedes are funnier than they think'
National
Swedish town 'like Venice' after heavy rains
Lifestyle
What's On in Sweden: October 24th - 31st
Gallery
People-watching: October 22nd
Gallery
In Pictures: Prince Carl Philip and Sofia Hellqvist
Lifestyle
Eight things to love about renting a Swedish apartment
National
Vasa ship cannon blasted in Sweden
National
Sub hunt: Day-by-day
National
Sub hunt: Stockholm islanders share their fears with The Local
Sponsored Article
The best options for oversea transfers
National
Dentist gives free care to Roma beggars
Gallery
Property of the week: Malmö
Gallery
PHOTOS: 'Foreign activity' in Swedish waters
TT
Society
QUIZ: How good is your Swedish?
Society
The nudity... and nine other things expat men notice in Sweden
Gallery
People-watching: October 15th
Gallery
Your views: Should outdoor smoking be banned in Sweden?
Business & Money
Sweden has 'large hole' in finances
Sponsored Article
Introducing... Finding a job in Stockholm
Society
Monster salmon caught in northern Sweden
Gallery
Property of the week: Lorensberg
National
Scandinavia's child bride
National
Ebola crisis: How is Sweden preparing?
Business & Money
How Sweden is becoming a cashless society
Gallery
Stockholm Burlesque Festival 2014
National
How a little red horse became a symbol for Sweden
Gallery
People-watching: October 12th
Business & Money
The hottest start-ups from southern Sweden
National
Stockholm is 'best' region for well-being
Gallery
People-watching: October 8th
National
Five facts to know about Patrick Modiano
Sponsored Article
How to catch the first lobster of the year
Team SCA
Sponsored Article
All-female SCA team takes off on Volvo Ocean Race
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

994
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
AA-EUROPE.ORG/SWEDEN