Government U-turn on cuts to student grants
Published: 14 Mar 2014 13:54 GMT+01:00
Updated: 14 Mar 2014 13:54 GMT+01:00
- Borg to cut student grants and pension perks (20 Feb 14)
- Swedish 'austerity' to achieve surplus: PM (17 Feb 14)
- Borg and Batra climb up list of powerful Swedes (22 Nov 13)
"I don't think it's so complicated that you have to, in the outline stage of a proposal, take one step forward, two back, and one to the side before you find a better way ahead," Finance Minister Anders Borg told the TT news agency on Friday.
Borg said that the budget would instead aim to bring in tax kronor on alcohol and from environmental tax on vehicles.
"I think it is better that you don't have to lower study grants, but instead can pull this money in through taxes," Borg said.
Borg had already defended his three-week old proposal several times when the prime minister announced on Thursday that it would be retracted.