Sweden edition

Anders_borg

The following articles have been tagged with "Anders_borg":

Europe's banks set for years of 'shrinkage': Borg

Business & Money: 2 Feb 12
Swedish finance minister Anders Borg warned that Europe's financial sector was headed for a decade of tough reforms that would leave it much smaller, but more robust. READ »

Social Democrats drop eurozone pact opposition

Politics: 26 Jan 12
The Social Democrats on Thursday dropped their longstanding opposition to Swedish participation in the eurozone pact on fiscal discipline, after reaching an agreement with the government of Fredrik Reinfeldt. READ »

Social Democrats affirm eurozone pact opposition

Business & Money: 18 Jan 12
The Social Democrats remain opposed to having Sweden join the eurozone stability pact, while the Centre Party said on Wednesday it supported the deal "with conditions". READ »

Ex-minister: financial transactions tax 'failed'

Business & Money: 15 Jan 12
In light of the current European debate on a financial transactions tax, former Swedish finance minister Bo Lundgren has spoken out about Sweden's "very negative" experience of implementing the tax in the 1980s. READ »

Borg 'most popular' minister in Sweden: poll

Politics: 3 Jan 12
Sweden's Minister of Finance, Anders Borg, scored the highest in a recent poll when Swedes had their say on which ministers they like the best. READ »

What's going to happen in Sweden in 2012?

Analysis & Opinion: 30 Dec 11
With 2012 just around the corner, The Local wants to to hear from readers about what they think will be making news in Sweden in the year ahead. READ »

Sweden's five biggest news stories of 2011

Analysis & Opinion: 29 Dec 11
As 2011 draws to a close, The Local looks back at some of the stories that dominated headlines in Sweden in the past year. READ »

Sweden's growing wealth gap 'troubling': Borg

Business & Money: 29 Dec 11
Figures showing financial improvements for Sweden's middle and upper classes, at the same time the country's poorest have seen their incomes decline have given finance minister something to fret about. READ »

Swedes' disdain for the euro hits new heights

Analysis & Opinion: 27 Dec 11
The debt crisis plaguing the eurozone has left Swedes loving their cherished krona more than ever, a sentiment shared by non-euro country Denmark as well, as both struggle to keep the euro's woes from hurting their own economies. READ »

Change banks without changing account numbers: minister

Business & Money: 22 Dec 11
Letting Swedes hold on to their account numbers when switching banks is one way to put pressure on banks thought to be gouging customers with high mortgage rates, financial markets minister Peter Norman said Thursday. READ »

Sweden to support eurozone stability fund

Politics: 20 Dec 11
Sweden agreed on Monday night to help stabilize the euro by pledging to make loans to the International Monetary Fund to strengthen a eurozone bailout fund. READ »

Borg: ECB has to act on eurozone crisis

Business & Money: 30 Nov 11
Swedish finance minister Anders Borg has called for renewed pressure Wednesday on the European Central Bank (ECB) to stop the euro debt rot from bringing down the global financial order. READ »

No foreigners among Sweden's most powerful

National: 25 Nov 11
Sweden's top 100 most powerful people for 2011 are mainly politicians, men -- and Swedish -- according to Fokus Magazine's annual rankings. READ »

Tougher demands for Sweden's biggest banks

Business & Money: 25 Nov 11
Sweden on Friday announced plans to beef up the capital adequacy requirements for the country's four largest banks to help protect the Swedish banking system amid the ongoing eurozone debt crisis. READ »

Borg grabs top spot in Financial Times' ranking

Business & Money: 23 Nov 11
The Financial Times (FT) has elected Swedish finance minister Anders Borg as the best minister for finance in Europe for 2011, news met with scepticism by Borg's Social Democratic opponent, who claimed he would also have won the top spot if he had been finance minister. READ »

Healthcare firm denies letting old man die alone

Business & Money: 15 Nov 11
Healthcare provider Carema, recently ditched by the City of Stockholm after a series of revelations of neglect, has denied reports that staff left a dementia patient to die alone in front of a television. READ »

Sweden acts to curb corporate tax-avoidance

Business & Money: 14 Nov 11
Finance minister Anders Borg announced plans on Monday to close loopholes in the Swedish tax code following criticism that healthcare companies are using complicated schemes to avoid paying taxes in Sweden. READ »

Nordea CEO: I should have stayed in rented flat

Business & Money: 10 Nov 11
Nordea CEO Christian Clausen has responded to criticism of the bank's purchase of a 22.5 million kronor ($3.4 million) flat for him in Stockholm, as finance minister Anders Borg encouraged outraged customers to change banks. READ »

Borg: Berlusconi guilty of 'short-term populism'

Politics: 9 Nov 11
Sweden's finance minister Anders Borg on Wednesday gave his assessment of the Italian government's role in the EU sovereign debt crisis, accusing outgoing PM Silvio Belusconi of not having taken the situation seriously. READ »

Reinfeldt: danger not over for the euro

Politics: 27 Oct 11
Sweden's prime minister Fredrik Reinfeldt has warned that the settlement among eurozone leaders over the writing down of the Greek debt, has not removed the risks facing the single currency. READ »

Borg has 'worst' personal finances among Swedish ministers: report

Business & Money: 24 Oct 11
Swedish finance minister Anders Borg, known for lecturing Swedes about the dangers of borrowing too much money, has a mortgage worth more than the value of his home, according to new investigation. READ »

Borg: EU debt crisis not just a eurozone issue

Analysis & Opinion: 13 Oct 11
The current debt crisis is a concern for all of Europe, not just to eurozone countries, Swedish Finance Minister Anders Borg tells AFP's Nina Larsson, highlighting the vulnerability of banks and exports in Sweden as an example. READ »

Ministers tout 'Swedish model' to solve European debt crisis

Politics: 12 Oct 11
Swedish foreign minister Carl Bildt and finance minister Anders Borg have argued that a European solution to the debt crisis should draw upon the approach used by Sweden in the 1990s. READ »

Euro crisis a threat to Swedish banks: Borg

Politics: 12 Oct 11
Swedish finance minister Anders Borg warned on Wednesday that Swedish banks were "vulnerable" to the euro debt crisis, despite the country's strong public finances. READ »

Swedes propose EU debt crisis solution: report

Business & Money: 6 Oct 11
Swedish politicians are reported to be behind a proposal to allow the European investment bank (EIB) to play a key role in the rescue of troubled European banks. READ »

Borg: Greek budget plan could 'fall off the rails'

Business & Money: 4 Oct 11
Sweden's finance minister Anders Borg warned on Tuesday that Greece is at risk of missing budget targets demanded by international lenders in return for bailout funds. READ »

Swedish app developers to pay VAT twice

Science & Technology: 1 Oct 11
In a potentially huge blow to Swedish high tech companies, those selling mobile and tablet apps within the EU are set to face a double VAT hit. READ »

The Sweden Democrats - a year in the Riksdag spotlight

Analysis & Opinion: 29 Sep 11
A year has passed since the Sweden Democrats became Sweden’s newest parliamentary party and The Local’s Peter Vinthagen Simpson has a look at what has been achieved, what has not and what has changed. READ »

Reinfeldt rejects resignation rumour

Politics: 23 Sep 11
Sweden's prime minister Fredrik Reinfeldt has denied speculation that he intends to resign his post before the general election in 2014, and pave the way for current finance minister Anders Borg to take over. READ »

Budget 'too optimistic': Social Democrats

Politics: 20 Sep 11
Swedish finance minister Anders Borg defended the government's autumn budget proposal against charges that it was overly optimistic in a spirited Riksdag debate on Tuesday. READ »

Swedish budget focuses on labour market

Business & Money: 20 Sep 11
Sweden's government has outlined a raft of labour market initiatives in the budget presented on Tuesday, while its forecast for GDP growth has been slashed to 1.3 percent in 2012, warning that the reality could be worse. READ »

Borg: time to 'pressure' Italy and Greece

Business & Money: 8 Sep 11
Sweden's finance minister Anders Borg argued that more pressure needs to put on debt-laden Greece and Italy to improve their public finances amid growing concerns over debts carried by Europe's banks. READ »

Sweden slashes 2011 growth forecast

Politics: 26 Aug 11
Sweden's finance minister Anders Borg on Friday announced that the government had significantly lowered its growth forecast for 2011. READ »

Stock market continues downward slide

Business & Money: 19 Aug 11
The Stockholm stock market continued to fall on Friday, with the OMXS-index dropping nearly 4 percent within 30 minutes of opening and finishing the week down nearly 11 percent - and the lowest level since autumn 2009. READ »

Sweden to bolster banks against European debt crisis

Business & Money: 16 Aug 11
Swedish Finance Minister Anders Borg said Tuesday the government planned to implement measures to help ensure the country's banking sector avoid being pulled into the European debt crisis. READ »

Moderates push back promised tax cut plans

Politics: 16 Aug 11
Prime minister Fredrik Reinfeldt announced on Tuesday his Moderate Party was delaying plans to implement several tax reductions, citing increasing concerns about the state of the global economy. READ »

Swedish realtors fear falling property prices

National: 12 Aug 11
The continuing financial uncertainty looks set to have a bearing on what is traditionally one of the busiest weekends of the year for real estate agents in Sweden. READ »

Borg: growth forecast under revision

National: 11 Aug 11
Sweden's finance minister Anders Borg on Thursday warned that the government will need to revise down its strong economic growth expectations for 2012 due to the global financial market turbulence. READ »

Stockholm stock market in record fall

Business & Money: 9 Aug 11
The Stockholm stock market fell 5.2 percent on Monday - the worst fall in nearly three years. READ »

Borg promises restraint as stocks head south

Politics: 8 Aug 11
Sweden's finance minister Anders Borg on Monday promised a "cautious" economic policy as he commented on turbulence in global stock markets. Trading in Stockholm meanwhile nosedived as US markets opened. READ »

Stockholm stock market in shaky opening

Business & Money: 8 Aug 11
As expected the Stockholm stock exchange opened sharply down on Monday although after an hour's trading had rebounded into positive territory as the market battled to digest the weekend's global finance developments. READ »

Markets hit by 'buffalo herd' mentality: Borg

Business & Money: 5 Aug 11
Swedish finance minister Anders Borg attempted to reassure worried investors in the wake of stock market drops across Europe on Friday, but admitted that financial markets remained "turbulent". READ »

Absent Danish controls greet EU border mission

National: 15 Jul 11
European officials visiting Denmark's controversial controls on the border to Sweden on Thursday found to their surprise that there was no sign of the customs officers deployed earlier this month. READ »

Danes deploy increased border controls

National: 6 Jul 11
Denmark on Tuesday deployed 50 new customs officers at its borders with Germany and Sweden as part of a widely-criticised government plan to reintroduce permanent controls at border crossings. READ »

Sweden slams EU budget proposal

Politics: 30 Jun 11
EU's budget proposal has been heavily criticised by Sweden, with one MP calling it "the most provocative budget in EU history". READ »

Carl Bildt voted 'funniest' Swedish politician

Politics: 22 Jun 11
Swedes find foreign minister Carl Bildt to be the funniest politician and minister for enterprise and energy Maud Olofsson to be the most boring, according to a survey carried out by TV channel Comedy Central. READ »

Borg slams Gordon Brown as new IMF head

Business & Money: 19 May 11
Swedish finance minister Anders Borg on Thursday ripped the record of former UK PM Gordon Brown, while praising French finance minister Christine Lagarde amid speculation over who may become the new head of the IMF. READ »

Bildt: sex assault scandal shouldn't damage IMF

Politics: 18 May 11
Swedish foreign minister Carl Bildt said on Wednesday that he he does not expect the sex assault allegations against IMF head Dominique Strauss-Kahn to damage the global funding body. READ »

Borg positive to Danish border controls

National: 13 May 11
Sweden's finance minister, Anders Borg, sees no immediate problems with Denmark's decision to increase border controls between the two countries. READ »

Ministers flout Riksdag housing rules

Politics: 26 Apr 11
Several Swedish government ministers continue to violate Riksdag housing rules by refusing to give up temporary accommodations normally reserved for MPs, according to media reports. READ »

Alliance tax cuts top 100 billion kronor

Politics: 23 Apr 11
The center-right Alliance in Sweden has lowered taxes by over 100 billion kronor since 2006 with the most generous tax breaks going to those in work. READ »

Sweden set to enter the euro pact: Borg

Politics: 22 Apr 11
Swedish Finance Minister Anders Borg believes that Sweden will soon join the euro pact, following a major European Union decision regarding Swedish wage controls. READ »

National Debt Office opens up for Saab loans

Business & Money: 15 Apr 11
On Thursday the National Debt Office took a small step towards Saabs recovery by opening up for the cash-strapped carmaker to receive loans from other sources than the EIB. READ »

Labour market divides Swedish budget debate

Politics: 13 Apr 11
Sweden's finance minister Anders Borg emphasised falling unemployment figures in the budget debate in the Riksdag on Wednesday, while the Social Democrats argued that Sweden was suffering from "mass unemployment". READ »

Sweden projects budget surplus build-up

Business & Money: 13 Apr 11
The government expects a budget surplus by the end of the year, although Sweden's 2011 growth rate may not be as strong as previously forecast, according to the spring budget bill released on Wednesday. READ »

Riksbank rejects Swedish housing bubble fears

Business & Money: 5 Apr 11
Sweden's central bank does not believe the country is in the midst of a housing bubble, saying in a report published Tuesday that rapidly rising housing prices are due to natural developments in the market. READ »

Sweden to fight EU ruling on VAT for non-profit groups

Business & Money: 31 Mar 11
The Swedish government has announced that it is to "fight all the way" against an EU Commission ruling to reject an application to restrict the levy of VAT payable by non-profit groups. READ »

Juholt: 'There is another way, a different choice'

Politics: 26 Mar 11
Håkan Juholt, the new leader of Sweden's Social Democrat party, attacked the government's record on youth unemployment, child poverty and 'growing divides' in society, in his inaugural speech on Saturday. READ »

Sweden's Borg eyes post-election exit

Politics: 25 Mar 11
Sweden’s finance minister Anders Borg has admitted to deriving little enjoyment from his work and says he is looking forward to becoming a “normal person” with a “normal job” after the next general election. READ »

Swedish unemployment falls to below 8 percent

Business & Money: 17 Mar 11
Sweden's unemployment rate dropped to 7.9 percent in February according to official statistics, as the rapid recovery from recession gathered pace. READ »

Sweden boosts economic growth forecast

Business & Money: 4 Mar 11
Sweden hiked its 2011 economic growth forecast on Thursday, predicting a substantial drop in unemployment on the heels of upbeat economic statistics released earlier in the week. READ »

Borg bashes Swedish banks' booming profits

Business & Money: 2 Mar 11
Sweden’s Finance Minister Anders Borg wants to put the squeeze on Swedish banks, where profits have swelled, shareholder dividends ballooned, and interest margins on mortgages doubled. READ »

'Record growth' for Sweden's economy

Business & Money: 1 Mar 11
The Swedish economy expanded at a record 7.3 percent in 2010, a growth rate not seen in the country since 1970. READ »

Britain lauds Sweden's 'tiger economy'

Business & Money: 11 Feb 11
Sweden's economy came in for high praise on Friday when UK Chancellor of the Exchequer George Osborne revealed that he was keen to examine and learn from how the country has dealt with crises and handled its finances over the last 20 years. READ »

Sweden's Borg in bold unemployment promise

Politics: 3 Feb 11
Swedish finance minister Anders Borg has promised to bring the country's jobless rate down to 5 percent by 2014, putting Sweden "in the European elite" of low unemployment. READ »

Sweden's economy on display in Davos

Analysis & Opinion: 28 Jan 11
Sweden's strong economy is in focus at this year’s World Economic Forum in Davos, giving the centre-right Alliance government a chance to spread a new image of Sweden, writes Prime Minister Fredrik Reinfeldt and three of his ministers. READ »

Clinton praise as Sweden woos Davos

Business & Money: 28 Jan 11
Sweden's prime minister Fredrik Reinfeldt will on Friday address the ongoing World Economic Forum in Davos to explain Sweden's relative economic prosperity as ex-US president Bill Clinton joined the chorus of admirers. READ »

Sweden 'strong like Pippi Longstocking': OECD

Business & Money: 20 Jan 11
The head of the OECD compared the strength of the Swedish economy to that of the popular Astrid Lindgren's character during a conference in Stockholm on Thursday. READ »

'Financial crisis over in Sweden': Nordea

Business & Money: 19 Jan 11
The financial crisis is over in Sweden, Nordic financial services group Nordea declared in a report on Wednesday. READ »

Is Sweden's economic future paved with gold?

Analysis & Opinion: 19 Jan 11
The Swedish economy hasn't yet been dragged down by eurozone debt problems, and while growth is strong and exports are up, Sweden might still face a few economic bumps on the road ahead, the AFPs Marc Preel reports. READ »

'No Swedish loans to Spain': minister Borg

Business & Money: 18 Jan 11
The probability of Sweden assisting Spain and Portugal with loans when Euro countries decide on support is low, according to Finance Minister Anders Borg on Monday. READ »

Top Swedish execs less keen on the euro

Business & Money: 27 Dec 10
A number of prominent Swedish business leaders have become more sceptical towards Sweden joining the euro in the near future, but stressed their belief in the currency's viability in the long term. READ »

How Moderate success could doom the Alliance

Analysis & Opinion: 6 Dec 10
While Sweden's Moderate Party enjoys record high support, the struggle by its junior partners for recognition could ultimately spell the end of the four-party centre-right Alliance, contributor Naomi Powell explains. READ »

FT ranks Borg fourth of EU financial chiefs

Business & Money: 6 Dec 10
Swedish Finance Minister Anders Borg came in fourth among a ranking of 19 European finance ministers published by the Financial Times (FT) newspaper on Monday. READ »

Reinfeldt and Borg top Sweden power rankings

Society: 4 Dec 10
Prime minister Fredrik Reinfeldt and finance minister Anders Borg are Sweden’s two most powerful people for the second year in a row, according to a new ranking. READ »

Swedish economy posts record growth

Business & Money: 29 Nov 10
Sweden's economy continued its rapid expansion in the third quarter, easily beating analyst expectations and registering the highest year-on-year GDP growth rate on record, the national statistics agency reported on Monday. READ »

Sweden ready to open coffers for Ireland: Borg

Business & Money: 22 Nov 10
Sweden is prepared to lend Ireland up to 10 billion kronor ($1.46 billion) to help with the country's current debt crisis, Swedish finance minister Anders Borg said Monday READ »

Borg critical of possible eurozone bank bailouts

Business & Money: 12 Nov 10
Swedish Finance Minister Anders Borg sharply criticised senior politicians in the EU for bringing up the issue of whether private lenders should take a hit if financially strapped eurozone countries ask for help. READ »

Red-Greens propose billions for cities

Politics: 25 Oct 10
The Red-Green coalition has set aside 6.5 billion kronor ($991.2 million) more in its shadow budget for local governments than the centre-right Alliance government has for 2011. READ »

Sweden presents budget for 'full employment'

Politics: 12 Oct 10
Sweden's finance minister Anders Borg presented a budget for 2011 on Tuesday morning including 13 billion kronor ($2 billion) in new measures, promising to move Sweden from "crisis to full employment". READ »

Sweden amends growth forecast

Business & Money: 12 Oct 10
The Swedish government has forecast higher economic growth in 2010, but projects growth to slow more than expected in 2011 according to the financial outlook included in the budget proposition made public on Tuesday. READ »

Press reacts to Sweden Democrat 'spectacle'

Politics: 6 Oct 10
Leader pages across Sweden condemned as petty and immature the Sweden Democrats’ walking out on a bishop’s speech about racism on Tuesday, while others took aim at Fredrik Reinfeldt's new government. READ »

Economy trumps welfare worries in tight Swedish election

Analysis & Opinion: 21 Sep 10
With the final results hinging on a few thousand advance ballots, the 2010 elections marked a major shift in Swedish politics, while at the same time showing the power of a strong economy, writes contributor Roger Choate. READ »

Tempers flare in final party leader debate

Politics: 17 Sep 10
Mona Sahlin accused Fredrik Reinfeldt of spreading lies as the two traded jabs in a heated Thursday night debate pitting the leaders of Sweden’s seven Riksdag parties against each other just four days before election day. READ »

Alliance touts strong economy in election bid

Analysis & Opinion: 15 Sep 10
From speeches to press conferences, Sweden's ruling centre-right coalition has tirelessly pumped forth the country's sound economic performance in its re-election bid ahead of Sunday's election, writes AFP's Marc Preel. READ »

Election Q&A: the Moderate Party

Analysis & Opinion: 14 Sep 10
The Local has a quick Q&A with the Moderate Party's Anders Borg, among others, to learn more about the party's stance on a few key issues. READ »

Borg: Strong economic recovery continues

Business & Money: 8 Sep 10
Sweden appears to be making a spectacular recovery from the deep recession its export-reliant economy experienced during the global financial crisis. READ »

Borg warns against new EU bank tax

Business & Money: 7 Sep 10
Sweden has slammed what is sees as a 'detrimental' proposal for higher taxes on banks in Europe, cautioning on Tuesday that institutions would simply relocate to avoid the charges. READ »

Introducing the Moderates

Analysis & Opinion: 7 Sep 10
Here's a look at the Moderates, bidding to retain power and become the largest party in Swedish politics. READ »

Introducing the Alliance

Analysis & Opinion: 6 Sep 10
Here's a look at the centre-right Alliance, which is looking to win another term as Sweden's ruling coalition. READ »

Fiery debate over Red-Green spending plan

Politics: 1 Sep 10
Anders Borg on Wednesday took aim at the opposition’s "rampant" spending programme, prompting his Social Democratic counterpart to call the finance minister's analysis "defective and silly". READ »

Red-Greens present election manifesto

Politics: 31 Aug 10
The centre-left coalition presented their election manifesto on Tuesday, promising to cut taxes for pensioners, cheaper daycare, and incentives for employers to recruit young people. READ »

Sweden hikes growth forecast for 2010, 2011

National: 20 Aug 10
Sweden's government on Friday raised its economic growth forecast to 4.5 percent for 2010 and to 4.0 percent in 2011, a dramatic shift from previous estimates of 3.3 percent and 3.8 percent respectively. READ »

Svenska Spel chair to repay expenses

Business & Money: 19 Aug 10
Svenska Spel chair, former deputy prime minister Margareta Winberg, will repay more than 22,000 kronor ($2,982) that she received erroneously in expenses for her role, according to the company's report to the Ministry of Finance. READ »

Experts: politicians misled voters on pensions tax

National: 18 Aug 10
Sweden's politicians have been slammed by leading economists who argue that they are misleading the electorate by claiming that income taxes discriminate against pensioners, who in actual fact pay less tax than those in work. READ »

PM: mandatory jobs insurance unlikely

Business & Money: 17 Aug 10
Sweden's prime minister Fredrik Reinfeldt has said that the election 2006 promise to make unemployment insurance obligatory is unlikely to be realized during the next mandate period. READ »

Borg calls for renewed privatization drive

Politics: 8 Aug 10
Minister for Finance Anders Borg has indicated that the government intends to raise 100 billion kronor ($14 billion) by selling off the state’s shareholdings in a number of companies if voted back into power in September. READ »

Sahlin urges tougher EU fiscal sanctions

National: 7 Aug 10
Social Democrat leader Mona Sahlin has called for the EU to mete out tougher punishments to any member states found to have mismanaged their finances over a long period of time. READ »

Borg: economy will continue to strengthen

Politics: 5 Aug 10
The Swedish economy will continue to strengthen in coming months, Finance Minister Anders Borg has said. But he also warned that there remained risks to global economic stability. READ »

Thousands march in Stockholm Pride parade

Society: 1 Aug 10
An estimated 35,000 people took to the streets of Stockholm on Saturday for the city's annual Gay Pride parade. READ »

20 things to know before moving to Sweden

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »

How far can English take you in Sweden?

Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »

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