The Local Sweden

Government criticized over growth figures

Fri, 01 Aug 2008 17:10:00 +0200

The government has come in for stinging criticism over new figures indicating that Sweden's growth is at its lowest levels in seven years.

Spring budget predicts lower growth

Tue, 15 Apr 2008 17:26:00 +0200

The Swedish government, citing financial market turbulence, sharply revised down its 2008 growth forecast on Tuesday, predicting momentum of 2.1 percent rather than 3.2 percent announced late last year.

Victory for Sweden in EU beer row

Tue, 08 Apr 2008 15:58:00 +0200

Differences in taxes levied by Sweden on beer and wine don’t conflict with EU-regulations, according to a ruling by the European Court of Justice.

Borg lowers Swedish economic growth forecast

Thu, 03 Apr 2008 15:50:00 +0200

Swedish finance minister Anders Borg said he expects GDP growth of 2.1 percent in 2008 and 1.8 percent in 2009, news agency Direkt reported.

Court ruling could cost state billions

Tue, 25 Dec 2007 11:34:00 +0100

A recent Administrative Court ruling in a corporate tax case could reduce Swedish government coffers by up to 60 billion kronor annually.

Finance Minister pushes for pre-school reform

Tue, 13 Nov 2007 08:15:00 +0100

Finance Minister Anders Borg has called for children to be allowed to start pre-school at the age of three.

Borg warns of growth risk

Tue, 06 Nov 2007 12:56:00 +0100

Sweden's finance minister, Anders Borg, has said the government's growth prognosis could be hit by problems in the US and parts of Europe.

Flat owners 'lose out in budget'

Sun, 23 Sep 2007 13:09:00 +0200

Apartment owners in Stockholm are set to be the big losers in the government's new budget, unveiled last week. This is according to new calculations made by HSB, one of Sweden's biggest landlords.

Budget focuses on jobs and the environment

Thu, 20 Sep 2007 18:10:00 +0200

Benefit cuts, more money to bring down Sweden's CO2 emissions, and tax cuts aimed at the low paid. These were the highlights of Swedish Finance Minister Anders Borg's second budget, which he presented on Thursday.

More tax cuts in the pipeline

Wed, 27 Jun 2007 18:57:00 +0200

Sweden's Finance Minister Anders Borg has proposed further tax breaks for people in work. The tax breaks will lead to a reduction in income for the state of up to 10.8 billion kronor.

Property tax to be abolished on January 1st 2008

Tue, 03 Apr 2007 16:21:00 +0200

The government has announced that property tax is to be abolished from January 1st 2008.

Sweden's economy 'to grow faster than expected'

Fri, 23 Mar 2007 18:43:00 +0100

The Swedish economy will grow by more than expected this year and next year, the government has predicted, while unemployment will fall.

Borg in plane controversy

Fri, 02 Feb 2007 11:06:00 +0100

Finance minister Anders Borg has asked to be picked up from Skavsta Airport rather than Bromma when using the government plane, an arrangement that so far has cost Swedish tax payers around 80,000 kronor, Metro reports.

Finance minister: Swedish bosses overpaid

Mon, 18 Dec 2006 18:03:00 +0100

Sweden's finance minister Anders Borg has said that top Swedish bosses are overpaid, putting him at odds with leading industrialist Michael Treschow who said earlier this week that Swedish executives should be paid more.

Bolder steps needed to get Sweden's economy moving

Tue, 17 Oct 2006 21:46:00 +0200

The budget unveiled by the new Swedish government is far from being "neo-libertarian", as the Social Democrats have suggested. But the Alliance will need to embrace a more radical agenda if it is to deal with Sweden's economic problems, argues Nima Sanandaji, of think-tank Captus

Finance minister 'paid no tax for babysitter'

Tue, 17 Oct 2006 11:45:00 +0200

One of finance minister Anders Borg's previous babysitters has accused him of paying her cash-in-hand for what she claims was a taxable income. The woman, now 23, says she received 50 kronor per hour, bringing in a total of over 10,000 kronor per year.

Borg: No euro membership for Sweden

Tue, 10 Oct 2006 11:56:00 +0200

Sweden's new finance minister Anders Borg has said that Sweden will not join the euro in the foreseeable future.

Borg a surprise choice as finance minister

Fri, 06 Oct 2006 14:21:00 +0200

The choice the Moderate Party's chief economist Anders Borg as Sweden's new finance minister has surprised many analysts, although markets in Stockholm remained stable following the announcement on Friday.