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POLITICS

Borg best in popularity stakes

Swedish finance minister Anders Borg is ranked highly by his party colleagues while defence minister Sten Tolgfors and trade minister Ewa Björling scored low in the popularity stakes among their peers.

The finance minister claimed the backing of 71 percent of the Alliance coalition when politicians were given the chance to rate the performance of their political seniors. Only 3 percent meanwhile approved of the defence minister’s efforts.

Tolgfors is second from bottom among government ministers. Only trade minister Ewa Björling scores less, with a lowly two percent approval rating.

The figures were presented by Sveriges Radio and have been collected from a survey of 1,119 leading local government politicians in the four Alliance parties. 66 percent of the surveys sent were returned and the replies were equally divided across the coalition parties.

One of the questions addressed whether the respondent felt that any of the current ministers should leave the government. There were no votes for a new prime minister and only 1 percent of replies called for a change in finance minister.

But more than 20 percent opined that Sten Tolgfors should be replaced and almost as many would like to see the back of former Liberal Party leader Lars Leijonborg. Local councillor Bengt Sylvan in Stockholm suburb Danderyd is one of those who would like to see Tolgfors replaced.

“He is incredibly weak as defence minister and he is also a conscientious objector,” Sylvan said to Ekot.

The defence minister was unwilling to comment on his popularity ranking. Tolgfors it seems is at least able to draw on support from his home base of Örebro.

“This is not fair. Sten Tolgfors is doing a good job and carries out the ambitions set out by the Alliance at the last election – to keep the departments managed and running smoothly,” said party ombudsman Jan Zetterström.

Zetterstöm is confident that Tolgfors can feel secure and that he will be renominated for his parliamentary seat.

“The members know the job that he has done and the work he is doing now.”

Sten Tolgfors replaced Mikael Oldenberg as defence minister in September 2007. Oldenberg left the government in protest over cuts in the defence budget. Oldenberg is considered to have done a particularly good job by 21 percent of the local politicians surveyed.

The four party leaders are all among the top six in the rankings table. Aside from Anders Borg they are joined by foreign minister Carl Bildt who claims fourth place, ahead of Centre Party leader Maud Olofsson and health and social affairs minister Göran Hägglund.

POLITICS

Full steam ahead for Swedish economy in new three-part budget bill

Sweden has won the fight against inflation and expects GDP to grow next year, Finance Minister Elisabeth Svantesson proudly proclaimed as she presented the government's budget bill for 2025.

Full steam ahead for Swedish economy in new three-part budget bill

“Going forward, the task will be to ensure that high inflation does not return, and at the same time to implement reforms and investments that build a more prosperous, safer and more secure Sweden for generations to come,” said Svantesson in a statement on Thursday morning.

The government predicts that Swedish GDP will grow 2.5 percent next year followed by 3.2 percent 2026.

Unemployment, however, is expected to remain unchanged at 8.3 percent in 2025, only beginning to drop in 2026 (7.9 percent, according to the government’s predictions, followed by 7.6 percent in 2027).

Svantesson told a press conference that a strong focus on economic growth would create jobs.

The 2025 budget, worked out in collaboration between the right-wing government coalition and far-right Sweden Democrats, is far more expansionary than the restrained budget Svantesson presented last year when Sweden was still fighting high inflation: 60 billion kronor towards new reforms rather than 39 billion kronor for 2024. Almost half, 27 billion kronor, will go towards funding lower taxes.

ANALYSIS:

Svantesson highlighted three areas in which new reforms are prioritised:

  • Strengthening household purchasing power after several years of the high cost of living putting a strain on household budgets, with reforms set to push the tax burden to its lowest level since 1980, according to the government.
  • Reinstating the “work first” principle, meaning that people should work rather than live on benefits. Some of the measures include language training for parents born abroad and increasing the number of places in vocational adult education.
  • Increasing growth, focusing on investments in research, infrastructure and electricity supply.

In the debate in parliament on Thursday, the centre-left opposition is expected to criticise the government for lowering taxes for high earners and not investing enough in welfare. 

Investments in healthcare, social care and education are significantly reduced in this budget compared to last year: down from 16 billion kronor to 7.5 billion kronor. 

Meanwhile, the hike of the employment tax credit (jobbskatteavdraget) – a tax reduction given to people who pay tax on their job income – is expected to lead to a 3,671 kronor tax cut for people on the median salary of 462,000 kronor per year.

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