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POLITICS

Borg and Batra climb up list of powerful Swedes

Unlike Samson, Finance Minister Anders Borg seems not to have been deprived of his powers after chopping off that signature ponytail, as he sprinted past the prime minister in an annual ranking of Sweden's most powerful people.

Borg and Batra climb up list of powerful Swedes
Anna Kinberg Batra and Anders Borg of the Moderate Party both landed in the top ten. File photo montage: TT/The Local

While Borg was quick to underscore that ruling the country was a "team effort", Prime Minister Fredrik Reinfeldt had to make do with second place on the list, published on Friday by Fokus Magazine.

Fokus political editor Torbjörn Nilsson explained Borg's rise was related to the fact that all actual power had been moved over to the finance ministry,  

"Number two on the list lets this politician, who's never put his name forward in any internal election, do what he wants. Power in Sweden 2013 belongs to this newly short-haired man," the editors commented in the official list.

Social Democrat leader Stefan Löfven maintained his hold on the number three spot, while Riksbank head Stefan Ingves jumped to fourth place, up from the tenth spot last year.

Jimmie Åkesson, head of the anti-immigration, far-right Sweden Democrats climbed to spot number five, up from 19th place in the 2012 ranking.

Anna Kinberg Batra of the Moderate Party also saw her star rise in the Fokus list, jumping from 15th to tenth place, the only other woman in the top ten besides Social Democrat financial policy spokeswoman Magdelena Andersson, who landed in ninth.

Fokus editors underlined that Kinberg Batra is a more likely successor to the leadership of the Moderate Party, and thus the bid for the prime minister post in the future, than Borg. 

With two women on the list, 2013 represented a 100 percent increase in females in the top-ten compared to last year.

READ ALSO: One woman makes Sweden's power top ten

"Power is still a very sensitive topic. Everybody wants it, nobody wants to talk about it," Fokus editor-in-chief Martin Ahlquist wrote in an editorial that underlined two trends in this year's list. That many Sweden Democrats were advancing in the ranking and that the boundary between politicians and businesspeople was becoming increasingly blurred, a trend which The Local has reported on previously

Ahlquist also pointed to the overwhelming whiteness of the list. 

"It is striking to what extent our powerbrokers, regardless of what part of society they represent, are to a large extent light skinned," he wrote. 

The first page of the Fokus spread, stretching all the way down to an oddly sun-burnt pic of former PM Göran Persson at spot 22, features people with Western European backgrounds. 

Exceptions on the list included Social Democrat rising star Ardalan Shekarabi in 68th place and author Jonas Hassen Khemiri at number 95, although there are a number of other people on the list who may have family ancestry outside Sweden such as like Dagens Nyheter (DN) managing editor Peter Wolodarski, whose parents came to Sweden from Poland in the 1960s.

Fokus Magazine's top ten most powerful people

1) Anders Borg, Moderate Party finance minister

2) Fredrik Reinfeldt, Moderate Party leader and prime minister

3) Stefan Löfven, Social Democrat leader

4) Stefan Ingves, head of the Swedish national bank the Riksbank

5) Jimmie Åkesson, Sweden Democrat leader

6) Karl-Petter Thorwaldsson, head of the Swedish Trade Union Confederation (LO)

7) Carl Bildt, Moderate Party foreign minister

8) Jan Björklund, Liberal Party (Folkpartiet) leader, education minister, and depute prime minister

9) Magdalena Andersson, Social Democrat shadow finance minister

10) Anna Kinberg Batra, Moderate Party leader in parliament

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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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