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Elisabeth Svantesson

Elisabeth Svantesson

Opposition Criticizes Swedish Government's 2026 Budget as Desperate Move
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Opposition Criticizes Swedish Government's 2026 Budget as Desperate Move

The opposition fears that the government's giant budget suggests that it has lost control and been struck by panic. It feels fairly desperate, says the Social Democrats' economic policy spokesperson Mikael Damberg
Svantesson Announces 80 Billion Kronor Budget Initiatives for 2026
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Svantesson Announces 80 Billion Kronor Budget Initiatives for 2026

The Government will make investments of 80 billion kronor in the budget for the election year 2026. A large part will go to "families and hardworking people"
Large Budget Initiatives Expected in Next Year's Swedish State Budget
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Large Budget Initiatives Expected in Next Year's Swedish State Budget

The Government is expected to strike with historically large initiatives in the state budget for next year, according to a number of experts. Finance Minister Elisabeth Svantesson (The Moderate Party) has raised expectations by talking about "decent stimuli" ahead of Thursday's announcement
Households to Benefit from Billions in 2026 Budget Prioritization
Sweden News

Households to Benefit from Billions in 2026 Budget Prioritization

Households are prioritized when the government negotiates the state budget for 2026. Reduced tax, increased child allowance and reduced food VAT are being discussed
Low-Price Stores Drive Down Food Costs in Swedish Municipalities
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Low-Price Stores Drive Down Food Costs in Swedish Municipalities

The mere presence of low-price stores presses food prices at other stores, shows a new report from Matpriskollen. But still, many municipalities are completely without a low-price alternative, because the municipalities say no
LO Criticizes Tax Cuts for Wealthy in Upcoming Swedish Budget
Business News

LO Criticizes Tax Cuts for Wealthy in Upcoming Swedish Budget

Invest in companies and lower taxes, is the Swedish Enterprise's advice to the government ahead of the autumn budget. Wrong medicine, according to the union
Sweden to Build New Nuclear Power for First Time in 50 Years
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Sweden to Build New Nuclear Power for First Time in 50 Years

The Government and The Sweden Democrats are pleased with Vattenfall's announcement to proceed with the nuclear power plans. For the first time in 50 years, new Swedish nuclear power will be built in Sweden, says Prime Minister Ulf Kristersson (The Moderate Party) at a press conference at Ringhals nuclear power plant
Swedish Economy to Recover with Family-Focused Budget Boost
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Swedish Economy to Recover with Family-Focused Budget Boost

The Government predicts better times next year, with a GDP growth of 3 percent. An expansive budget, with money for families and more for those who work, will help the Swedish economy to recover
Social Democrats Urge Crisis Package for Families and Jobs in Sweden
Sweden News

Social Democrats Urge Crisis Package for Families and Jobs in Sweden

The Social Democratic Party thinks that the government has failed with the Swedish economy. Now the party wants to see a crisis package for families with children and jobs
VTB Bank's Net Interest Income Drops 49 Percent Amid Rate Hike
Business News

VTB Bank's Net Interest Income Drops 49 Percent Amid Rate Hike

Significant profit declines from one of the country's largest banks are fueling concerns about stability in Russia's financial sector. At the same time, sources say the situation for the state-owned bank is worse than what the report shows
Sweden's Upcoming Budget Focuses on Households Amid Economic Challenges
Business News

Sweden's Upcoming Budget Focuses on Households Amid Economic Challenges

Households are in focus when the government presents its budget initiatives in September, predict several economists. They also expect the government to take drastic measures this time
Svantesson: Swedish Households' Caution Impacts Economy
Business News

Svantesson: Swedish Households' Caution Impacts Economy

Swedish households continue to hold tight to their wallets – and that dampens the economy. Finance Minister Elisabeth Svantesson (The Moderate Party) therefore does not rule out that the government may need to revise down its growth forecast once again
Kristersson Calls EU-US Customs Agreement Both Sweet and Sour
Business News

Kristersson Calls EU-US Customs Agreement Both Sweet and Sour

Prime Minister Ulf Kristersson (The Moderate Party) says that he thinks "both and" about the customs agreement that was concluded between the EU and the USA on Sunday evening. There is really both sweet and sour in this agreement, he says
Kristersson Aims to Boost Global Trade Amid US-China Talks in Sweden
Sweden News

Kristersson Aims to Boost Global Trade Amid US-China Talks in Sweden

The Swedish government has its own meetings with both China and the USA, who are in place in Sweden for the major trade meeting. We do not go into exactly what we are talking about, but quite obviously we are talking about the Swedish importance that we attach to global trade, says Prime Minister Ulf Kristersson (The Moderate Party)
USA and China Tariff Talks Set for Stockholm
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USA and China Tariff Talks Set for Stockholm

After London and Geneva, Stockholm will be the center for China and the US's customs negotiations on Monday. Sweden is a good place for this type of dialogue, says Carl Bergkvist, chief economist at the Stockholm Chamber of Commerce
EU Minister Criticizes Proposed EU Budget as Excessive
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EU Minister Criticizes Proposed EU Budget as Excessive

Right focus, but disproportionate. This is how EU Minister Jessica Rosencrantz (The Moderate Party) summarizes her view on the proposal for a new long-term budget in the EU
Svantesson: Sweden Must Strengthen Households Amid Economic Slowdown
Business News

Svantesson: Sweden Must Strengthen Households Amid Economic Slowdown

Households continue to hold back and the low-conjuncture proceeds. It is apparent that we will need to strengthen households going forward, says Minister for Finance Elisabeth Svantesson (The Moderate Party)
Sweden Expresses Concern Over EU Budget Negotiations
Business News

Sweden Expresses Concern Over EU Budget Negotiations

Investments in defense and growth, certainly. But also new own EU funds and continued billions to agriculture are promised in the next major long-term budget from Brussels
Magdalena Andersson Draws Largest Crowd at Almedalen 2025
Sweden News

Magdalena Andersson Draws Largest Crowd at Almedalen 2025

Under this year's Almedals week in Visby, the Social Democrats' Magdalena Andersson attracted the most listeners during the party leader speeches.
Sweden's Defense Budget Increase Sparks Debate on Future Burden
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Sweden's Defense Budget Increase Sparks Debate on Future Burden

NATO countries are in agreement. The requirement of 2 percent of GDP is increased to 5 percent
Svantesson: Young Swedes Losing Faith in Future Amid Challenges
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Svantesson: Young Swedes Losing Faith in Future Amid Challenges

Minister for Finance Elisabeth Svantesson (The Moderate Party) says that something has broken in Sweden and that young people have lost faith in the future. Sweden is in many ways fantastic, but there is something that grates, she says in her Almedalen speech
Nordea Economist Criticizes Government's Pessimistic Economic Outlook
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Nordea Economist Criticizes Government's Pessimistic Economic Outlook

Nordea's chief economist Annika Winsth believes that the government is too pessimistic about the Swedish economy. In addition, she is worried that the Minister of Finance will try to make everyone happy in the autumn budget
Government Lowers Swedish Growth Forecast Amid Global Uncertainty
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Government Lowers Swedish Growth Forecast Amid Global Uncertainty

The Government is writing down the forecast for Swedish growth significantly. I have used the word uncertainty many times and the uncertainty unfortunately becomes more pronounced and the risk side more problematic, says Finance Minister Elisabeth Svantesson (The Moderate Party)
Sweden Agrees on Defense Loans Amid Uncertainty Over Future Payment
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Sweden Agrees on Defense Loans Amid Uncertainty Over Future Payment

All parties agree that Sweden should borrow to quickly strengthen the defense. But after 2030, the strengthening should start being paid from the state budget
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