The Fiscal Policy Council is issuing its sharpest criticism yet of fiscal policy. According to the expert authority, borrowing money to fund defense while simultaneously cutting income tax is striking. Future generations will have to pay, Council Chairman Lars Heikensten says.
BusinessThe Swedish Academy's crisis was completely unnecessary. If some of the central figures had acted differently, the crisis could have been avoided. This is what Lars Heikensten, who was CEO of the Nobel Foundation during the turbulent years, means in a new book.
EntertainmentIt is still unclear how the upgrade of the Swedish defense will be paid for. Finance Minister Elisabeth Svantesson points more to expenditure prioritizations, increased growth, and the balance target in the state budget being able to provide the billions rather than the tax being raised.
Swedish politicsThe Fiscal Policy Council, the government's watchdog in economic policy, wants to see a broad political agreement on what nuclear power is allowed to cost the state treasury and how the money is to be allocated.
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