Friday, October 10, 2014

Andersson’s follow the EU line – Västerbotten Courier

Andersson's follow the EU line – Västerbotten Courier

The new government will largely follow the previous government’s policy regarding the EU’s economic policy.

– On many issues, I will now follow the positions that Sweden has previously had, for example, in terms of budgetary restraint, says finance minister Magdalena Andersson (S), after his first consultation with Parliament’s EU committee, for the meeting of EU finance ministers in Brussels next week.

She is still skeptical of the large investment package of 300 billion euros that the EU Commission’s next chairman Jean-Claude Juncker planning as a tool to boost the economy.

– It’s very unclear what that means. We will come back when it gets clearer, says Andersson.

To a question if it is not good investments, she answers:

– Obviously, increased investment to be a important part in ending the crisis and the IMF have also come up with policy recommendations that seek to increase investment. At the same time, this must be balanced against the fact that there are problems with the public finances in many countries, she says.

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