Anders Borg crowned best finance minister

23 Nov 2011 Bloomberg

Background: FT votes Anders Borg of Sweden as top finance minister.


Presenter --

What should stronger economies do to help the indebted nations of Europe?


Anders Borg --

From my perspective, the only ones to really help the indebted countries are they themself. They need to deal with the debt situation. They need to strengthen their growth potential [Absolutely]

Obviously we could try to help them out. From our own perspective we would see the growth prospective deteriorate. We have some dry powder [Very interesting] so would obviously be ready to step in in such a situation with some further tax cuts and some stimulus measures, but always in the interests of stimulating demand from a Swedish perspective.




[On Eurobonds]

I tend to be very sceptical about those proposals.




[On closer fiscal ties for the Eurozone]

We all have to support the Euro group in their work to reform their decision-making process. They probably need a tougher fiscal rulebook. But it has to be supported at the national level. It cannot be something to impose from Brussels.

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[ptx89]

@bajskorvaren and there goes all credibillity

[bajskorvaren]

hahahha they marked schweiz not sweden, fucking morons