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Article: ECONOMIC POLICY/SWEDISH EU PRESIDENCY : SETTING AN ECONOMIC COMPASS WITH STRICTER RULES.
- Article from:
- European Report
- Article date:
- July 2, 2009
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The European economy is in a bad way and Sweden has been more badly hit than many other EU countries. However, this has not dented the confidence of the new pilots of the European ship, Swedish Prime Minister Fredrik Reinfeldt and his Finance Minister Anders Borg.
As Reinfeldt said in Brussels recently when presenting his Swedish presidency plans: "In the autumn we will be facing the need for continuous crisis management. This must be done with vigour and intelligence. Many references have been made to the successful handling of the Swedish banking crisis in the 1990s, and I understand why."
Borg is just as confident: "One important instrument - and here ...