Anders Borg
Swedish Finance Minister Anders Borg, a libertarian economist, has combined tax cuts with spending cuts.
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This (the result of the talks) means that we are at the level of Tier 1 capital of 12 percent which we aimed at when we, Finansinspektion (the bank sector watchdog) and the Riksbank (the central bank) presented our view on this
Either we have strong banks or the taxpayers take the risk ... I prefer to have strong capital in the banks.
We are looking for a solution today but there is some progress that has to be made on capital requirementsMore quotes »
