Sweden’s ex-Finance Minister hired to report on Finnish economy

Radio Sweden
Posted: Tuesday, October 14, 2014 at 20:23 — Last Updated: Wednesday, October 15, 2014 at 20:33
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Anders Borg announces he is leaving politics, following the general election results in Stockholm on September 15, 2014. (Jonas Ekstromer/AFP/Getty Images)

The former Finance Minister of Sweden, Anders Borg, is set to take on a new post with the Finnish government. He will be tasked with writing a report on the Finnish economy due for publication in the spring of 2015.

Anders Borg has been asked to write a report on the Finnish economy for publication in the spring of 2015.

The centre-right former Finance Minister of neighbouring Sweden recently left office after the victory of a centre-left coalition in parliamentary elections. He had served as Finance Minister from 2006 until 2014, and presided over a long boom in the Swedish economy.

Borg has been asked by the Cabinet Office to outline the challenges facing the Finnish economy. He’ll be expected to make recommendations for Finnish policy-makers ahead of the next parliamentary term, and will not be paid for his work.

Prime Minister Alexander Stubb said in a press release that Sweden provides an example of both prudent economic management and strong growth. Finland has struggled to recover from a lengthy recession, and was recently downgraded by the Standard and Poors credit rating agency.