Anders Borg

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Anders Borg
Magdalena Andersson
Personal details
Born
Anders Erik Borg

(1968-01-11) 11 January 1968 (age 56)
Stockholm, Sweden
Political partyModerate
Spouses
Susanna Ölander
(m. 1994; div. 2015)
(m. 2018; div. 2022)
Children3
Alma materUppsala University,
Stockholm University
OccupationEconomist

Anders Erik Borg (born 11 January 1968) is a Swedish politician who served as Minister for Finance in the Swedish government from 2006 to 2014. He is a member of the Swedish Moderate Party.

Youth and education

Borg was born in Skarpnäck, Stockholm but grew up in Norrköping, Östergötland County. He became a member of the Moderate Youth League in the upper secondary school in Norrköping. From 1988 to 1991 he studied political science, economic history, and philosophy at Uppsala University. He also attended Stockholm University from 1995 to 1997, where his studies in economics included participation in graduate level courses despite the fact that he had not completed a bachelor's degree. He has yet to earn an academic degree.

During his period at Uppsala University, Borg was chairman of the

drug legalization, on one occasion writing a newspaper article calling for drug decriminalization in Sweden.[1]
[2] He has admitted to smoking cannabis in his youth.[3]

Professional career

From 1990 to 1991, Borg was an editorial writer for the newspaper Svenska Dagbladet. Following the centre-right parties' victory in the 1991 general election, Borg became a Political Adviser at the Prime Minister's Office with responsibility for coordination of the Ministry of Health and Social Affairs, the Ministry of Public Administration, the Ministry of Culture and the Ministry of Education and Science. From 1993 to 1994 he served as a Political Adviser to Prime Minister Carl Bildt.

Following defeat of the Moderate Party in the

Skandinaviska Enskilda Banken (SEB) in Stockholm. Klas Eklund, senior economist at SEB, said that Borg "is very quick, he reads profusely, he soaks up information like a sponge and he's very receptive, very intelligent. Before he became minister of finance, he was a technocrat, a brilliant technocrat. He was like a volcano, always erupting with new ideas."[1]

From 2001 to 2002, he served as an adviser on monetary policy issues to the executive board of the Swedish central bank Riksbanken. He was recruited as Chief Economist of the Moderate Party in 2003 by Bo Lundgren and stayed in the team of the newly elected party leader Fredrik Reinfeldt. He also served as a member of the board of the Swedish Labour Market Administration (Swedish: Arbetsmarknadsstyrelsen) from 2005 to 2006.

Minister for Finance

Following the victory in the

centre-right cabinet led by Prime Minister
Fredrik Reinfeldt, that assumed office on 6 October 2006.

Borg has been recognised as the mastermind behind the new Swedish government's economic doctrine, focusing on

New Classical Economics
policies in his role as chief economist in the Moderate Party.

On 5 September 2007,

Minister for Defence Mikael Odenberg resigned from the cabinet due to disagreement with Borg regarding funds for the Swedish Armed Forces.[4]

On 29 November 2008, Borg, in an interview on Swedish

TV4, criticized US President-elect Barack Obama's economic agenda calling it "untenable".[5]

Although his policies have been described as economically liberal, Borg has a different view. "One can probably call me a quite pragmatic politician. For me, the highest priority is to make sure that we have sound public finances."[1]

Other work

Borg was advisor to the

Finnish government from 2014 to 2015. He was called for this work by the Moderate Party's Finnish sister party the National Coalition Party and its companion the Centre Party of Finland. The purpose was to use the reputation of Sweden and Swedes in marketing unpopular policies to Finnish people in a situation where International Monetary Fund
was in bad light due to its operations in Greece and Spain.

In 2015, Borg is deputy chairman of

Investment AB Kinnevik and Millicom. He resigned as deputy chairman of technology investment group Kinnevik and as adviser to Citigroup 2017 amid a scandal over his allegedly drunken behavior at a party.[6]
In 2018 Borg joined
AI
platform Amelia.
[7]

Personal life

Borg was previously married to Susanna "Sanna" Borg (

née Ölander), with whom he has three children. He used to live with his family in Bie, Katrineholm Municipality, Södermanland County. Borg has said that he will serve only two terms as Finance Minister, ultimately to spend more time with his family. Indeed, he describes his government service as "conscription," having never held an elected office.[1] Borg was in a relationship with Dominika Peczynski, a PR professional and 1990s pop music star with her former band Army of Lovers.[8] They married on 3 November 2018.[9] On 22 June 2022, Peczynski announced that she and Borg had filed for divorce without "time for reflection", meaning immediately.[10]

Unlike most of the Moderate Party members of the cabinet, Borg describes himself as a feminist.[11] In July 2017, Borg was involved in a scandal due to his behaviour at a party in Stockholm, where, heavily intoxicated, he is alleged to have acted in an extremely vulgar, invasive and obscene manner, showing off his private parts amongst other things.[12] He later apologised for this incident, claiming he had had a "blackout", "was under large pressure", and did not recall the events in question.[13]

See also

References

  1. ^ a b c d "Anders Borg: Sweden's long-haired maverick minister". The Local. 22 July 2009. Archived from the original on 2 July 2012. Retrieved 2 Jul 2012.
  2. ^ Hakelius, Johan (2006-03-27). "Räkna med Borg". Aftonbladet (in Swedish). Archived from the original on 2007-03-10. Retrieved 2007-07-30.
  3. ^ Holmqvist, Anette (2006-10-07). "Borg: Jag har prövat marijuana" [Borg: I have tried marijuana]. Aftonbladet (in Swedish). Archived from the original on 2012-07-24. Retrieved 2007-01-25.
  4. GMA News and Public Affairs
    . 2007-05-09. Retrieved 2010-09-10.
  5. ^ Wiman, Erik (2008-11-29). "Anders Borg sågar Obamas modell". Aftonbladet (in Swedish). Retrieved 2010-09-10.
  6. ^ Milne, Richard (7 August 2017). "Scandal at party costs Swedish ex-finance minister a job". Financial Times.(subscription required)
  7. ^ "Anders Borg börjar sälja Amelia AI" [Anders Borg begins selling Amelia AI] (in Swedish). MKSE.com. 2018-02-12. Retrieved 2018-03-14.
  8. ^ Svensson, Niklas; Selåker, Johannes (16 February 2015). "Anders Borg skiljer sig - hon är nya kärleken". Expressen (in Swedish). Retrieved 9 November 2015.
  9. ^ Anders Borg and Dominika Peczynski married (in Swedish) 2018-11-03
  10. ^ Anders Borg and Dominika Peczynski has filed for divorce (in Swedish) 2022-06-22
  11. ^ Olsson, Lova (2007-01-14). "Borg går gärna mot strömmen". Svenska Dagbladet (in Swedish). Retrieved 2007-01-25.
  12. ^ "Uppgifter: Anders Borg visade könet på fest – och hotade arrangören". Aftonbladet. Retrieved 2017-08-04.
  13. ^ Radio, Sveriges. "Anders Borg betedde sig olämpligt på fest – ber om ursäkt - Nyheter (Ekot)". Retrieved 2017-08-04.

External links

Government offices
Preceded by Minister for Finance
2006–2014
Succeeded by
Magdalena Andersson