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Politics

Opposition not impressed by budget

Published tisdag 12 oktober 2010 kl 13.56
Thomas Östros, the Social Democrat's spokesman on finance.

The Social Democrat’s spokesman on financial issues, Thomas Östros has criticised the budget proposal put forward by the centre-right government parties for lacking proper measures to tackle unemployment.

When Minister of Finance Anders Borg presented the 2011 budget on Tuesday he said that one of the main focuses for the government was unemployment. But in an interview with news agency TT Östros said that the budget should focus more on small companies and invest more in county and city administrations as that would give an immediate boost on the job market.

“The big challenge is that unemployment could become entrenched and the risk is that by the next recession we are even further up,” he said.

Despite the government’s cheerful prognoses, he adds, unemployment is expected to stay at roughly 6 percent.

“It is unfortunate that the government doesn’t hang its head in shame, admits that they were wrong and make proper changes,” he said.  

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