Business and the Election
2006-02-09As Sweden gears up for general and local elections in September, the secretary of the ruling Social Democratic Party has accused business and industry of siding with opposition parties. But she has had her hand slapped by two high level government ministers.
Afterwards both Minister for Industry Thomas Östros and Finance Minister Per Nuder criticised Marita Ulvskog. Östros told Swedish Radio News that industry investments continue to increase, and he doesn’t think the decision to offer dividends has anything to do with this being an election year.
Swedish companies have been criticised in the past for their reluctance to pay dividends to stockholders.