Bo Lundgren
Encyclopedia
Bo Axel Magnus Lundgren (born July 11, 1947) is a Swedish
politician. He is the former leader of the Moderate Party
. Lundgren was born in Kristianstad
in Skåne. Between 1991 and 1994, he served as Deputy Minister of Finance with special responsibility for taxation. He was also Minister for Sport.
He was elected party leader by the 1999 party congress, succeeding Carl Bildt
, but resigned only four years later in 2003, following poor results in the Swedish parliamentary election in 2002. He was succeeded by the pragmatist Fredrik Reinfeldt
. During the elections, Lundgren was perceived to be a technocratic politician who put a little too much emphasis on budget numbers and specific tax cuts, which might have contributed to the party's poor showing that year. He was criticised for promising to cut taxes by 130 billion
Swedish kronor
, a vision that according to his opponents might have jeopardised the welfare state
, although the number seems to have been calculated by political opponents.
Lundgren is still respected among many Moderates for his principled stand on issues as a leader, especially since Fredrik Reinfeldt has been pursuing more centrist policies.
In 2004, Lundgren was appointed to the post of director general of the Swedish National Debt Office
(Riksgäldskontoret). In 2008, Lundgren and Stefan Ingves, head of Sveriges Riksbank
, received much attention related to various actions taken in connection with the Financial crisis, including the nationalisation of Carnegie Investment Bank
.
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
politician. He is the former leader of the Moderate Party
Moderate Party
The Moderate Party is a centre-right, liberal conservative political party in Sweden. The party was founded in 1904 as the General Electoral League by a group of conservatives in the Swedish parliament...
. Lundgren was born in Kristianstad
Kristianstad
Kristianstad is a city and the seat of Kristianstad Municipality, Skåne County, Sweden with 35,711 inhabitants in 2010.-History:The city was founded in 1614 by King Christian IV of Denmark, the city's name literally means 'Town of Christian', as a planned city after the burning of the town of Vä...
in Skåne. Between 1991 and 1994, he served as Deputy Minister of Finance with special responsibility for taxation. He was also Minister for Sport.
He was elected party leader by the 1999 party congress, succeeding Carl Bildt
Carl Bildt
, Honorary KCMG is a Swedish politician, diplomat and nobleman. Formerly Prime Minister of Sweden from 1991 to 1994 and leader of the liberal conservative Moderate Party from 1986 to 1999, Bildt has served as Swedish Minister for Foreign Affairs since 6 October 2006...
, but resigned only four years later in 2003, following poor results in the Swedish parliamentary election in 2002. He was succeeded by the pragmatist Fredrik Reinfeldt
Fredrik Reinfeldt
John Fredrik Reinfeldt is the Prime Minister of Sweden, leader of the liberal conservative Moderate Party and former President of the European Council...
. During the elections, Lundgren was perceived to be a technocratic politician who put a little too much emphasis on budget numbers and specific tax cuts, which might have contributed to the party's poor showing that year. He was criticised for promising to cut taxes by 130 billion
1000000000 (number)
1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
Swedish kronor
Swedish krona
The krona has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it, but especially in the past, it sometimes preceded the value...
, a vision that according to his opponents might have jeopardised the welfare state
Welfare state
A welfare state is a "concept of government in which the state plays a key role in the protection and promotion of the economic and social well-being of its citizens. It is based on the principles of equality of opportunity, equitable distribution of wealth, and public responsibility for those...
, although the number seems to have been calculated by political opponents.
Lundgren is still respected among many Moderates for his principled stand on issues as a leader, especially since Fredrik Reinfeldt has been pursuing more centrist policies.
In 2004, Lundgren was appointed to the post of director general of the Swedish National Debt Office
Swedish National Debt Office
The Swedish National Debt Office founded by the Riksdag of the Estates in 1789, is a Government agency in Sweden. The first task of the Debt office was to finance the War against Russia started by King Gustav III....
(Riksgäldskontoret). In 2008, Lundgren and Stefan Ingves, head of Sveriges Riksbank
Sveriges Riksbank
Sveriges Riksbank, or simply Riksbanken, is the central bank of Sweden and the world's oldest central bank. It is sometimes called the Swedish National Bank or the Bank of Sweden .-History:...
, received much attention related to various actions taken in connection with the Financial crisis, including the nationalisation of Carnegie Investment Bank
Carnegie Investment Bank
Carnegie Investment Bank AB is a Swedish financial services group with activities in securities brokerage, investment banking and private banking....
.