- Saab’s current situation could have been avoided with a more alert government
- Germany supported their automobile industry
- 300 billion SEK in loans and grants
- 30 billion SEK in cash-for-clunker fees
- Sweden: Nothing
- The Swedish government is not interested in this type of industry. It is not an industry suited for the “future” they say.
- He does not want to criticize the government or EIB for their handling of the Antonov question
I have said this before, and I will say so again: Sweden is not an island. When other European countries act in a certain way, then political ideologies have to be put aside and solutions must be found. To ignore Germany’s actions in the situation that arose is to ignore the elephant in the room.
As a Norwegian, I know a thing or two about ignoring one’s industry. This strategy works for Norway, because Norway can float on its oil resources (until it runs out…). We have always envied Sweden for their successful industry, but this is about to change.
I hope someone at the press conference today will ask the government to explain why they are sitting idly by as EIB takes their sweet time processing the various requests made by Saab. I find it strange that a guarantor lets the lender get away with what effectively amounts to sabotage.