US News

Swedish Social Dems leader to get second try at forming government

© Reuters. Current Finance Minister and Social Democrat leader Magdalena Andersson attends a press conference after being appointed as the country’s new Prime Minister following a voting at the Swedish Parliament Riksdagen in Stockholm, Sweden November 24, 2021. And

STOCKHOLM (Reuters) – Social Democrat leader Magdalena Andersson, who resigned only hours after winning lawmakers’ backing as prime minister earlier this week, will get a second chance to form a government, the speaker of parliament said on Thursday.

Andersson’s resignation as prime minister on Wednesday was prompted by a decision by coalition partner the Greens to leave the government after the budget bill was defeated in parliament.

While elected by parliament, she had not had time to even formally take over the job from outgoing Social Democrat Prime Minister Stefan Lofven before she chose to step aside.

“My intention is, later this afternoon to nominate Magdalena Andersson to the post of Sweden’s prime minister,” the speaker told a news conference.

With no other obvious candidate, Andersson looks highly likely to win a second confirmation vote in the Riksdag.

The vote is expected to be held on Nov. 29.

The speaker said Wednesday’s events were “incomprehensible” to the Swedish people and that the parties’ actions damaged faith in parliament, the political system and in politicians themselves.

Andersson’s tribulations are the result of a fragmented parliament where neither the centre-left nor centre-right blocs can form a majority government, in large part due to the rise of the anti-immigration nationalists, the Sweden Democrats.

Like her predecessor, Andersson had hoped to govern as head of a minority coalition with the Greens with support from the Left and Centre parties. But the Centre party refused to back the budget, which prompted the Greens to quit the coalition.

See also  Microsoft: Ransomware is fastest growing scam attempt

Andersson will now try and form a single-party, minority government. Her Social Democrats have 100 seats in the 349-seat parliament. Sweden is due to hold a general election in September next year.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Leave a Reply