Swedish lawmakers elect PM Lofven to second term

Image
AFP Stockholm
Last Updated : Jan 18 2019 | 3:15 PM IST

Sweden ended a four-month political vacuum Friday when lawmakers elected Prime Minister Stefan Lofven to a second term, after he elbowed out the far-right to save one of Europe's few left-wing governments.

Lofven's new minority centre-left government - comprising his Social Democrats and the Greens - won the backing of the Centre and Liberal parties, until now members of the four-party centre-right opposition Alliance. Friday's vote wrapped up months of wrangling after September's inconclusive legislative elections.

Lofven ultimately made major concessions to the centre-right parties to win their support, notably pledging to introduce market rates for newly-produced rental housing and easing Sweden's strict labour laws.

The prime minister is expected to formally present his new government and its full programme on Monday.

It will be one of the weakest administrations in Sweden in 70 years, with just 32.7 per cent of voters having cast ballots for the two parties.

Together with the Centre and Liberals, the four parties hold 167 of 349 seats in parliament, eight fewer than the 175 that constitutes a majority in the Riksdag.

Under Sweden's political system, a government can operate as long as a majority of lawmakers do not vote it down.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 18 2019 | 3:15 PM IST

Next Story