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Free AccessElection On A Knife-Edge As Centre-Right Bloc Retains Slim Advantage
The Swedish general election remains too close to call, with the main opposition centre-right bloc of parties holding the slenderest of leads over the centre-left grouping of parties supportive of PM Magdalena Andersson's Social Democrats. Partial results show the centre-right bloc with 175 seats to the centre-left's 174 seats.
- Full results are not expected until Wednesday when all postal ballots and votes from Swedish citizens living abroad have been counted. Given the extremely close nature of the vote, these ballots could have a major impact on the balance of power after the vote.
- In any eventuality (the centre-left or centre-right winning a majority) there is likely to be a lengthy period of negotiation between political parties meaning a new gov't might not be in place for weeks or months. PM Andersson's gov't remains in place as a caretaker until a new administration is formed.
- Major questions over whether right-wing nationalist Sweden Democrats will form part of the next gov't, would be landmark moment for Swedish politics.
Source: resultat.val.se, MNI
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.