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Free AccessFormer PM Rasmussen Poised For Kingmaker Role As Danes Head To Polls
With Denmark's general election taking place today, former PM Lars Lokke Rasmussen's centrist Moderates look set to emerge as the 'kingmakers' in most coalition-building scenarios. Opinion polls show that neither the leftist Red Bloc of parties backing PM Mette Frederiksen's Social Democrats, nor the opposition right-wing Blue Bloc are on course to win an overall majority of seats. This could leave the Moderates - a new party not aligned to either long-standing alliance - with the ability to lend its weight to either side, or indeed seek to create a new gov't.
- The broad state of the electoral outcome will become clear throughout the night, but a lengthy period of coalition negotiations is almost certain to be required in the weeks and even months ahead.
- Should the Moderates emerge as kingmakers, Rasmussen could side with either bloc or - as has been mooted - seek to create a new centrist administration pulling in the least extreme parties from the Red and Blue blocs.
- There is speculation Rasmussen could seek the PM's position, despite leading a party likely to hold fewer seats than the Social Democrats or the liberal conservative Venstre.
Chart 1. Danish General Election Opinion Polling by Bloc, % and 6-Poll Moving Average
Source: Voxmeter, Megafon, YouGov, Gallup, Epinion, 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.