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Free Access'Grand Coalition' Moves Into View As Social Dems, Venstre Hold Talks
A 'grand coalition' gov't involving PM Mette Frederiksen's centre-left Social Democrats and the main opposition centre-right Venstre (Liberals) is moving into view as talks continue between the two largest parties in parliament following the 1 November general election.
- DR reported Venstre leader Jakob Ellemann-Jensen saying on 28 November that, "We’ve spoken a lot about [the economy] so far. It’s a precondition for everything. And we will also talk about a ‘freedom reform’, meaning freeing citizens within our social welfare system. We will also speak about health reforms...Confidence is something you must build. We are working on that, so now I will go in and build confidence and have a discussion about the economy,”
- Last week, the far-left Red-Green Alliance and Alternative parties exited coalition negotiations, with Frederiksen seemingly more inclined towards a centrist gov't than a left wing administration that would hold an extremely narrow majority (all parties of the left combined would hold 90 of the 179 seats in the Folketing).
- Should talks with Venstre progress it could lead to the first gov't to involve the two parties since a short-lived administration in the late 1970s. Would need the support of the centrist Moderates of former PM Lars Lokke Rasmussen as well as smaller Faeroese or Greenlandic parties.
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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.