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Free AccessGreens Collapse Gov't, New PM Andersson Could Face Another Vote
James Savage at TheLocalEurope tweets: "Not a good start for Sweden's PM-in-waiting Magdalena Andersson - her budget was just voted down in the Riksdag. So here's the where things are: Magdalena Andersson's Social Democrat-Green government will have to implement the opposition's budget, which includes cuts to fuel tax. But the Greens *hate* this and are rumoured to be about to jump ship. If the Greens leave the government, parliament will have to vote again on whether Andersson should be PM. And the Greens' conference has decided that the party can't support a government that doesn't include it. If this sounds messy, that's because it is."
- From Radio Sweden: "Sweden's Green Party will leave the minority coalition government with the Social Democrats, its spokespeople have just announced, following the government budget being voted down by the Swedish parliament this afternoon."
- "[Green] Party spokesperson Märta Stenevi says the party will however vote in favour of a new Social Democrat government with Magdalena Andersson if there is a new vote in parliament, should Andersson's government that was voted in this morning now resign. She says the Greens will not run the country on a budget negotiated by the Sweden Democrats."
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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.