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Kristersson Becomes PM As Party Discipline Holds In Parliament Vote

SWEDEN

Centre-right Moderate Party leader Ulf Kristersson is Sweden's new prime minister following a vote in the Riksdag (parliament). The new minority gov't comprises the Moderates, the social conservative Christian Democrats, and the centrist Liberals. This coalition will be supported from outside by the right-wing populist Sweden Democrats, the first time the party has not sat in opposition.

  • The vote passed along party lines with 176 in favour and 173 opposed.
  • The very narrow majority held by the Kristersson gov't and its supporters could make governing a difficult prospect.
  • Notably, the Liberals (with 16 seats) and the Sweden Democrats (on 73, the largest party in the governing group) sit on different sides of the fence on several issues and compromise will be needed from both parties if the gov't is to survive any notable period of time.
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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