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Free AccessPM Solberg To Resign, Paving Way For Labour's Støre To Take Over
Following the 13 September legislative election, Norwegian PM Erna Solberg has formally submitted the resignation of her centre-right gov't following the conclusion of coalition talks between the centre-left Labour Party and the agrarian Centre Party. As expected, Solberg has recommended to the King that Labour leader Jonas Gahr Støre be invited to seek to form a gov't.
- Labour and the Centre Party will govern as a minority administration, holding 76 of the 169 seats in parliament. Talks with the Socialist Left Party to form a majority coalition collapsed due to disagreements on climate policy and tax. However, Norway has a long history of minority gov'ts and as such the lack of a majority should not be viewed as an indicator of immediate political uncertainty, especially given that snap elections are not possible under the Norwegian constitution.
To read the full story
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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.