The Trader 

Market Outlook: Swedish PM ousted

The Trader

As mandated, the 349 members of Sweden’s parliament voted 204 against to 142 in favour of PM Stefan Lofven keeping his position.  September’s general election produced a hung parliament with both the ruling centre-left and right parties, that have controlled the country for a century, losing a vast amount of ground.  Mr Lofven had refused to work with the rising Sweden Democrats, who in turn had backed the centre-right Alliance.  Another election is a possibility if ongoing talks fail to form a coalition government.

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