November 17, 2021
General News

Sweden faces political uncertainty as PM Lofven ousted by parliament

  • PM weighing whether to resign or call snap election
  • Vote called by anti-immigration Sweden Democrats
  • Left Party turned against govt over rent control easing
  • Economic impact of political crisis seen limited

STOCKHOLM, June 21 (Reuters) – Swedish centre-left Prime Minister Stefan Lofven was ousted in a no-confidence vote in parliament on Monday, plunging the country into deep political uncertainty as it tackles the COVID-19 pandemic.

Lofven, who was defeated after nearly seven years in power over a plan to ease rent controls for new-build apartments, now has a week to resign and hand the speaker the job of finding a new government, or call a snap election.

With parliament deadlocked and opinion polls showing centre-right and centre-left blocs evenly balanced, the political crisis may not be resolved quickly, though economists say this would be unlikely to have a big impact on the economy.

Read full article here: www.reuters.com