Berliner Boersenzeitung - Sweden parties agree to form govt with far-right backing

EUR -
AED 4.050659
AFN 75.845549
ALL 98.7921
AMD 427.13611
ANG 1.989034
AOA 1021.196545
ARS 1071.644582
AUD 1.611058
AWG 1.985047
AZN 1.866559
BAM 1.954619
BBD 2.228374
BDT 131.880316
BGN 1.955606
BHD 0.415741
BIF 3201.752563
BMD 1.102804
BND 1.431374
BOB 7.626288
BRL 6.041493
BSD 1.103643
BTN 92.65006
BWP 14.598444
BYN 3.61175
BYR 21614.952002
BZD 2.224576
CAD 1.494807
CDF 3165.046422
CHF 0.938094
CLF 0.036481
CLP 1006.629167
CNY 7.774658
CNH 7.784333
COP 4617.284589
CRC 572.159483
CUC 1.102804
CUP 29.224297
CVE 110.196919
CZK 25.320596
DJF 196.533035
DKK 7.459701
DOP 66.360506
DZD 146.600125
EGP 53.318245
ERN 16.542055
ETB 133.373923
FJD 2.427546
FKP 0.83985
GBP 0.839868
GEL 3.010945
GGP 0.83985
GHS 17.4812
GIP 0.83985
GMD 76.093627
GNF 9528.329277
GTQ 8.536726
GYD 230.887355
HKD 8.564682
HNL 27.535612
HRK 7.497974
HTG 145.624653
HUF 401.431856
IDR 17072.558811
ILS 4.197205
IMP 0.83985
INR 92.596798
IQD 1445.726476
IRR 46414.247302
ISK 149.29707
JEP 0.83985
JMD 174.216316
JOD 0.781557
JPY 161.095901
KES 142.36146
KGS 93.142583
KHR 4479.334153
KMF 492.410261
KPW 992.522681
KRW 1470.467723
KWD 0.337346
KYD 0.919744
KZT 532.708132
LAK 24369.275808
LBP 98830.081919
LKR 324.354022
LRD 220.723634
LSL 19.29744
LTL 3.256292
LVL 0.667075
LYD 5.247877
MAD 10.780839
MDL 19.313506
MGA 5008.064895
MKD 61.577794
MMK 3581.863314
MNT 3747.326833
MOP 8.829165
MRU 43.599052
MUR 51.214415
MVR 16.93944
MWK 1913.67844
MXN 21.335724
MYR 4.6621
MZN 70.441557
NAD 19.29744
NGN 1827.996857
NIO 40.616564
NOK 11.703217
NPR 148.243774
NZD 1.776016
OMR 0.424613
PAB 1.103633
PEN 4.111016
PGK 4.393425
PHP 62.111048
PKR 306.425811
PLN 4.30717
PYG 8604.878862
QAR 4.022615
RON 4.976178
RSD 117.005254
RUB 104.489253
RWF 1495.323627
SAR 4.140551
SBD 9.198248
SCR 14.315512
SDG 663.337058
SEK 11.363846
SGD 1.429327
SHP 0.83985
SLE 25.196089
SLL 23125.235962
SOS 630.724628
SRD 33.972416
STD 22825.809491
SVC 9.657165
SYP 2770.827243
SZL 19.288695
THB 36.336746
TJS 11.742345
TMT 3.859813
TND 3.380412
TOP 2.582878
TRY 37.759882
TTD 7.485477
TWD 35.328865
TZS 3004.17728
UAH 45.453461
UGX 4042.502489
USD 1.102804
UYU 46.231438
UZS 14079.493011
VEF 3994964.242646
VES 40.736551
VND 27294.390921
VUV 130.927068
WST 3.085052
XAF 655.572785
XAG 0.034255
XAU 0.000414
XCD 2.980382
XDR 0.814523
XOF 655.566844
XPF 119.331742
YER 276.08721
ZAR 19.230718
ZMK 9926.557222
ZMW 29.108676
ZWL 355.102333
  • CMSD

    -0.0400

    24.89

    -0.16%

  • SCS

    -0.2500

    12.62

    -1.98%

  • RBGPF

    58.9300

    58.93

    +100%

  • CMSC

    -0.0400

    24.74

    -0.16%

  • NGG

    -1.8100

    66.97

    -2.7%

  • BCC

    -1.2400

    138.29

    -0.9%

  • GSK

    -1.0800

    38.37

    -2.81%

  • RIO

    -0.9900

    69.83

    -1.42%

  • AZN

    -1.6500

    77.93

    -2.12%

  • JRI

    -0.0800

    13.3

    -0.6%

  • RYCEF

    0.0800

    6.98

    +1.15%

  • VOD

    -0.0500

    9.69

    -0.52%

  • RELX

    -0.6800

    46.61

    -1.46%

  • BCE

    -0.6000

    33.84

    -1.77%

  • BP

    0.0900

    32.46

    +0.28%

  • BTI

    -0.8600

    35.11

    -2.45%

Sweden parties agree to form govt with far-right backing
Sweden parties agree to form govt with far-right backing / Photo: Jonathan NACKSTRAND - AFP

Sweden parties agree to form govt with far-right backing

Three Swedish right-wing parties will build a minority government with the unprecedented backing of the far-right Sweden Democrats, the four parties said Friday, immediately unveiling plans to construct new nuclear reactors as well as crack down on crime and immigration.

Text size:

The incoming government will be made up of the Moderates, Christian Democrats and Liberals, with the far-right Sweden Democrats remaining outside the coalition but providing key support in parliament.

The four presented a roadmap Friday for their cooperation, outlining measures to address rising crime, immigration, energy policy, healthcare, education and the economy.

"Change is not just necessary, but possible, and the four of us can deliver that", conservative Moderates leader Ulf Kristesson told reporters.

Parliament will vote on Kristersson as the new prime minister on Monday and the future government is expected to take office on Tuesday, just over a month after the right-wing won a narrow victory in a general election that ousted the Social Democrats after eight years in power.

The four right-wing parties together hold 176 of 349 seats in parliament.

The anti-immigration and nationalist Sweden Democrats, once shunned as pariahs on Sweden's political scene, were the big winners of the September 11 vote.

They emerged as the country's second-largest party with a record 20.5 percent of votes, behind outgoing prime minister Magdalena Andersson's Social Democrats, which have dominated Swedish politics since the 1930s.

While far-right leader Jimmie Akesson said he "would have preferred to sit in government", he stressed that most important was that his party, as the biggest right-wing party, have influence over policy.

"We are going to deliver policy, especially in those areas our voters think are extra important, and crime policy is one such area", he told reporters.

- Concessions -

While the quartet presented a united front on Friday, they have traditionally been divided on a number of key policy areas and major concessions were made in the agreement, primarily to meet the far-right's demands.

Sweden has struggled to contain soaring gang shootings and violence, and the roadmap calls for an introduction of visitation zones in some disadvantaged areas, harsher sentences for repeat offenders, double sentences for certain crimes and anonymous witnesses -- all major concessions by the small Liberal party.

The incoming government also plans to make major cuts in Sweden's generous refugee policy, reducing the number of quota refugees from 6,400 last year to 900 per year during its four-year mandate.

It will also ditch Sweden's development aid target of one percent of gross national income and introduce a national ban on begging.

The four parties also agreed to not reduce unemployment benefits, a major concession to the far-right by the Moderates.

"What has been most important to the Sweden Democrats is that the change of government represent a paradigm shift", Akesson said.

Meanwhile, the future government also announced plans to build new nuclear reactors to meet the country's rising electricity needs.

"New nuclear reactors will be built", the leader of the Christian Democrats Ebba Busch told reporters.

"We are going to meet our end of the Paris Agreement, but without destroying companies' and Swedish households' finances. The goal going forward is electrification and the way there is nuclear power", she said.

The Scandinavian country voted in a 1980 non-binding referendum to phase out nuclear power.

The country has in recent years shut down six of its 12 reactors and the remaining ones, at three nuclear power plants, generate about 30 percent of the electricity used in the country today.

But it has struggled to find viable alternative energy sources to replace nuclear power, with renewable energies not yet able to fully meet its needs.

The outgoing Social Democratic government, in power for the past eight years, has traditionally been opposed to the construction of new reactors but acknowledged earlier this year that nuclear energy would be crucial for the foreseeable future.

Swedish energy group Vattenfall said therefore in June it was examining the possibility of building at least two small modular nuclear reactors (SMRs).

(F.Schuster--BBZ)