AIRLINK 72.35 Increased By ▲ 0.17 (0.24%)
BOP 4.99 Increased By ▲ 0.06 (1.22%)
CNERGY 4.35 No Change ▼ 0.00 (0%)
DFML 30.45 Increased By ▲ 1.96 (6.88%)
DGKC 84.30 Increased By ▲ 3.00 (3.69%)
FCCL 22.25 Increased By ▲ 0.75 (3.49%)
FFBL 32.65 Decreased By ▼ -0.40 (-1.21%)
FFL 9.86 No Change ▼ 0.00 (0%)
GGL 10.45 Decreased By ▼ -0.03 (-0.29%)
HBL 113.70 Decreased By ▼ -0.30 (-0.26%)
HUBC 135.70 Decreased By ▼ -4.30 (-3.07%)
HUMNL 10.03 Increased By ▲ 1.00 (11.07%)
KEL 4.71 Decreased By ▼ -0.02 (-0.42%)
KOSM 4.43 Increased By ▲ 0.05 (1.14%)
MLCF 37.98 Increased By ▲ 0.33 (0.88%)
OGDC 134.00 Increased By ▲ 0.30 (0.22%)
PAEL 27.59 Increased By ▲ 1.99 (7.77%)
PIAA 24.60 Increased By ▲ 0.62 (2.59%)
PIBTL 6.55 Increased By ▲ 0.07 (1.08%)
PPL 121.70 Decreased By ▼ -0.92 (-0.75%)
PRL 27.27 Increased By ▲ 0.20 (0.74%)
PTC 14.11 Increased By ▲ 0.51 (3.75%)
SEARL 60.40 Increased By ▲ 3.78 (6.68%)
SNGP 68.51 Decreased By ▼ -0.73 (-1.05%)
SSGC 10.32 Decreased By ▼ -0.02 (-0.19%)
TELE 8.70 Increased By ▲ 0.25 (2.96%)
TPLP 11.29 Increased By ▲ 0.01 (0.09%)
TRG 64.50 Increased By ▲ 3.29 (5.37%)
UNITY 25.22 Decreased By ▼ -0.11 (-0.43%)
WTL 1.53 Increased By ▲ 0.03 (2%)
BR100 7,608 Decreased By -21.9 (-0.29%)
BR30 25,058 Increased By 67.6 (0.27%)
KSE100 72,700 Increased By 98.1 (0.14%)
KSE30 23,398 Decreased By -140.8 (-0.6%)

STOCKHOLM: Swedish Prime Minister Stefan Lofven caught the nation off guard on Sunday, saying he would resign in November ahead of a general election in September 2022 to give his successor a chance to improve the Social Democrats' standing in the polls.

Lofven has been prime minister since 2014, but his two coalition governments with the Green Party have lurched from crisis to crisis, unable to command a majority in parliament.

The most recent setback saw Lofven, a former welder and union leader, resign in June after losing a no-confidence vote. He was returned to office by parliament in July when the leader of the biggest opposition party, the Moderates, failed to get enough backing to form a new government.

"In next year's election campaign the Social Democrats will be led by someone else than me," Lofven said in an annual summer speech. "Everything has an end and I want to give my successor the very best conditions." He said he would step down at the party's congress in November.

The government may not survive much longer than that as it does not have the support it needs to pass a budget in the autumn.

Lofven's possible successors include current Finance Minister Magdalena Andersson, Jenny Madestam, political scientist at Sodertorn University told Swedish news agency TT.

Madestam said Energy Minister Anders Ygeman, Justice Minister Morgan Johansson, Enterprise Minister Ibrahim Baylan or Health Minister Lena Hallengren could also be candidates. "Hallengren is less associated with the right or left of the party, and has proven to be an extremely skilled political leader during the corona pandemic," Madestam said.

Comments

Comments are closed.