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Reuters
Reuters
Business
By Simon Johnson

Sweden Democrat surge a chance and a challenge for right-wing PM hopeful

FILE PHOTO: Moderate party leader Ulf Kristersson delivers a speach at the Moderate party election watch at the Clarion Sign Hotel, in Stockholm, Sweden, September 11, 2022.TT News Agency/Fredrik Sandberg via REUTERS

Moderate leader Ulf Kristersson's big bet that a deal with the anti-immigration Sweden Democrats would make him prime minister looks likely to pay off, but squabbling allies, policy divisions and a cost-of-living crisis could make his tenure turbulent.

Kristersson's Moderates, the Sweden Democrats, the Christian Democrats and the Liberals hold a wafer-thin lead for the right after Sunday's election, although some votes have yet to be counted. That means the result could yet swing in favour of current Prime Minister Magdalena Andersson, whose Social Democrats are set to remain the largest party in parliament.

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