Sweden's political future remained unclear on Monday after the nationalist Sweden Democrats entered parliament for the first time and deprived the ruling coalition of an outright majority by just three seats.
The Moderate and Green parties both held press conferences on Monday afternoon calling for time to enable the election results to be completed, with Prime Minister Fredrik Reinfeldt promising an orderly process to a new Alliance government.
Swedish furniture giant Ikea is looking to expand further in Asia in the coming year, according to CEO Mikael Ohlsson, who added that the company’s sales continue to climb.
A consortium that includes Swedish insurance group Folksam said on Monday that will pay nearly $900 million to buy the Danish investment banking business of failed Iceland bank Kaupthing.
With the far-right Sweden Democrats headed to the Riksdag for the first time and the traditional dominance of the Social Democrats apparently broken for good, the Swedish press on Monday reflected on the consequences of a new political era.
Sweden has retained its place in the Davis Cup after Robin Söderling defeated Italy's Simone Bolelli in straight sets in Lidköping on Sunday.
One day after its history entry into parliament, the Sweden Democrats now await an invitation to join a coalition with the other parties. However, so far no parties have contacted leader Jimmie Åkesson.
Sweden's ruling Alliance coalition won the most votes, but fell short of a majority in Sunday's general election as the Sweden Democrats entered parliament for the first time.
The Local's correspondents bring you all the latest news from the Swedish election, live from the main parties' headquarters in Stockholm. See the drama unfold live here.
Swedish Prime Minister Fredrik Reinfeldt declared victory as near-final election results on Sunday showed his ruling Alliance coalition had the most votes in a hung parliament, where the Sweden Democrats could play kingmaker.
Social Democratic leader Mona Sahlin admitted her party had a dismal election, spoiling her bid to become Sweden’s first female prime minister, but vowed to fight the far-right, which entered parliament for the first time.
