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Archived edition · October 29, 2026 Today's news →

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Stalled 🛑

Speaker returns to rostrum with government formation stalled

The Speaker of the Riksdag will announce a new statement today as parliament navigates a period of inertia following the recent election. The move follows the ongoing difficulty for parties to piece together a stable coalition.

While the parties in parliament remain stuck, the public is moving. New polling shows the Moderates are nearly neck-and-neck with the Social Democrats. Prime Minister Ulf Kristersson, who has been noted for keeping his counsel on Nordic solidarity until he received a phone call from Vladimir Putin, faces a shifting political landscape.

Household budgets may face a familiar squeeze as gas prices push electricity costs higher ahead of the winter. Analysts are also debating whether the country can still be called a high-tax state, while the housing market shows signs of a recovery after the sharp declines of 2022.

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Political Developments and Government Formation

The Speaker of the Parliament is expected to make an announcement today regarding the ongoing process of government formation, a direct consequence of the continued political deadlock and the recent failure to form a centrist coalition by Centre Party leader Elisabeth Thand Ringqvist. New polling data indicates the Moderate Party is closing the gap with the Social Democrats. Additionally, Prime Minister Ulf Kristersson's actions regarding Nordic unity are highlighted, and former US President…

Economic Outlook and Consumer Concerns

Concerns are growing over a potential rise in electricity prices this winter, driven by recent increases in gas prices. Separately, new analyses delve into whether Sweden still qualifies as a high-tax country and examine the current dynamics of the housing market, speculating on a possible new boom after a significant decline in prices in 2022.

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