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Swedish Political Brief: June 2022
A divided parliament closes and hard-fought elections loom.
June Takeaways:
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Parliament closes after dramatic votes, parties seeking to show pre-election initiative on law-and-order and helping pensioners against inflationary pressures.
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Russia’s war on Ukraine continues, while Sweden’s and Finland’s NATO membership applications go ahead after deal with Türkiye. The devil remains in the details, influenced by voter reactions in Türkiye as well as in Sweden.
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The September elections look like becoming a very close call. A disunited centre-left/left currently holds a fragile advantage over a more united centre-right/right. Whether the Liberals and Greens are in or out will probably be decisive.
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Due to fears of inflation and following other central banks, on 30 June the Riksbank tripled its policy rate to 0.75%, the biggest hike in 22 years.
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Almedalen political week comes back to post-covid life.
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