World | Other World Stories
Reinfeldt ends 12 years of Social Democratic rule in Sweden
Twelve years of Social Democratic rule came to an end following Moderate Party leader Fredrik Reinfeldt's victory in Sweden's historic election on Sunday.
- Image Credit: AP
- Moderate Party leader Fredrik Reinfeldt’s victory in Sweden’s historic election ends 12 years of Social Democratic rule.
Stockholm: Twelve years of Social Democratic rule came to an end following Moderate Party leader Fredrik Reinfeldt's victory in Sweden's historic election on Sunday.
According to almost complete results from Sweden's Election Commission, Reinfeldt's party won 48.1 per cent of votes to 46.2 per cent for Social Democrat Prime Minister Goran Persson and his allies.
"Tomorrow we will wake up to a new Sweden," Reinfeldt said "We campaigned as the New Moderates, we won as the New Moderates and together with our alliance partners we will rule Sweden as the New Moderates."
Persson was one of Europe's longest-serving leaders after 10 years in office. Many people voted for change in the country, aiming to bring about fresh ideas.
The Moderate Party vows to cut taxes and trim back the welfare state to boost employment.
More from Other World Stories
More from World
News Editor's choice
-
Play your cards right with credit card interest
UAE Central Bank plans to cap interest rates, but are you paying thirty-five per cent now?
-
Credit profiles in six months
Credit profiles for individuals, firms to be made available to creditors in six months
-
Uncertainty ahead of UP vote
Seven-phase polling begins today in the testing ground for national parties

