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Sweden Headed for New Political Era as Right Wing Nears Win

  • Right-wing bloc takes one-seat lead with 95% of vote counted
  • Prime Minister Andersson yet to concede election to opposition
Bloomberg business news
WATCH: Sweden’s right-wing coalition looks set to take power. Niclas Rolander reports.Source: Bloomberg
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Sweden’s coalition of right-wing parties looks set to secure a narrow victory in a general election that promises to rewrite the political map in the Nordic region’s biggest country.

The likely victory hinged on the rise of the anti-immigrant party, the Sweden Democrats, which saw the biggest gains of any of the parties on Sunday and now makes them the country’s second-largest political force.