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15 September 2006

Sweden lurching to the right?

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UPDATE: 18 Sep 2006 Sweden goes right.
The stock market reacted positively to the centre-right win. The Stockholm stock exchange rose 1 per cent, led by companies with large state holdings such as travel group SAS, telecom operator TeliaSonera and Nordea, the Nordic region’s biggest bank.
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One in five Swedes on the dole, some analysts say. Youth unemployment as high as 25 percent. There is rising resentment about immigration.
WILL this weekend mark the end of the Swedish dream?

Astonishing as it seems, it is just possible that on Sunday Swedes will throw out the centre-left Social Democrats who have governed them for all but nine of the past 74 years.

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