Sweden’s Deficit Targets Slide as Job Losses Steal Election

Lock
This article is for subscribers only.

Sweden’s largest opposition party, which polls show will lead a new government after next month’s election, says job creation must take precedence over a budget surplus target if Scandinavia’s biggest economy is to regain momentum.

Stefan Loefven, the leader of Sweden’s Social Democratic party and the man poised to replace Fredrik Reinfeldt as prime minister after Swedes vote on Sept. 14, says his government will only commit to policies that create jobs.