STOCKHOLM (Reuters) -Sweden’s Prime Minister Stefan Lofven said on Sunday he had agreed with parties supporting the government to offer a compromise regarding rent control, in an attempt to avoid losing a no-confidence vote in Parliament on Monday.
Lofven said the compromise would mean counterparts in the housing market would work to reach an agreement for a new rent setting model for new production, which has been the norm in Sweden.
“We are giving the counterparts an opportunity to find a solution. We now expect that other political parties are prepared to be responsible and not plunge Sweden into a political crisis,” Prime Minister Stefan Lofven told a news conference.
Earlier this week the opposition Sweden Democrats called a vote of no confidence scheduled for Monday, which Lofven looked set to lose after the Left Party withdrew its support for the government over a proposal to ease rent controls on newly built apartments. [L5N2O01LC]
(Reporting by Johan Ahlander and Anna Ringstrom; Editing by Emelia Sithole-Matarise)
