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M. Continuo

Swedish parliament votes down government budget, crisis looms


    STOCKHOLM (Reuters) - Sweden's parliament voted down the minority centre-left coalition's budget proposal on Wednesday sparking a government crisis and raising the chance Prime Minister Stefan Lofven will call a snap election for early next year.

    Lofven has not said what he would do if he lost the vote.

    He could call a snap election or resign and hope the parliament speaker picks him to form a new government with enough support to pass a budget. If no party can form a stable government, there would automatically be a new election.

    Lofven will hold a press conference later today.

    (Reporting by Johan Sennero and Daniel Dickson)