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[BUSINESS] · Sweden · 6 sources

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Sweden fuel prices may rise amid political deadlock

Swedish gasoline and diesel prices may rise significantly due to potential political deadlock. Temporary tax reductions, which totaled 4 SEK per liter, are scheduled to expire in stages starting October 1.

If government negotiations are prolonged, a power vacuum may occur. Under political practice, a caretaker government typically avoids making active political or budget decisions to avoid complicating the work of an incoming administration. Political scientist Tommy Möller notes that extending the fuel tax cuts would likely be viewed as an active political initiative, which a caretaker government would generally not undertake.

Entities

Moderaterna · Socialdemokraterna · Tommy Möller

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