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Magdalena Andersson

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Magdalena Andersson
Budgetpropositionen för 2022 (1 av 8) (cropped) (1).jpg
Andersson in 2021
Leader of the Social Democratic Party
Assumed office
4 November 2021
Secretary GeneralTobias Baudin
Preceded byStefan Löfven
Minister for Finance
Assumed office
3 October 2014
Prime MinisterStefan Löfven
Preceded byAnders Borg
Member of the Riksdag
Assumed office
29 September 2014
ConstituencyStockholm County
Personal details
Born
Eva Magdalena Andersson

(1967-01-23) 23 January 1967 (age 54)
Uppsala, Sweden
Political partySocial Democrats
Spouse(s)
Richard Friberg
(m. 1997)
Children2
EducationStockholm School of Economics
Harvard University

Eva Magdalena Andersson (Swedish pronunciation: [eːva maɡdalena andɛʂɔn]) (born 23 January 1967) is a Swedish politician and economist who has been serving as the leader of the Swedish Social Democratic Party since 4 November 2021.

On 24 November 2021, the Riksdag elected her as Sweden's prime minister, and she was due to take office on 26 November 2021; however, the collapse of her party's coalition with the Green Party, itself triggered by the Riksdag's adoption of the opposition's budget proposal after the defeat of the coalition's own budget, caused Andersson to resign a few hours after her election as prime minister. She then announced that she will seek the confidence of the Riksdag for a single-party Social Democratic government. A new vote has been scheduled for 29 November 2021.

If Andersson is confirmed by the Riksdag, she would become the first female Prime Minister of Sweden, thereby ending its status as the only Nordic country to have never had a woman serve as head of government.

Biography

Early life

Andersson is the only child of Göran Andersson (1936–2002), a lecturer in statistics at Uppsala University, and teacher Birgitta Andersson (b. 1939, née Grunell).

Andersson was an elite-level swimmer in her youth.

Education

During her high school years, Andersson studied social sciences at the Cathedral School in Uppsala. She graduated in 1987 with top grades in all but one class.

After graduating from high school, Andersson moved to Stockholm to study at the Stockholm School of Economics, where she graduated in 1992 with a master's degree in economics. She then worked as a doctoral student in economics at the Stockholm School of Economics from 1992 to 1995, but ended her studies in advance. In the autumn of 1994, she studied at the Institute of Advanced Studies in Vienna. In the spring of 1995, she studied at Harvard University.

Andersson joined the Social Democratic Youth League (SSU) in 1983, during her first year of secondary school. In 1987, she was elected president of the Uppsala section of SSU.

Career

Adviser and civil servant

After completing her studies in economics, Andersson gained employment in the Prime Minister's Office as a political adviser to Göran Persson from 1996 to 1998, and later served as Director of Planning from 1998 to 2004. She then spent time in the civil service, working as Secretary of state in the Ministry of Finance from 2004 to 2006, before leaving to again become a political adviser, this time to Opposition Leader Mona Sahlin, from 2007 to 2009. She left this role when the Government nominated her for the role of Chief Director of the Swedish Tax Agency, a position she held until 2012. She resigned upon her adoption as a Social Democratic candidate ahead of the 2014 general election.

Minister for Finance

Andersson with her first government budget (known as nådiga luntan) outside the Parliament on 23 October 2014

After the Social Democratic victory in the 2014 Swedish general election in which Andersson was elected as a member of the Riksdag, she was appointed as the Minister for Finance by new prime minister Stefan Löfven in his cabinet. As a result of coalition negotiations, while Andersson had overall responsibility for the Finance Ministry, Per Bolund was given responsibility for the oversight of financial markets and consumer protection as the Minister for Financial Markets. Andersson was reappointed as Finance Minister by Löfven following the 2018 election.

In 2020, members of the International Monetary and Financial Committee (IMFC), the primary policy advisory committee of the Board of Governors of the International Monetary Fund (IMF), chose Andersson to serve as Chair of the Committee for a term of three years. She became the first European in that role after more than a decade, as well as the first woman to hold that position.

In August 2021, Prime Minister Stefan Löfven announced he would resign as party leader at the Social Democratic Party Congress in November 2021. Andersson was quickly regarded by many as the candidate most likely to succeed him, and on 29 September, the Social Democratic Party nominating committee announced that Andersson had been chosen as leader-designate ahead of the congress; should the designation be accepted by the Riksdag, Andersson would become leader and Sweden's first female Prime Minister.

Leader of the Social Democratic Party

Andersson was elected Leader of the Swedish Social Democratic Party on 4 November 2021, becoming the party's second female leader after Mona Sahlin.

On 10 November, the incumbent prime minister Stefan Löfven formally resigned from office. As part of the 2021 Swedish government formation, the Speaker of the Riksdag held talks with all party leaders on 11 November and shortly after tasked Andersson with forming a government, giving her one week. On 23 November 2021, it was announced that Andersson had reached an agreement with the Left Party to support her at the upcoming prime ministerial vote. With the Centre Party having previously agreed to support her, Andersson had the support of the required number of MPs to become Sweden's next prime minister.

Prime minister-elect of Sweden

On 24 November 2021, Andersson was elected as Sweden's new prime minister by the Riksdag. At the time of her election, she would have assumed office formally on 26 November 2021. Although she did not receive a majority of "yes" votes, a majority did not vote against her due to abstentions, and this was sufficient to elect her as prime minister. Andersson would have been Sweden's first female head of government since universal suffrage was introduced in 1921.

A few hours after Andersson's election, her budget was defeated in the Riksdag. The opposition budget passed instead. Since the opposition budget was drafted with the support of the right-wing Sweden Democrats, the Green Party pulled out of the coalition rather than be bound to govern under it, leading Andersson to resign before taking office. This was based on the convention that a prime minister should resign if a party leaves the governing coalition. She notified Speaker Andreas Norlén that she would be interested in leading a Social Democratic single-party government.

She is expected to be reelected as prime minister, as all parties that supported her in the first vote (the Centre Party, the Green Party, and the Left Party), have indicated their willingness to support her when the Riksdag takes another vote on 29 November 2021.

Other roles

Personal life

Since 1997, Andersson has been married to Richard Friberg [sv], a professor in economics at the Stockholm School of Economics; they have two children. She and her husband are avid outdoors people; they often go hiking, kayaking and mountaineering.

Political offices
Preceded by Minister for Finance
2014–present
Incumbent
Party political offices
Preceded by Leader of the Social Democratic Party
2021–present
Incumbent