Will the Riksdag approve a new Prime Minister before Jul 1, 2027?
If the Riksdag approves a new Prime Minister in a vote on the Speaker's proposal before Jul 1, 2027, then the market resolves to Yes. Secondary rules: The Speaker presenting or announcing a proposal for Prime Minister, a party leader being tasked with exploring a government, an announced agreement between parties, a Riksdag vote that rejects the Speaker's proposal, and the continued operation of the outgoing caretaker government do NOT qualify. A proposal is approved unless more than half of the Riksdag's members (at least 175 of 349) vote against it, so a proposal approved with more members voting no than yes still qualifies. Approval of a proposal naming any person qualifies, including outgoing Prime Minister Ulf Kristersson. So does approval by a Riksdag chosen in an extraordinary election. The approving vote itself counts; the later change of government at the Council of State is not required. Where the Riksdag has not approved a Prime Minister before a market's date, that market resolves to NO. Early close condition: This market will close and expire early if the event described in the Payout Criterion occurs.
