Bloomberg Sweden’s political establishment contained a nationalist surge. Now it may need to throw away the old rules to form a viable government. Both of Sweden’s traditional blocs, one led by the Social Democrats and one by the conservative Moderates, claimed victory after Sunday’s election that’s still too close to call. The nationalist Sweden Democrats surged to about 17.6 percent, ...

Bloomberg European lawmakers will make final arguments on whether Hungarian Prime Minister Viktor Orban’s “illiberal” government should be subject to the European Union’s strictest sanctions for threatening democracy and the rule-of-law in the world’s largest trading bloc. The 751-member European Parliament has never before voted to trigger Article 7 of the EU treaty against a member state, which could ultimately ...

Bloomberg Bank of Montreal (BOM)’s chief executive officer says he doesn’t need to make another acquisition to meaningfully lift earnings from the US. “If we continue doing the things that we’re doing organically, I could see a third of the bank coming from US earnings,” Chief Executive Officer Darryl White, 47, said. “To get beyond that you’d have to resume ...