Sweden's Prime Minister Magdalena Andersson announced her resignation on Wednesday after losing the election.

Andersson, also leader of the ruling Social Democratic Party, conceded defeat at a press conference following the election on Sunday.

She said she would hand in her resignation notice on Thursday after it emerged that the opposition blue bloc consisting of the Moderate Party, the Christian Democrats, the Liberal Party and the Sweden Democrats, had won 176 of the 349 seats in parliament.

Meanwhile Andersson's red bloc, consisting of her Social Democratic Party, the Left Party, the Green Party, and the Centre Party, won 173 seats.

"Tomorrow I will, therefore, request my dismissal as prime minister, and the responsibility for the continued process will pass to the Speaker and the Parliament," Andersson said.

She will now lead a transitional government until the new one has been installed, and thereafter she will lead the Social Democrats in opposition.

Despite the blue bloc ending up with three seats more than the red bloc, some analysts consider the blue bloc as fragile, since the Liberal Party has vowed not to tolerate a government that includes the Sweden Democrats.

Also, during the election campaign Ulf Kristersson, leader of the Moderate Party -- which after decades lost its position as Sweden's second largest party to the far-right Sweden Democrats -- repeatedly said that the Sweden Democrats would not be included in his government should his bloc be victorious.

"If it turns out that Ulf Kristersson's intended basis does not hold together, then of course my door is open," Andersson said. "We Social Democrats are ready to cooperate with anyone who wants to be part of the solution to the problems that Sweden is facing."

Andersson took over from Stefan Lofven as both leader of the Social Democrats and the country's prime minister last November, following a period of political turbulence. She therefore became Sweden's first female prime minister. Enditem

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