ocr: Sweden is a constitutional monarchy with an elected parliament under the leadership of the prime minister. Main Political Issues EUI membership In March 1994, Sweden agreed terms to join the EU.A referendum was held on November of that year in which 52%voted in favor ofmembership. High cost of the weltare state The cost of Sweden's welfare system has brought about an enormous budget deficit, equivalent to 15% of GDP in 1993.The govemment has to steer a difficult course between raising taxes and cutting benefits. Profile Swedish politics have traditionally been split between the monolithic Soci ...
