Newly-Elected Swedish PM Andersson Resigns on First Day

Earlier in the day, the Swedish parliament voted to appoint Magdalena Andersson as prime minister. She became the first woman in the country's history to take office.

Newly-elected Swedish Prime Minister Magdalena Andersson resigned just hours after she was appointed, after her coalition partner, the Greens, quit the government.

"I have told the speaker that I wish to resign as prime minister," Andersson said during a news conference.

The decision to step down came after the draft budget proposed by the Swedish government had failed to gain majority votes in parliament as most of the lawmakers supported the draft proposed by the opposition. After that, the Green Party announced it would leave the minority coalition government with Andersson's Social Democrats.

Now, Andersson will reportedly start a new round of talks with party leaders and could end up facing another parliamentary vote, this time for a purely Social Democratic minority government.

Earlier this month, Stefan Lofven resigned from the post of prime minister over low public approval ratings. He said the party needed a new leader before next year's elections.

In 2014, Andersson assumed the post of finance minister - she’s also the first woman to hold this position.