Sweden Chronology Sweden's history has been closely linked to the control of the Baltic Sea and its highly profitable trade routes. Under the house of Vasa, Sweden became a major power, controlling much of the Baltic region. By the 18th century, however, Sweden's position had been eroded by its regional rivals, particularly Russia. * 1814Ð1815 Congress of Vienna. Sweden cedes territory to Russia and Denmark. Period of 180 years of unbroken peace begins. * 1844 Oscar I becomes king. * 1859 Carl XV ascends the throne. * 1865–1866 Minister of Justice Louis De Greer reforms the Riksdag into a bicameral parliament. * 1872 Oscar II ascends the throne.* 1905 Norway gains independence from Sweden. * 1907 Gustav V becomes king. * 1911 First Liberal government. * 1914 Government resigns over defense policy. * 1914–1917 Sweden remains neutral though it supplies Germany. Allied blockade. * 1917 Food shortages. Conservative government falls. Nils Edén forms a Liberal government which limits exports contributing to German war effort. * 1919 Universal adult suffrage. * 1921 Finland gains Åland Islands, retribution for Sweden's war role. * 1932 Severe recession. Social Democrat government elected under Per Albin Hansson. * 1939–1945 Sweden neutral. Grants transit rights to German forces. * 1945–1976 Continuing Social Democratic rule under Tage Erlander shuns "Functional Socialism." Establishes Sweden as world's most advanced welfare state, and one of the most affluent. * 1950 Gustav VI Adolf becomes king. * 1953 Nordic Council member. * 1959 Founder-member of EFTA. * 1969 Erlander succeeded by Olof Palme as prime minister. * 1973 Carl XVI Gustav on throne. * 1975 Major constitutional reform. Riksdag becomes unicameral with a 3-year term. Role of monarchy reduced to ceremonial functions. * 1976 SDAP lose power. Non-socialist coalition led by Thorbjörn Fälldin in government. * 1978 Fälldin resigns over issue of nuclear power. Ola Ullsten prime minister. * 1979 Fälldin prime minister again. * 1982 Elections. SDAP forms minority government. Palme prime minister. * 1986 Palme shot dead. His deputy, Ingvar Carlsson, prime minister. Police fail to find assassin. * 1989 Palme murder suspect acquitted. * 1990 Carlsson introduces moderate austerity package. Cuts government spending, raises indirect taxes. * 1991 July: Sweden applies to join the EU. September: SDAP remains largest party but is unable to form government; Carlsson resigns. October: Carl Bildt, leader of the Moderate Party (MS), forms coalition of non-socialist parties. * 1992 Austerity measures succeed in reducing inflation. November: SDAP refuses to support further cuts in government expenditure. * 1993 Negotiations for EU membership begin. MS coalition survives vote of no confidence. * 1994 Terms of EU membership settled. September: elections bring in SDAP minority government.