Flanked by finance minister Magdalena Andersson and the two spokespersons from the Greens, Gustav Fridolin and Åsa Romson, Löfven opened the press conference by criticizing the centre-right alliance as well as the Sweden Democrats.
"This is an unprecedented show of irresponsibility in Swedish politics", Löfven said. He accused the centre-right alliance of turning down invitations of cross-aisle cooperation, despite the political chaos this would create.
Löfven proceeded to say that the approved budget only benefits those who are already well off. Women, people with low income jobs, and the unemployed end up on the losing side, and there will be precious little money to spend on environmental efforts, added Andersson and Romson.
However, Löfven extended an invitation to all party leaders, except for the Sweden Democrats, to renew talks about cooperation across the political aisle in order to limit the influence of the Sweden Democrats.
"Now it's time for all party leaders to decide what type of future they want," he said.