**A new minority centre-left coalition government under Prime Minister Mette Frederiksen was formed in early June 2026 following the March 24 parliamentary election, resetting the electoral clock for a full term ending no later than March 2030.** The four-party arrangement (Social Democrats, Socialist People’s Party, Moderates, and Social Liberals) holds 82 seats and relies on external support in the fragmented 179-seat Folketing, a common Danish pattern that has sustained prior minority administrations without immediate collapse. Recent September 2026 opinion polls show stable but modest support for the governing parties amid ongoing priorities such as Greenland security talks with the United States, defence spending, and domestic issues like cost of living and immigration. No major legislative defeats, coalition breakdowns, or sharp polling drops have emerged to signal an early dissolution. Frederiksen has publicly indicated readiness to lead through the current and next term, consistent with the absence of acute political pressure for another snap vote before year-end. Traders therefore assign high probability to the “No” outcome, viewing a second snap election within months of the last one as improbable absent unforeseen crisis.