Socialists drop out of Denmark's government over planned sale of stake in energy company

COPENHAGEN – A small socialist party has quit Denmark’s coalition government amid discord over plans to sell a stake in state-controlled Dong Energy to Goldman Sachs and other investors.

The other two parties in the centre-left government back the sale but the Socialist People’s Party was split on the issue.

After more than a year of infighting, party leader Annette Vilhelmsen resigned Thursday and the party withdrew its six ministers from the 23-member Cabinet.

The move weakens Prime Minister Helle Thorning-Schmidt’s coalition but it’s expected to stay on as a two-party minority government because it still has the support of the socialists in Parliament.