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Denmark Elects First Female PM

Leader of the Social Democrats, Helle Thorning-Schmidt arrives at the Parliament in Copenhagen, Denmark, September 16, 2011.

Denmark's Social Democratic leader Helle Thorning-Schmidt, 44, is set to become the country's first female prime minister, after her center-left bloc narrowly won general elections, ending a decade of center-right rule.

She began talks Friday to form a new government.

Prime Minister Lars Loekke Rasmussen conceded defeat late Thursday.

Thorning-Schmidt and Loekke Rasmussen share similar views on the economy, foreign policy, welfare and immigration, but differ in their outlook on taxes.

Thorning-Schmidt wants to avoid some of the country's planned austerity measures by raising taxes on wealthy Danes and banks. Loekke Rasmussen had ruled out any tax increases.

The Thorning-Schmidt is the daughter-in law of British Labor politician Neil Kinnock.

Some information for this report was provided by AP, AFP and Reuters.