Danish Prime Minister Helle Thorning-Schmidt has conceded the Social Democrat Party’s defeat to center-right rivals Thursday’s parliamentary elections and announced she is stepping down as the party’s head. Thorning-Schmidt, who has been in power since 2011, also said that the government is to be dissolved. Meanwhile, opposition leader Lars Lokke Rasmussen of the Liberal party said early Friday morning that the right wing now has “an opportunity” to form a new government. Rasmussen offered himself as the head of the new government.