Waterloo is the place where Napoleon Bonaparte met his defeat at an epic battle in 1815. This song uses the battle as a metaphor for a woman who gives in and falls in love with a man - he's her "Waterloo."
Originally recorded in Swedish, it was ABBA's Swedish version that won the Eurovision Song Contest in 1974, giving the band a huge career boost.
This was one of many ABBA hits used in the 1994 movie Muriel's Wedding.
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