'Waterloo' voted best Eurovision song. 23/10/2005. ABC News Online

'Waterloo' voted best Eurovision song. 23/10/2005. ABC News Online: "'Waterloo' voted best Eurovision song

The worldwide hit Waterloo by the Swedish pop group ABBA has been voted the best song in the history of the Eurovision song contest.

A special show marking the 50th anniversary of the event was held in the Danish capital Copenhagen, and was broadcast to viewers in 31 countries.

ABBA broke up acrimoniously in the 1980s and was not present, but other winners did perform.

The Eurovision song contest has a huge following with many fans revelling in what critics say is a mix of kitsch costumes, bad music, vacuous lyrics and second-rate performances."