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Latvian government heading for victory

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Latvian government heading for victory


Latvia’s centre-right government looks to have won the country’s general election according to exit polls and partial results.

If so it would be a triumph for Prime Minister Valdis Dombrovskis and give significant backing to IMF-led austerity measures.

Latvia has suffered from the worst recession in the EU and the PM’s already taken the country through harsh budget cuts and tax rises.

With two-thirds of the votes counted, the prime minister said it looked like his coalition had won an overwhelming majority.

“I think it gives the basis for continuing our work,” said Dombrovskis. “Of course, we will speak with everyone represented in the parliament and we’ll also try to find some common points with the opposition.”

Those talks could begin today. The main left-wing opposition party has opposed the austerity measures but the votes suggests most Latvians have accepted them as necessary.

The measures are aimed at paving the way for Latvia to join the euro. The economy’s begun to show a slow recovery from the huge 18 percent drop last year.

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