Finland's Prime Minister Sanna Marin has conceded defeat in the country's parliamentary election, handing over the reins of power to the right-wing National Coalition Party (NCP). The NCP leader, Petteri Orpo, claimed victory after his party won 48 out of 200 seats in parliament, narrowly ahead of the nationalist Finns Party with 46 seats.
Marin, who was just 37 when she took office in 2019, became the world's youngest prime minister. She had been a millennial icon for progressive leaders worldwide but faced criticism at home over her party's lavish spending and perceived lack of fiscal responsibility.
Orpo vowed to "fix Finland" and curb public debt, which has reached over 70% of GDP since Marin took office in 2019. He also promised austerity measures to address the country's economic woes.
Marin conceded defeat graciously, acknowledging that her party had not gained as much support as expected. She praised Orpo for his campaign, saying that it was an "excellent achievement," even if they did not win the most seats.
The Finns Party, which has long campaigned on reducing immigration from developing countries outside the European Union, also scored a significant victory in the election. The party's leader, Riikka Purra, called for policies aimed at curbing deficit spending and reducing public debt.
Marin's era as prime minister was expected to end with this election, and Orpo will now have the first chance to form a coalition government. Marin has said that her Social Democrats may govern with the NCP but will not go into government with the Finns Party.
The Finns Party had been gaining ground in recent months, but their lead over the NCP had narrowed significantly. The election result marks a significant shift in Finnish politics and sets the stage for a new era of governance under Orpo's leadership.
Marin, who was just 37 when she took office in 2019, became the world's youngest prime minister. She had been a millennial icon for progressive leaders worldwide but faced criticism at home over her party's lavish spending and perceived lack of fiscal responsibility.
Orpo vowed to "fix Finland" and curb public debt, which has reached over 70% of GDP since Marin took office in 2019. He also promised austerity measures to address the country's economic woes.
Marin conceded defeat graciously, acknowledging that her party had not gained as much support as expected. She praised Orpo for his campaign, saying that it was an "excellent achievement," even if they did not win the most seats.
The Finns Party, which has long campaigned on reducing immigration from developing countries outside the European Union, also scored a significant victory in the election. The party's leader, Riikka Purra, called for policies aimed at curbing deficit spending and reducing public debt.
Marin's era as prime minister was expected to end with this election, and Orpo will now have the first chance to form a coalition government. Marin has said that her Social Democrats may govern with the NCP but will not go into government with the Finns Party.
The Finns Party had been gaining ground in recent months, but their lead over the NCP had narrowed significantly. The election result marks a significant shift in Finnish politics and sets the stage for a new era of governance under Orpo's leadership.