Finland's young and ambitious Prime Minister Sanna Marin conceded defeat in the country's parliamentary election on Sunday, ceding power to her right-wing opponents. The National Coalition Party (NCP), a pro-business party led by Petteri Orpo, won 48 seats, narrowly beating the nationalist Finns Party with 46 seats and Marin's Social Democrats with 43 seats.
The NCP leader vowed to "fix Finland" and its economy, promising to curb spending and stop the rise of public debt. Orpo will get the first chance at forming a coalition to obtain a majority in parliament, marking the end of Marin's era as Prime Minister.
Marin, just 37 years old when she took office, had been seen as a millennial role model for progressive leaders worldwide. However, her government has faced criticism for lavish spending on pensions and education, issues that resonated with conservative voters.
The NCP promised to reduce "harmful" immigration from developing countries outside the European Union and implement austerity policies to curb deficit spending, stances shared by the Finns Party. Marin's Social Democrats, meanwhile, may govern with the NCP but have ruled out partnering with the nationalist Finns Party.
Marin had been a key proponent of seeking NATO membership in the wake of Russia's invasion of Ukraine, which is now nearly complete, with Helsinki set to join within days after all 30 Western defense alliance members approved the accession.
The NCP leader vowed to "fix Finland" and its economy, promising to curb spending and stop the rise of public debt. Orpo will get the first chance at forming a coalition to obtain a majority in parliament, marking the end of Marin's era as Prime Minister.
Marin, just 37 years old when she took office, had been seen as a millennial role model for progressive leaders worldwide. However, her government has faced criticism for lavish spending on pensions and education, issues that resonated with conservative voters.
The NCP promised to reduce "harmful" immigration from developing countries outside the European Union and implement austerity policies to curb deficit spending, stances shared by the Finns Party. Marin's Social Democrats, meanwhile, may govern with the NCP but have ruled out partnering with the nationalist Finns Party.
Marin had been a key proponent of seeking NATO membership in the wake of Russia's invasion of Ukraine, which is now nearly complete, with Helsinki set to join within days after all 30 Western defense alliance members approved the accession.