Finland's Prime Minister Sanna Marin has conceded defeat in the country's parliamentary election, handing over power to the right-wing National Coalition Party. The NCP is expected to win 48 seats in parliament, narrowly ahead of the nationalist Finns Party with 46 seats and Marin's Social Democrats on 43 seats.
Marin, who was just 37 when she became the world's youngest prime minister in 2019, had been criticized for her partying and government spending. The NCP leader Petteri Orpo vowed to "fix Finland" and its economy, promising to curb spending and stop the rise of public debt.
Orpo will now have the first chance at forming a coalition to obtain a majority in parliament, marking the end of Marin's era as prime minister. Marin conceded defeat, saying that her party had gained support but did not finish first today. She also expressed concern about the economic resilience of Finland, which has been hit hard by Europe's energy crisis and rising cost of living.
Marin's Social Democrats have faced criticism for their lavish spending on pensions and education, with some conservatives seeing it as too extravagant. The NCP, on the other hand, has promised to reduce immigration from developing countries outside the European Union and implement austerity policies to curb deficit spending.
The Finns Party, which is considered openly racist by some critics, has also called for a reduction in immigration and stricter controls on public spending. Marin had previously clashed with the party's leader over her views on immigration, calling them "openly racist".
Finland's decision to join NATO, led by President Sauli Niinisto and Marin, has been one of the country's most notable foreign policy actions in recent years. The process is now almost complete, with Helsinki expected to join within days after all 30 members of the Western defense alliance approved the accession.
Marin will step down as prime minister, marking a significant shift for Finland's politics. Her Social Democrats have faced criticism for their handling of the economy and government spending, while the NCP promises a more austere approach to public finances.
Marin, who was just 37 when she became the world's youngest prime minister in 2019, had been criticized for her partying and government spending. The NCP leader Petteri Orpo vowed to "fix Finland" and its economy, promising to curb spending and stop the rise of public debt.
Orpo will now have the first chance at forming a coalition to obtain a majority in parliament, marking the end of Marin's era as prime minister. Marin conceded defeat, saying that her party had gained support but did not finish first today. She also expressed concern about the economic resilience of Finland, which has been hit hard by Europe's energy crisis and rising cost of living.
Marin's Social Democrats have faced criticism for their lavish spending on pensions and education, with some conservatives seeing it as too extravagant. The NCP, on the other hand, has promised to reduce immigration from developing countries outside the European Union and implement austerity policies to curb deficit spending.
The Finns Party, which is considered openly racist by some critics, has also called for a reduction in immigration and stricter controls on public spending. Marin had previously clashed with the party's leader over her views on immigration, calling them "openly racist".
Finland's decision to join NATO, led by President Sauli Niinisto and Marin, has been one of the country's most notable foreign policy actions in recent years. The process is now almost complete, with Helsinki expected to join within days after all 30 members of the Western defense alliance approved the accession.
Marin will step down as prime minister, marking a significant shift for Finland's politics. Her Social Democrats have faced criticism for their handling of the economy and government spending, while the NCP promises a more austere approach to public finances.