Finland's prime minister Sanna Marin has conceded defeat in Sunday's parliamentary election, acknowledging that her left-wing government lost to the pro-business National Coalition Party (NCP). The NCP claimed victory with 48 seats, narrowly ahead of the nationalist Finns Party and Marin's Social Democrats.
The NCP leader Petteri Orpo vowed to "fix Finland" and its economy in a speech to supporters. He will have the first chance at forming a coalition to obtain a majority in parliament, marking the end of Marin's era as prime minister.
In her concession speech, Marin said that while she accepted defeat, she was proud of her party's achievements during her term. She acknowledged that Finland's economic resilience had been challenged by Europe's energy crisis, driven by Russia's war in Ukraine, and increased living costs.
Marin, 37, who is considered a millennial role model for progressive new leaders, has faced criticism at home for her partying and government spending. Despite this, she remains popular among many Finns, particularly young moderates.
The NCP's main goal is to reduce immigration from developing countries outside the European Union and implement austerity policies to curb deficit spending. The party shares these views with the Finns Party, which has promised to reduce "harmful" immigration and implement fiscal discipline.
Marin's foreign policy actions have been notable, particularly her push for Finland to join NATO following Russia's invasion of Ukraine. This process is now almost complete, with Helsinki expected to join within days after all 30 Western defense alliance members approved the accession.
The NCP leader Petteri Orpo vowed to "fix Finland" and its economy in a speech to supporters. He will have the first chance at forming a coalition to obtain a majority in parliament, marking the end of Marin's era as prime minister.
In her concession speech, Marin said that while she accepted defeat, she was proud of her party's achievements during her term. She acknowledged that Finland's economic resilience had been challenged by Europe's energy crisis, driven by Russia's war in Ukraine, and increased living costs.
Marin, 37, who is considered a millennial role model for progressive new leaders, has faced criticism at home for her partying and government spending. Despite this, she remains popular among many Finns, particularly young moderates.
The NCP's main goal is to reduce immigration from developing countries outside the European Union and implement austerity policies to curb deficit spending. The party shares these views with the Finns Party, which has promised to reduce "harmful" immigration and implement fiscal discipline.
Marin's foreign policy actions have been notable, particularly her push for Finland to join NATO following Russia's invasion of Ukraine. This process is now almost complete, with Helsinki expected to join within days after all 30 Western defense alliance members approved the accession.