Saturday, February 21, 2009

Latvia's Government Falls

The worldwide financial crisis has claimed Latvia's government. As I discussed in an earlier post, economic challenges could change the election calendar in some post-Soviet states. Latvia's prime minister resigned on Friday, triggering speculation about the possibility of an early election. A new coalition agreement is possible, with several willing partners discussing alternatives. The likelihood of early elections seems low at the moment, but events in Riga over the next couple of weeks will determine if a new agreement is possible.

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