Latvian PM candidate proposes five-party government

Latvian PM candidate proposes five-party government
/ Saeima
By bne IntelliNews December 6, 2018

Aldis Gobzems, the leader of Latvia’s populist KPV party and the candidate for the Baltic state’s new prime minister, proposed a five party government coalition to be voted in the parliament possibly this week, local media report. 

Gobzems wants the New Conservative Party (JKP), the right-wing National Alliance, and centrists from Greens and Farmers Union and New Unity to be in his government.

“There is a sense of certainty that the new government will be approved [by the parliament],” Gobzems said, according to Leta.

An extraordinary meeting of the Latvian parliament, the Saeima, could be convened on December 7 to vote on the new government.

Gobzems is the second PM-designate after a government formation mission of Janis Bordans, the leader of the New Conservative Party (JKP) failed in November. Bordans could not overcome party divisions in a fragmented parliament that emerged as a result of the general election held on October 6.

The PM-designate has had two weeks to carry out the task of forming a new government, which, President Vejonis said earlier, needs to strengthen the “security of our country and of the financial system and build a balanced state budget.” 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Lithuania's Siauliu Bankas boosts Q1 net profit 17% to €22.5mn

Lithuania's Siauliu Bankas Group reported €22.5mn in first-quarter net profits, up 17% compared to a year ago, BNS, a Lithuanian newswire, reported on April 29. The group's net interest ... more

Swedbank Lithuania's Q1 net profit down 15% y/y to €84mn, revenue up 25%

Swedbank Lithuania, one of the country's largest Scandinavian banks, said that its first-quarter net profit fell by 15.2% year on year to €84mn, BNS, a Baltic newswire, reported on April ... more

SEB Lithuania's Q1 profit edges down by 2% to €74.2mn

SEB, one of Lithuania's largest banks by assets, earned a non-audited net profit of €74.2mn in January-March, down by 2% from the same period last year, BNS, a Baltic newswire, reported on ... more

Follow Us On

Most Read

  1. The models are wrong, climate change is accelerating faster than predicted
    7 days ago
  2. Russia already treating Bosnia’s Republika Srpska as an independent state
    6 days ago
  3. Cheap Russian drones overwhelm US-made Abrams tanks, taken out of action
    5 days ago
  4. Putinomics: Russia’s oil and gas revenue to double in April
    6 days ago
  5. Kuwait reacts angrily to being cut out of Iraq and Turkey’s transport project
    6 days ago
  1. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  2. Saudi Arabia to scale back plans for Neom city
    21 days ago
  3. Iran vs Israel: Who is better equipped for war?
    18 days ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    1 month ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    6 months ago

Reports

Dismiss