Finland's Prime Minister Sanna Marin conceded defeat in Sunday's parliamentary election to the right-wing National Coalition Party (NCP), which claimed victory in a closely fought contest. The pro-business NCP won 48 of the 200 seats in parliament, narrowly ahead of the nationalist Finns Party with 46 seats and Marin's Social Democrats on 43 seats, according to justice ministry election data.
Marin, who has been the world's youngest prime minister since 2019 at the age of 37, congratulated her successor and acknowledged that her party had lost support in recent months. Marin vowed that her Social Democrats would continue to serve Finland, but conceded defeat, stating: "We have gained support, we have gained more seats (in parliament). That's an excellent achievement, even if we did not finish first today."
The NCP leader Petteri Orpo promised to 'fix' Finland's economy and curb public spending, vowing to reduce the country's debt which has risen to over 70% of GDP since Marin took office. He will get the first chance at forming a coalition with the NCP aiming for a majority in parliament.
Marin's government was marred by criticisms of lavish spending on pensions and education, issues that have resonated with conservative voters who see them as not frugal enough. The Finns Party, which has promised austerity policies to curb deficit spending, shares this stance and has been gaining ground in polls for almost two years.
The NCP's leader Petteri Orpo accused Marin of eroding Finland's economic resilience at a time when Europe's energy crisis has hit the country hard and the cost of living has increased. The Finns Party's main goal is to reduce immigration from developing countries outside the European Union, a stance they share with the NCP.
Marin has been viewed as a millennial role model for progressive new leaders worldwide but at home, she faced criticism for partying and government spending that was seen as excessive by many Finns. The National Coalition Party's win has led to questions about Marin's future in politics.
Marin, who has been the world's youngest prime minister since 2019 at the age of 37, congratulated her successor and acknowledged that her party had lost support in recent months. Marin vowed that her Social Democrats would continue to serve Finland, but conceded defeat, stating: "We have gained support, we have gained more seats (in parliament). That's an excellent achievement, even if we did not finish first today."
The NCP leader Petteri Orpo promised to 'fix' Finland's economy and curb public spending, vowing to reduce the country's debt which has risen to over 70% of GDP since Marin took office. He will get the first chance at forming a coalition with the NCP aiming for a majority in parliament.
Marin's government was marred by criticisms of lavish spending on pensions and education, issues that have resonated with conservative voters who see them as not frugal enough. The Finns Party, which has promised austerity policies to curb deficit spending, shares this stance and has been gaining ground in polls for almost two years.
The NCP's leader Petteri Orpo accused Marin of eroding Finland's economic resilience at a time when Europe's energy crisis has hit the country hard and the cost of living has increased. The Finns Party's main goal is to reduce immigration from developing countries outside the European Union, a stance they share with the NCP.
Marin has been viewed as a millennial role model for progressive new leaders worldwide but at home, she faced criticism for partying and government spending that was seen as excessive by many Finns. The National Coalition Party's win has led to questions about Marin's future in politics.