Lithuania: Premier’s Party Set to Lose Power After Election | Bloomberg

Lithuanian Prime Minister Algirdas Butkevicius’s Social Democrats were pushed into third place in parliamentary elections as voters voiced disquiet over pay and opportunities in the tiny Baltic nation that seven years ago became a trailblazer for European Union austerity. Sunday’s national vote left the Peasants & Green Union and the Homeland Union-Christian Democrats neck and neck on 21.6 percent with almost all ballots counted. The Social Democrats had 14.4 percent, with support for the ruling coalition they lead sinking on persistent emigration, sluggish salary growth and a procurement scandal that worsened already frosty ties with President Dalia Grybauskaite. “The dominant scenario is that the Peasants and Homeland will form the basis of a new center-right coalition,” Ramunas Vilpisauskas, director of the Institute for International Relations and Political Science at Vilnius University, said Monday by e-mail. With a second round of voting in single-mandate constituencies to come on Oct. 23, the “big intrigue” is which party will have a better bargaining position to nominate the next premier, he said.

Full Article: Lithuanian Premier’s Party Set to Lose Power After Election - Bloomberg.

Comments are closed.