Latvian gov't announces resignation
Latvian Prime Minister Aigars Kalvitis announced his government's resignation Wednesday in order to “cool down hot heads”.
Kalvitis paid a farewell visit to President Valdis Zatlers and announced his resignation. Meanwhile, Zatlers said he would have talks with three candidates for the prime minister position including Interior Minister Ivars Godmanis and former Finance Minister Valdis Dombrovskis. The president said he would not rashly select a prime minister, but would not delay the selection process either.
Earlier Wednesday, Kalvitis told a TV channel his resignation was the only solution to “cool down hot heads.” On Monday, nearly 10,000 people from every corner of Latvia staged a large-scale demonstration against the government led by Kalvitis in the capital, Riga.
Kalvitis' four-party coalition had come in for harsh criticism after it fired anti-corruption bureau chief Aleksejs Loskutovs on October 16. Kalvitis, in power since December 2004, is the longest-serving prime minister since Latvia's independence in 1991. (Xinhua)
ADVERTISEMENT
Hungary Trade Surplus at EUR 308 mln in April
Parl't Approves Amendments to Legislation on Judiciary
Masterplast Sets up JV with Market Épitő
Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
