Finland's Prime Minister Sanna Marin has conceded defeat in Sunday's parliamentary election, handing over power to the opposition National Coalition Party (NCP). Marin, who is just 37 years old and considered a millennial role model for progressive leaders worldwide, had been the world's youngest prime minister since taking office in 2019.
The NCP secured a majority of seats in parliament with 48 seats, narrowly ahead of the nationalist Finns Party, which won 46 seats. Marin's Social Democrats took 43 seats, according to election data.
In her concession speech, Marin acknowledged that the opposition party had received more support and gained more seats than her own party. She praised her team for their hard work and dedication, but admitted that the NCP had won the most votes in a tightly contested contest.
NCP leader Petteri Orpo vowed to "fix Finland" and its economy, promising austerity measures to curb deficit spending. He will have the first chance at forming a coalition government with a majority in parliament, which Marin's Social Democrats may join but not the Finns Party, whom Marin has described as "openly racist".
Orpo's speech was seen as a victory speech, where he expressed his party's commitment to reducing immigration from developing countries outside the European Union and cutting public debt. The NCP's policy aims were similar to those of the Social Democrats under Marin's leadership.
Finland's foreign policy priorities have been a key aspect of Marin's tenure, particularly her push for NATO membership following Russia's invasion of Ukraine. The accession process is now almost complete, with Helsinki expected to join the Western defense alliance within days after all 30 member countries approved the move.
Marin has been a popular leader among many Finns, particularly young moderates, but her government was criticized by conservatives for lavish spending on pensions and education.
The NCP secured a majority of seats in parliament with 48 seats, narrowly ahead of the nationalist Finns Party, which won 46 seats. Marin's Social Democrats took 43 seats, according to election data.
In her concession speech, Marin acknowledged that the opposition party had received more support and gained more seats than her own party. She praised her team for their hard work and dedication, but admitted that the NCP had won the most votes in a tightly contested contest.
NCP leader Petteri Orpo vowed to "fix Finland" and its economy, promising austerity measures to curb deficit spending. He will have the first chance at forming a coalition government with a majority in parliament, which Marin's Social Democrats may join but not the Finns Party, whom Marin has described as "openly racist".
Orpo's speech was seen as a victory speech, where he expressed his party's commitment to reducing immigration from developing countries outside the European Union and cutting public debt. The NCP's policy aims were similar to those of the Social Democrats under Marin's leadership.
Finland's foreign policy priorities have been a key aspect of Marin's tenure, particularly her push for NATO membership following Russia's invasion of Ukraine. The accession process is now almost complete, with Helsinki expected to join the Western defense alliance within days after all 30 member countries approved the move.
Marin has been a popular leader among many Finns, particularly young moderates, but her government was criticized by conservatives for lavish spending on pensions and education.