Friday, February 20, 2009

Godmanis Goes

Two weeks after squeaking through a no confidence vote, Latvia's governing coalition has collapsed from within. As the crisis gets worse - GDP shrunk by 10.5% last month compared to the same time last year - nobody here has any trust left in politicians. The likeliest outcome is that the same four parties will form the next government and follow broadly the same policies as before, with the only change being the face at the front. For Godmanis the "moment of truth" has gone. Latvia's, you feel, is still to come.

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