Connect with us

Hi, what are you looking for?

Smart Success Strategy – Investing and Stock NewsSmart Success Strategy – Investing and Stock News

Investing

Finland center-right candidate Alexander Stubb declares presidential victory with nearly 52% of vote

Finns headed to the polls Sunday to cast their votes for president, and after a close race, ex-Prime Minister Alexander Stubb of the center-right National Coalition Party narrowly ousted liberal Green Party member Pekka Haavisto.

Stubb, a former prime minister, declared himself the winner in the run-off vote after netting 51.6% of the votes to Haavisto’s 48.4%, after 99.7% of the ballots had been counted, Reuters reported.

As president, Finland’s new head of state will take on issues like the country’s security and foreign policy, as well as its stance toward Russia, which it shares a border with.

Stubb is pro-European and has strongly supported Ukraine while taking a tough stance against Russia.

The presidential victor said in televised comments that he considered his win ‘the greatest honor’ of his life.

‘The feeling is calm, humble but, of course, at the same time, I am extremely happy and grateful that the Finns in such large numbers have voted and that I get to serve as president of the Republic of Finland,’ Stubb said.

Finland headed into a runoff presidential election after Stubb won the first round with 27.2% of the votes, as widely predicted.

The president of Finland holds executive power in formulating foreign and security policy, while also commanding the military. The president largely keeps himself removed from domestic politics.

Stubb is described as a liberal conservative, compared to Haavisto, who is an environmentalist with center-left views. Both candidates, though, took similar stances when it came to foreign policy issues, including Russia and helping Ukraine.

Haavisto congratulated his opponent on Sunday, calling Stubbs ‘the 13th president of Finland.’

‘I believe Finland now gets a good president for the republic,’ he said. ‘Alexander Stubb is an experienced, competent person for the job. No more babble.’

The election results mark a new period for Finland, after decades of electing presidents who fostered diplomacy with Russia and chose not to participate in military alliances so it could cool tensions between NATO and Russia.

After Russia invaded Ukraine in 2022, the country changed its stance and joined NATO in April 2023.

Stubb will replace Sauli Niinisto, who, after two six-year terms, is retiring.

Niinisto was called ‘the Putin Whisperer’ because of his close relationship with the Russian leader.

Reuters contributed to this report.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Latest News, And Articles.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    The energy revolution is here to stay, and electric vehicles (EVs) have become part of the mainstream narrative. Despite geopolitical tensions and uncertainty, the...

    Editor's Pick

    Overview Mexico’s Sinaloa state hosts a number of prolific silver and gold mines, including McEwen Mining’s (TSX:MUX) El Gallo Complex, Americas Gold and Silver’s...

    Editor's Pick

    Uranium is an important energy sector commodity, and its rising value has attracted investor interest. 2023 has seen uranium prices solidly above the important...

    Investing

    A new survey shows that the presidential race between former President Donald Trump and President Biden is thin, but Biden faces a deficit in...

    Disclaimer: smartsuccessstrategy.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 smartsuccessstrategy.com