Late in the evening of 28 May, the President of Latvia Valdis Zatlers announced live on national TV that he is proposing the dissolution of the Latvian parliament Saeima, writes news2biz.
According to the Constitution of Latvia, the question is now up for nation-wide vote in a referendum. If the voters side with Zatlers, new parliamentary elections will be held. If voters reject his idea, Zatlers is dismissed from his job instead. During his address, Zatlers severely criticised the widespread corruption and nepotism in the Latvian politics, explaining that this radical situation calls for radical solutions.
It is almost certain that the Latvian voters will vote for dissolution of Saeima. In that case, new elections will be held late August – early September.