Latvian Prime Minister Valdis Dombrovskis’s coalition has been re-elected despite implementing tough spending cuts to help the European nation recover from the financial crisis.

“Voters have quite clearly voted for stability and continuation of both economic and foreign policy,” Dombrovskis was quoted by The Wall Street Journal as saying.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.