Wednesday, March 14, 2012

Latvian president moves to dissolve Parliament

RIGA, Latvia (AP) — Latvian President Valdis Zatlers on Saturday called for the dissolution of the country's parliament after lawmakers blocked an anti-corruption investigation against a prominent politician.

His move means a referendum will be held in the next few months on whether to break up Parliament and hold new elections.

It sets the stage for political turmoil in recession-scarred Latvia, which was forced to seek a €7.5 billion international bailout to repair its crippled economy.

A presidential election is expected next week in Parliament, and Zatlers said he realized his chances of re-election could be hurt. But in a speech to the nation he said he …

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