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| Dombrovskis chosen as Latvian PM | Dombrovskis chosen as Latvian PM |
| (10 minutes later) | |
| Latvia's president has nominated former finance minister Valdis Dombrovskis as prime minister and asked him to form a new coalition government. | Latvia's president has nominated former finance minister Valdis Dombrovskis as prime minister and asked him to form a new coalition government. |
| Valdis Zatlers said he had chosen Mr Dombrovskis because he had sufficient support in parliament and because of his knowledge of finance and economics. | Valdis Zatlers said he had chosen Mr Dombrovskis because he had sufficient support in parliament and because of his knowledge of finance and economics. |
| Mr Dombrovskis, who is a member of the European Parliament, is from the main centre-right opposition party, New Era. | Mr Dombrovskis, who is a member of the European Parliament, is from the main centre-right opposition party, New Era. |
| Ivars Godmanis resigned as PM last week amid economic turmoil in the country. | Ivars Godmanis resigned as PM last week amid economic turmoil in the country. |
| Latvia's economy is in recession and is expected to contract by up to 12% in 2009, with unemployment rising by 50%. | |
| Mr Dombrovskis will now hold talks with Latvia's political parties on forming a new government. If they are successful, a list of ministers will be submitted to parliament for a confidence vote. | |
| "I wish Valdis Dombrovskis luck," Mr Zatlers said on Thursday. |