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Challenger Andris Berzins wins Latvia’s presidential election

In this photo taken on Saturday, May 28, 2011 and released by Office of the President of the Republic of Latvia, Presidents of Latvia Valdis Zatlers gives televised address in Riga, Latvia. Zatlers on Saturday called for the dissolution of the country's parliament after lawmakers blocked an anti-corruption investigation against a prominent politician. (AP Photo/Office of the President of the Republic of Latvia, Toms Kalnins) EDITORIAL USE ONLY.
In this photo taken on Saturday, May 28, 2011 and released by Office of the President of the Republic of Latvia, Presidents of Latvia Valdis Zatlers gives televised address in Riga, Latvia. Zatlers on Saturday called for the dissolution of the country's parliament after lawmakers blocked an anti-corruption investigation against a prominent politician. (AP Photo/Office of the President of the Republic of Latvia, Toms Kalnins) EDITORIAL USE ONLY.

RIGA, Latvia – Challenger Andris Berzins won Latvia’s presidential election Thursday, defeating incumbent Valdis Zatlers who damaged his chances of re-election by calling for the dissolution of Parliament.

Berzins, a 66-year-old ex-banker turned lawmaker, won with a simple majority of 53 votes in the second round of voting in the 100-seat Parliament. The first round of voting earlier Thursday failed to produce a winner.

Zatlers, 56, had been widely expected to win the vote until he accused lawmakers on Saturday of being soft on corruption and called a referendum on whether to dissolve Parliament.

His move came in response to Parliament blocking the country’s anti-corruption bureau from searching the home of a powerful local politician who is currently the centre of a major graft investigation.

Zatlers’ announcement plunged Latvia into political turmoil at a time when it’s recovering from a near-economic collapse and struggling to meet the conditions of a €7.5 billion ($10.7 billion) loan from the International Monetary Fund and European Union.

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Berzins is currently a lawmaker for the Greens and Farmers’ Union, which is part of the coalition government. He is a multi-millionaire former bank president with numerous land holdings around the country and extensive political experience.

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