The Latvian Prime Minister, Valdis Dombrovskis, has resigned following the collapse of a supermarket roof in Riga, which resulted in 54 deaths. Dombrovskis, who became Prime Minister in 2009, steered Latvia though a difficult recession after the global financial crisis led to a 25% drop in GDP between Q4 2007 and Q4 2009.
Although Dombrovskis had not been blamed for the supermarket deaths, the 42-year-old Prime Minister tendered his resignation today, accepting “moral and political responsibility” for the disaster. The Latvian economy has grown at one of the fastest rates in Europe in recent years, but corruption levels remain high. The tragic supermarket collapse in Riga is likely to be attributed to a breach of building regulations. Furthermore, the nation’s Building Inspectorate had been phased out, with Dombrovskis’s support, as part of far-reaching austerity measures in 2009.
With the next election scheduled for October 2014, it is likely that a coalition of current parliamentary parties will form a new government. Parties will begin meeting next week, with the goal of forming a new government by the end of the year.