Central Banking

Former Latvia cb chief wins most seats in election

LATVIA - The newly-formed New Era party of ex-central bank chief Einars Repse has obtained the most seats in a close-run race in Latvia's parliamentary elections.

Based on official provisional results from all but one polling station, Repse's party obtained 26 seats, followed closely with 24 by the pro-Russian coalition For Human Rights in a United Latvia.

AFP reported that tough coalition talks are expected to follow. The unexpectedly strong showing for the pro-Russian coalition, which cam