Mon, 16 Jun, 2014 06:55:11 PM FTimes- Xinhua Report, June 16
![]() Photo Str / Lehtikuva Outgoing Finnish Prime Minister Jyrki Katainen officially stepped down from the office and submitted his cabinet's resignation to Finnish President Sauli Niinistö on Monday.
Katainen's official resignation makes way for newly-elected chair of the National Coalition Party (NCP) Alexander Stubb to become Finland's new head of government.
Niinistö accepted the resignation of Katainen's cabinet and asked the cabinet to continue functioning as a caretaker government until a new cabinet is formed, Finnish national broadcaster YLE reported.
Parliamentary groups and party leaders met also on Monday in the Parliament to nominate representatives for the government reshuffle talks.
At the meeting, Alexander Stubb was chosen to lead the government negotiations, and all the current government parties expressed their willingness to continue cooperation in the government.
According to YLE, the government reconstruction will be completed immediately after the midsummer holiday, and the Parliament is going to accept the new cabinet's program before recessing for the summer vacation.
Jyrki Katainen announced earlier in April that he would resign as the chair of the NCP and head of the government in June. Stubb was elected to be the new chair of the NCP on June 14, and he is expected to succeed Katainen as the new prime minister.
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