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Georgian Dream’s Giorgi Margvelashvili wins presidential election

With 90 percent of the ballots counted, the results of the October 27 presidential election give an outright victory to Georgian Dream’s (GD) candidate Giorgi Margvelashvili with over 62 percent of the votes. These results, if confirmed, mean that there will not be a second election round, as predicted by Prime Minister Bidzina Ivanishvili (GD), who announced he would resign after the presidential election. The election result also means consolidation of Georgian Dream’s power, since the party is now in charge of both the presidency and the government for the first time. The official voter turnout was 46.6 percent, which is lower than during last year’s parliamentary elections (61.3 percent).

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