Costa Rica elections: Libertarian Otto Guevara gracious in defeat

Congratulates Laura Chinchilla, "our president"

Libertarian Presidential candidate Otto Guevara was quick to concede to winner Laura Chinchilla of the centrist National Liberation Party last night, as election returns continued to come in. Ms. Chinchilla won with 47% of the vote. Second place finisher, center-left Otto Solis received 25%. Guevara received 21% which guarantees Movimiento Libertario (Libertarian Party) an increased number of seats in the Costa Rica Congress.

From the UK Guardian, "Costa Rica elects first female President":

Costa Ricans have elected their first female president as the ruling party candidate won in a landslide after campaigning to continue free market policies in Central America's most stable nation.

The 50-year-old protege of the current president, Nobel peace prize laureate Óscar Arias, promised to pursue the same economic policies that recently brought the country into a trade pact with the US and opened commerce with China.

The third-place candidate, Guevara, congratulated Chinchilla as "our president", but he also pointed out the new political muscle of his tax-bashing Libertarian Movement Party. He won 21% of the vote.

But it is not yet known if Chinchilla's party will have a full majority in the Costa Rica Congress.

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