Election of a new president in Lebanon fails for the time being

Since 2019, Lebanon has been in one of the worst economic crises in the country's history.

Election of a new president in Lebanon fails for the time being

Since 2019, Lebanon has been in one of the worst economic crises in the country's history. The national currency lost more than 95 percent of its value on the black market. Poverty and unemployment have recently increased significantly.

The election of outgoing President Michel Aoun in 2016 took place after a 29-month vacancy. The parliamentarians had unsuccessfully tried 45 times to reach a consensus on a candidate.

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