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Sauli Niinistoe of the National Coalition Party has won 63 per cent of votes, defeating pro-euro Greens Party candidate.
Jyrki Katainen chosen to head six-party coalition, two months after his party won parliamentary elections.
Finland swings to right while anti-euro True Finns' surge to prominence could threaten eurozone bailout for Portugal.
The anti-euro True Finns party is expected to reel off big gains in Finland's general election on Sunday.
Al Jazeera looks at some of the leading contenders in the 2009 German election.
Late gains from Conservatives could alter power balance in government
A day before elections, polls suggest that days of centre-left rule may be numbered.
Coalition talks could take as long as a month.

Finland's first woman prime minister resigned on Wednesday after only two months in office for allegedly using leaked secret information on Iraq to help win the March

Featured on Al Jazeera
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
 
 
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