[TABLE] [TR] [TD="class: articleTitle"]Georgia opposition celebrates 'victory' [/TD] [/TR] [TR] [TD="class: Tmp_hSpace10"] [/TD] [/TR] [TR] [TD] President Mikhail Saakashvili and opposition coalition both claim victory in the country's parliamentary election. [/TD] [/TR] [/TABLE] Georgian President Mikhail Saakashvili and the opposition are both claiming victory in the country's parliamentary election, but it remains unclear which side will win the final majority. The governing party was in a heated race against the opposition Georgian Dream coalition led by Bidzina Ivanishvili, a billionaire businessman who has posed the most serious challenge to the pro-Western president since Saakashvili came to power almost nine years ago. Ivanishvili declared victory for the Georgian Dream coalition on Monday after exit polls indicated that he was in the lead. Thousands of his supporters celebrated in the streets of the capital Tbilisi on Monday night, sounding car horns and carrying blue party banners and red-on-white national flags over their heads.