A month-long government crisis started. Since there were only three major parties in the Riigikogu, the third being the Estonian Socialist Workers' Party, no functioning coalition could be found until special authority was given to Konstantin Päts to form a grand coalition between all three major parties. His cabinet took office on 1 November 1932. On 25 November 1932, Päts's government was given more powers by the disunited Riigikogu to deal with the economic crisis. His government was forced to resign on 18 May 1933, after the National Centre Party, still favouring devaluation, left the coalition and the Union of Settlers and Smallholders had lost many of its members to the reactivated Settlers' party. The succeeding Tõnisson's National Centre Party cabinet devalued the Estonian kroon by 35% on 27 June 1933. Although the devaluation proved to be successful and had a good impact to the economy later under his own rule, Päts never recognized his mistake by opposing the devaluation.