Sunday, June 5, 2011

Portugal, the center-right wins election

The center-right won the parliamentary elections in Portugal according to the first exit polls of public television RTP, which gives the PSD of opposition leader Pedro Passos Coelho between 37 and 42%, compared with between 26 and 30% to outgoing Socialist Prime Minister Jose Socrates. The second part of the center, the CDS of Paulo Portas, gets between 11 and 14%.

The Portuguese have punished the majority of the outgoing Socialist Prime Minister Jose Socrates (who resigned in March). With these data Coelho's party would be able to form a coalition government with the traditional allies of the Conservative Party CDS-PP. The two teams would have a large conservative majority in parliament, with a view to approving the rescue plan by 78 billion euro.

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