Portugal's Social Democrats unseated the Socialist government in an emphatic election victory on Sunday, giving the centre-right party a strong mandate to enact a grinding austerity program demanded in return for a 78 billion euro (114 billion US dollar) international bailout.
Party leader Pedro Passos Coelho told supporters that Portugal had a difficult road ahead but he was confident that the country could get back on its feet.
"Portugal is living an extraordinary circumstance, we all know that the great need for change that the country demonstrated today is not a need to look back and set the score with the past, it is an unmistakable will to open a window of hope towards the future," he said at a news conference shortly after early results were returned.
Though the severe debt-reduction measures are expected to pitch the country into deep recession and bring sharply lower living standards in what already is one of western Europe's poorest countries, parties that support the effort to restore fiscal health collected around 80 percent of the vote.
Popular Posts
-
A lady doctor Dr Stuti Shukla was found hanging in her husband's home in Aligarh district of Uttar Pradesh on Sunday night and her paren...
-
Delhi Police today filed its second supplementary charge sheet in the 2008 cash-for-vote case in a court here naming BJP MP Ashok Argal as a...
-
New Delhi, Aug 26: Delhi Police has been asked to crack down on hooligans who indulged in violence during the anti-corruption campaign led b...
-
Defending champion Caroline Wozniacki lost the last six straight games to Roberta Vinci in a 6-4, 7-5 upset defeat in the second round of th...
-
Odisha Chief Minister Naveen Patnaik today said he had no intention of politicising the campaign against terror as alleged by some union min...
-
Iranian state television has shown amateur footage of crew members on board a ship, taking fuel from Dubai to Iran's Bandar Abbas port, ...
-
In fresh trouble for members of the scam-tainted Adarsh Housing Society, which is already under CBI probe, the Enforcement Directorate has i...
-
A man was allegedly beaten to death by the relatives of a girl with whom he had an affair in Hardarwal village here. From: http://ping.fm/oI...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment